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Property profile & analytics
FOR LEASE
Office buildings
3625 Brookside Pkwy Alpharetta, GA 30022
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-1633256
For Lease
1 / 4
$28,860,000
3625 Brookside Pkwy, Alpharetta, GA 30022
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built
1999
Total area
144,860 SF
Lot
19.69 ac (857,696 SF)
Zoning code
OI
APN
11 002000440365
UPID
US22-1633256
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dan Park MLO Loan Service Bank
-
CarrotCube (Bike/Boat/Book/etc) Store Corporate Office
-
Association of Certified Financial Crime Specialists - ACFCS Association Or Organization
-
GEO-CORP, Inc. Loan Service Bank
-
Fast Forward Academy Training Center Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$31.84M
Comparable Approach
Comparable
$35.65M
Blend (final)
Blend
$28.86M
Owner & transaction history
Bof II Ga Brookside LLC · 5 yrs held
Bof II Ga Brookside LLC
since 2021
Last sale
$27.0M
6 recorded transactions
Zoning & alternative use
OI · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$47.6M
+93.4%
Retail stores
$45.3M
+83.9%
Medical building
$45.0M
+82.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Alpharetta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alpharetta submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$34,485,000
6.5%
$31,835,000
7%
$29,560,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$24,610,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$47,600,000
Change: +93% · Conversion: Difficult
RETAIL STORES
$45,260,000
Change: +84% · Conversion: Moderate
MEDICAL BUILDING
$45,000,000
Change: +83% · Conversion: Easy
AUTO REPAIR, GARAGE
$42,220,000
Change: +72% · Conversion: Difficult
Blend value · Realmo final
$28.86M
Range $25.97M – $31.75M · ±10% · vs last sale $27.00M (May 14 2025)
Last sale anchor
$27.00M
May 14 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$199 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$516,781
Tax year 2023
Assessed value
$18,308,680
Assessed 2023
Previous assessed
$13,860,600
+32.1% YoY
Effective rate
2.82%
On assessed value
Assessed land
$1,698,000
Assessed improvement
$16,610,680
Land market value
$4,245,000
Improvement market value
$41,526,700
Total market value
$45,771,700
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Status
For Lease
Year built
1999
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
144,860 SF
Lot
19.69 ac (857,696 SF)
Zoning code
OI
APN
11 002000440365
UPID
US22-1633256
Jurisdiction
FULTON
Zoning & alternative use
OI · Alpharetta, GA
Zoning OI · permitted uses
OI · Alpharetta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alpharetta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$24.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$47.6M
RETAIL STORES
Est. value
$45.3M
MEDICAL BUILDING
Est. value
$45.0M
AUTO REPAIR, GARAGE
Est. value
$42.2M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
19.69 ac
Current owner
From public records · entity-resolved
Bof II Ga Brookside LLC
Entity
Mailing address
5 CONCOURSE PKWY STE #3100, ATLANTA, GA 30328-7117
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2021
$41,150,000
Bof II Ga Brookside LLC
Ipx Brookside Investors LLC
Limited Warranty Deed
$36,075,000 · Texas Capital Bank
Apr 8, 2016
$42,500,000
Ipx Brookside Investors LLC
Bre Of Coh Ga LLC
Grant Deed
—
Dec 15, 2011
$45,084,200
Bre Of Coh Ga LLC
Duke Secured Financi 2009-1alz
Grant Deed
—
Feb 26, 2009
$40,950,000
Secured Financing 2009 Ia Duke
Duke,realty Limited Partne
Grant Deed
related
—
—
—
Bre Of Coh Ga LLC
—
Deed Of Trust
related
$12,959 · General Electric Capital Corp
—
—
Ipx Brookside Investors LLC
—
Deed Of Trust
related
$29,600,000 · Miscellaneous Ins Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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