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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    500 Sugar Mill Rd Atlanta, GA 30350

    • Office buildings
    • 27,428 SF
    • 1.65 lot acres
    For Lease
    View listing
    $16 SF/Yr
    Value Estimations
    $695,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1381153
    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.

    Current Use by Public Records

    • Gipsy Insurance Classes / Trade School
    • Two Maids Atlanta / House Cleaning Service / Cleaning Service
    • Heritage Construction & Maintenance Company / Contractor
    • Cereset Sandy Springs / Wellness Center
    • Creative Coach Solutions - We Move Brands / Marketing Agency / Vehicle Wrapping Service

    Property Details for 500 Sugar Mill Rd

    Year built
    1985
    Lot size
    1.65 lot acres
    Property size
    27,428 SF
    Zone code
    AC
    Property type
    Office buildings
    APN
    17 002500050018
    APU
    17002500050018

    Description

    Located in Atlanta, Georgia, at 500 Sugar Mill Rd, 30350, Sugar Mill Office Park offers exceptional executive office space. This 13,342 square foot property features multiple tenancies, with a significant amount of vacant space totaling 10,074 square feet currently available. Individual suites range from a minimum of 1,358 square feet to a maximum contiguous space of 3,913 square feet, providing flexibility for businesses of various sizes. Several suites are immediately available, including options of 1,358 SF, 2,555 SF, 3,441 SF, and 3,641 SF. Additionally, a combined space of 3,913 square feet is possible by leasing two adjacent suites. The property boasts ample parking with 106 spaces available for tenants and their guests. This prestigious location provides easy access to Atlanta's vibrant business community and offers a professional environment ideal for executive offices. The property is situated at 33.9830147 latitude and -84.3517813 longitude. Inquire today to secure your ideal workspace within this sought-after office park.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $695,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.352
    Latitude
    33.983
    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
    $24,396
    $297,200
    $567,120
    $864,320
    -
    $743,000
    $1,417,800
    $2,160,800

    Comparable in this City

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    • Value Estimation
      $1,375,000
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      8302 Dunwoody Pl

      OFFICE BUILDING (MULTI-STORY) • 50,630 SF
      8302 Dunwoody Pl, Sandy Springs, GA 30350-3317
      View Details
    • Value Estimation
      $435,000
      12,400 SF

      1215 Hightower Trl

      OFFICE BUILDING (MULTI-STORY) • 12,400 SF
      1215 Hightower Trl, Sandy Springs, GA 30350-6244
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    • Value Estimation
      $890,000
      26,200 SF

      1280 Hightower Trl

      OFFICE BUILDING (MULTI-STORY) • 26,200 SF
      1280 Hightower Trl, Sandy Springs, GA 30350-2913
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    • Value Estimation
      $790,000
      23,122 SF

      1010 Huntcliff

      OFFICE BUILDING (MULTI-STORY) • 23,122 SF
      1010 Huntcliff, Atlanta, GA 30350-7532
      View Details
    • Value Estimation
      $1,200,000
      10,024 SF

      1100 Rosewell Rd

      OFFICE BUILDING (MULTI-STORY) • 10,024 SF
      1100 Rosewell Rd, Sandy Springs, GA 30350
      View Details

    Similar Nearby for Sale

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      Recently renovated office building with quick highway access.
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      Office Building Corporate Headquarters Ready

      Three-story office building suitable for corporate headquarters.
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      Office space sublease with furniture and immediate highway access.
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    • $2,850,000
      0.45 Acres

      Sandy Springs Multifamily Investment Opportunity

      Stabilized 12-unit building in high-demand Sandy Springs market.
      375 Winding Riv Dr, Atlanta, GA 30350
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    • $479,900
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      Atlanta Commercial Land For Sale

      Commercial land with CC zoning in a high-traffic Atlanta location.
      Northridge Xing Dr, Atlanta, GA 30350
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      Luxury Townhome in Sandy Springs

      Move-in-ready townhome with refinished hardwood floors and private, tree-lined views.
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    Similar Nearby for Lease

    • $19 SF/Yr
      40,836 SF

      Hightower Centre I Office Space

      Atlanta Office Suites: 1,616 - 4,222 SF Available
      8300 Dunwoody Pl, Atlanta, GA 30350
      View Details
    • $20 SF/Yr
      45,306 SF

      Hightower Centre II Office Space

      Atlanta Office Building: 1 Space Available
      8302 Dunwoody Pl, Atlanta, GA 30350
      View Details
    • $24 SF/Yr
      18,215 SF

      Prime Atlanta Office Space Available

      8,000-18,215 sq ft, Fulton County
      365 Northridge Rd, Atlanta, GA 30350
      View Details
    • $21 SF/Yr
      4,000 SF

      Sandy Springs Office Space Available

      Flexible office spaces in a convenient Sandy Springs location.
      8405 Dunwoody Pl, Sandy Springs, GA 30350
      View Details
    • $2,895 /Mo
      9,757 SF

      Creative Space in Atlanta, GA

      Creative space suitable for flex office, studio, warehouse, or distribution.
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      View Details
    • $24 SF/Yr
      28,049 SF

      Northridge Center Office Suites

      Class A Office Space, Prime Location
      375 Northridge Rd, Atlanta, GA 30350
      View Details
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    500 Sugar Mill Rd
    Atlanta, GA 30350
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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.

    More about this property
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