Trust Owned Property summary
AI-generated overview
Northridge Center, a two-building Class A office campus, offers exceptional office space conveniently located off GA-400's Northridge exit 6, bridging Central Perimeter and North Fulton. This prime location provides easy access to a wealth of dining, shopping, and entertainment options. The property features flexible floor plans to accommodate various business needs, ranging from 878 square feet to 7,634 square feet, with six spaces currently available for lease. Building amenities include a state-of-the-art fitness center and a convenient on-site café, enhancing employee well-being and convenience. The property is ideal for businesses seeking a high-quality, amenity-rich environment in a highly accessible location. The multiple tenancy structure allows for flexibility in lease terms and space configurations. This is a fantastic opportunity for companies seeking a modern and well-appointed office space in a thriving business community within Fulton County. The property's strategic location and comprehensive amenities create an attractive and productive work environment. Contact us today to learn more about available spaces and lease options.
Property profile
Verified
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built
1989
Total area
134,022 SF
Lot
2.48 ac (108,029 SF)
Zoning code
OIC
APN
17 0025 LL0626
UPID
US22-0962730
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Consultant
-
Employment Agency
-
Marketing & Advertising
-
Architecture Firm Architectural Designer
-
Corporate Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.89M
Blend (final)
Blend
$22.12M
Owner & transaction history
since 2022
Last sale
$22.7M
7 recorded transactions
Zoning & alternative use
OIC · Sandy Springs, GA
Top alternative use upside
Retail stores
$30.1M
+78.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$22.12M
Value range
$19.90M – $24.33M
±10% around blend
Estimated value / SF
$165 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
30
$19.90M
blend $22.12M
$24.33M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
134,022 SF
Lot area
2.48 ac
Year built
1989
Stories
1
APN
17 0025 LL0626
Zoning
OIC
Assessed value
$5,171,560
Annual tax
$145,972
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$15.57M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.3 mi away · 150,944 SF
11.3 mi away · 121,862 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$22.12M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 36 sales
$126
+31%
Submarket 604 sales
$234
-30%
County 838 sales
$264
-37%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $165/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+78%
vs current-use indication
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
8.70%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.70%
9.0%
NOI (est.)
$1.59M *
Last sale · Jul 2022
$22.70M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$18.26M
Move the market yield to see immediate price impact.
Value / SF
$136
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.20%8.70%9.20%
$1.43M
$17.44M
$16.44M
$15.54M
$1.59M
$19.38M
$18.26M
$17.27M
$1.75M
$21.32M
$20.09M
$19.00M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$16.46M
2.9 mi · Dec 2025 · $123/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$145,972
Tax year 2023
Assessed value
$5,171,560
Assessed 2023
Previous assessed
$5,171,560
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$1,034,312
Assessed improvement
$4,137,248
Land market value
$2,585,780
Improvement market value
$10,343,120
Total market value
$12,928,900
Applied tax rate
59.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Status
Off-Market
Year built
1989
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
134,022 SF
Lot
2.48 ac (108,029 SF)
Zoning code
OIC
APN
17 0025 LL0626
UPID
US22-0962730
Jurisdiction
FULTON
Zoning & alternative use
OIC · Sandy Springs, GAZoning OIC · permitted uses
OIC · Sandy Springs, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
2.48 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
OIC
Jurisdiction
Sandy Springs, GA
Recorded code
OIC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OIC in Sandy Springs, GA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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