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4400 North Point Pkwy, Alpharetta, GA 30022
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Property summary
AI-generated overview
One Point Royal, located at 4400 North Point Parkway in Alpharetta, Georgia 30022, offers exceptional executive office space in a Class B building. This two-story building, totaling 151,051 square feet, underwent comprehensive renovations in 2018. The property features multiple first-floor entries with convenient direct access to parking, a significant advantage for tenants and their clients. Currently, there are 48,255 square feet of vacant space available, divisible into units ranging from a minimum of 893 square feet to a maximum contiguous space of 8,313 square feet. The building boasts efficient floorplates and 9-foot ceilings, providing ample space for customization to suit various business needs. Flexible lease structures and competitive rates are available, making One Point Royal an attractive option for businesses seeking high-quality office space in a desirable Alpharetta location within Fulton County. Built in 1996, this property offers a blend of established infrastructure and modern updates, ensuring a comfortable and productive work environment. The property is ideally situated to provide easy access to major transportation routes and amenities. Inquire today to learn more about the available spaces and lease options.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1997
Total area
150,944 SF
Lot
10.96 ac (477,418 SF)
Zoning code
OI
APN
12 312009060371
UPID
US22-0850081
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
-
Real Estate Agency
-
IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Charitable Organization Social Service Agency
-
Construction Company General Contractor
-
Electronics & Wireless Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$20.16M
Blend (final)
Blend
$16.47M
Owner & transaction history
since 2018
Last sale
$15.7M
5 recorded transactions
Zoning & alternative use
OI · Alpharetta, GA
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.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
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
$16.47M
Value range
$14.82M – $18.11M
±10% around blend
Estimated value / SF
$109 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
30
Income certainty
100
$14.82M
blend $16.47M
$18.11M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
150,944 SF
Lot area
10.96 ac
Year built
1997
Stories
1
APN
12 312009060371
Zoning
OI
Assessed value
$7,800,000
Annual tax
$243,563
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$243,563
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$17.65M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
15.0 mi away · 121,862 SF
18.4 mi away · 175,900 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$16.47M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 64 sales
$170
-36%
Submarket 256 sales
$209
-48%
County 838 sales
$264
-59%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $109/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
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: income and sales evidence cover the value conclusion.
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
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$28.90M
Move the market yield to see immediate price impact.
Value / SF
$191
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
5.00%7.00%9.00%
$1.82M
$36.41M
$26.01M
$20.23M
$2.02M
$40.45M
$28.90M
$22.47M
$2.23M
$44.50M
$31.79M
$24.72M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$16.46M
10.0 mi · Dec 2025 · $123/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$243,563
Tax year 2023
Assessed value
$7,800,000
Assessed 2023
Previous assessed
$8,800,000
-11.4% YoY
Effective rate
3.12%
On assessed value
Assessed land
$2,959,200
Assessed improvement
$4,840,800
Land market value
$7,398,000
Improvement market value
$12,102,000
Total market value
$19,500,000
Applied tax rate
10.0000
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
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1997
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
150,944 SF
Lot
10.96 ac (477,418 SF)
Zoning code
OI
APN
12 312009060371
UPID
US22-0850081
Jurisdiction
FULTON
Zoning & alternative use
OI · Alpharetta, GAZoning OI · permitted uses
OI · Alpharetta, 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
1997
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
10.96 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
OI
Jurisdiction
Alpharetta, GA
Recorded code
OI
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OI in Alpharetta, 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.
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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