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    4400 North Point Pkwy Alpharetta, GA 30022
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    Property profile & analytics

    4400 North Point Pkwy, Alpharetta, GA 30022

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    • Office buildings
    • 150,944 SF
    • 10.96 lot acres
    For Lease
    $19 SF/Yr
    View Listing →
    Renovated Office Space Available For Lease
    $19 SF/Yr

    Renovated Office Space Available

    Customizable office space in a prime Alpharetta location.

    4400 North Point Parkway, Alpharetta, GA 30022
    View Listing
    Property ID
    US22-0850081
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • KATE AUSTIN, Taylor Morrison Realty of Georgia, Inc. / Real Estate Agency
    • ThreeWill / IT Consulting Firm / (Bike/Boat/Book/etc) Store
    • Technology Association of Georgia / Charitable Organization / Social Service Agency
    • Taylor Morrison / Construction Company / General Contractor
    • Vernon Technology Solutions / Electronics & Wireless Store

    Property Details for 4400 North Point Pkwy

    Year built
    1997
    Lot size
    10.96 lot acres
    Zone code
    OI
    Property type
    Office buildings
    APN
    12 312009060371
    APU
    12312009060371

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $20,161,000
      Market price range: $18.5M - $37.1M
      AI Estimate
      $14,237,000
      Market price range: $14.1M - $23.8M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $25,645,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.2643
    Latitude
    34.0595
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $243,563
    $2,959,200
    $4,840,800
    $7,800,000
    -
    $7,398,000
    $12,102,000
    $19,500,000

    Comparable in this City

    • Value Estimation
      $3,120,000
      25,548 SF

      5865 Pt Pkwy

      OFFICE BUILDING (MULTI-STORY)
      5865 Pt Pkwy, Alpharetta, GA 30022-1168
      View Details
    • Value Estimation
      $7,315,000
      35,212 SF

      11610 Great Oaks Way

      OFFICE BUILDING
      11610 Great Oaks Way, Alpharetta, GA 30022-2418
      View Details
    • Value Estimation
      $19,525,000
      80,228 SF

      11650 Great Oaks Way

      SKYSCRAPER/HIGH-RISE (COM OFFICES)
      11650 Great Oaks Way, Alpharetta, GA 30022-2418
      View Details
    • Value Estimation
      $4,295,000
      25,660 SF

      3050 Royal S Blvd

      OFFICE BUILDING (MULTI-STORY)
      3050 Royal S Blvd, Alpharetta, GA 30022-4427
      View Details
    • Value Estimation
      $1,005,000
      4,200 SF

      11379 Southbridge Pkwy

      OFFICE BUILDING (MULTI-STORY)
      11379 Southbridge Pkwy, Alpharetta, GA 30022-4402
      View Details
    • Value Estimation
      $1,590,000
      13,724 SF

      4640 Valais Ct

      OFFICE BUILDING (MULTI-STORY)
      4640 Valais Ct, Alpharetta, GA 30022-2606
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Class A Office Building

      Mid-rise office building with excellent access and ample parking.
      4555 Mansell Rd, Alpharetta, GA 30022
      View Details
    • $2,500,000
      7,275 SF

      Alpharetta Commercial Building For Sale

      Well-maintained commercial building in Alpharetta, suitable for medical or office use.
      8480 Holcomb Bridge Rd, Alpharetta, GA 30022
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    • Contact for pricing
      9,042 SF

      Alpharetta Bank Branch Opportunity

      Freestanding 9,042 SF building on 1.89 acres for sale.
      10500 Old Alabama Rd, Alpharetta, GA 30022
      View Details
    • Contact for pricing

      Class A Office Building

      Mid-rise office building with excellent access to GA 400.
      4555 Mansell Rd, Alpharetta, GA 30022
      View Details
    • $999,900
      Pending

      5 Acre Estate Lot

      Estate lot with potential for remodeling or building a dream home.
      360 Ankonian Dr, Johns Creek, GA 30022
      View Details
    • $455,000

      Move-in Ready Townhouse in Johns Creek

      Townhouse in gated community with pool, tennis, and clubhouse.
      10898 Gallier St, Alpharetta, GA 30022
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      2,500 SF

      Renovated Office Building in Johns Creek

      23,500 SF office building in thriving North Fulton district.
      11030 Jones Bridge Rd, Johns Creek, GA 30022
      View Details
    • $28 SF/Yr
      26,762 SF

      Class A Office Space Available

      LEED certified office building with parking and amenities for rent.
      11175 Cicero Dr, Alpharetta, GA 30022
      View Details
    • Contact for pricing
      130,000 SF

      Alpharetta Office Space For Rent

      Active Alpharetta workplace designed for tenant wellness and productivity.
      3625 Brookside Pkwy, Alpharetta, GA 30022
      View Details
    • Contact for pricing

      Alpharetta Office/Medical Space for Lease

      Office/Medical building in Fulton County with excellent access and parking.
      3005 Royal Blvd South, Alpharetta, GA 30022
      View Details
    • $28 SF/Yr
      6,602 SF

      Class A Office Space

      LEED certified office in mixed-use corporate campus for rent.
      30000 Mill Creek Ave, Alpharetta, GA 30022
      View Details
    • Contact for pricing
      500,000 SF

      Planned Class A Office Space

      Planned 500,000 SF Class A office in Alpharetta.
      North Point Pkwy, Alpharetta, GA 30022
      View Details
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    Alpharetta, GA 30022
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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