Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5210 Spalding Dr Norcross, GA 30092-2603

    • Day care centers
    • 2,774 SF
    • 1.29 lot acres
    OFF-MARKET
    Value Estimations
    $200,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-3961492
    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

    • Bright Learning Academy / Day Care Center / Preschool

    Property Details for 5210 Spalding Dr

    Year built
    1985
    Construction
    WOOD
    Lot size
    1.29 lot acres
    Property size
    2,774 SF
    Zone code
    C1-NBHD BUSINESS
    Property type
    Day care centers
    APN
    6-286 -012
    APU
    6286012

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $230,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $167,000
      Market price range: $111k - $233k

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

    Location Insight

    • Map
    • Local Demand
    City
    Norcross
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.2086
    Latitude
    33.9682
    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
    $4,340
    $90,280
    $44,920
    $135,200
    -
    $225,700
    $112,300
    $338,000

    Comparable in this City

    • Value Estimation
      $3,100,000
      6,339 SF

      6325 Primrose Hl Ct

      DAY CARE, PRE-SCHOOL • 6,339 SF
      6325 Primrose Hl Ct, Peachtree Corners, GA 30092-4544
      View Details
    • Value Estimation
      $655,000
      8,048 SF

      5055 Peachtree Pkwy

      DAY CARE, PRE-SCHOOL • 8,048 SF
      5055 Peachtree Pkwy, Peachtree Corners, GA 30092-2524
      View Details
    • Value Estimation
      $335,000
      6,460 SF

      5970 Crooked Crk Rd

      DAY CARE, PRE-SCHOOL • 6,460 SF
      5970 Crooked Crk Rd, Peachtree Corners, GA 30092-2420
      View Details
    • Value Estimation
      $305,000
      6,756 SF

      6275 Crooked Crk Rd

      DAY CARE, PRE-SCHOOL • 6,756 SF
      6275 Crooked Crk Rd, Peachtree Corners, GA 30092-3107
      View Details
    • Value Estimation
      $500,000
      19,098 SF

      4785 Peachtree Cors Cir

      DAY CARE, PRE-SCHOOL • 19,098 SF
      4785 Peachtree Cors Cir, Peachtree Corners, GA 30092-2521
      View Details
    • Value Estimation
      $555,000
      12,384 SF

      4565 Peachtree Industrial Blvd

      DAY CARE, PRE-SCHOOL • 12,384 SF
      4565 Peachtree Industrial Blvd, Berkeley Lake, GA 30092-3021
      View Details

    Similar Nearby for Sale

    • $2,950,000
      9,052 SF

      Broadstone Office: Peachtree Corners

      9,052 SF Office, Prime Location
      3375 Oak Harbor Dr, Peachtree Corners, GA 30092
      View Details
    • $250,000
      1.20 Acres

      Prime Peachtree Corners Office Land

      1.2-acre office development site in Norcross, GA
      5585 Peachtree Pkwy, Peachtree Corners, GA 30092
      View Details
    • $2,500,000
      10,640 SF

      Smithpointe Office Park Investment

      Georgia Executive Office Building, 10,640 SF
      6251 Smithpointe Dr, Norcross, GA 30092
      View Details
    • $250,000
      1 SF

      Peachtree Parkway Office Site

      1.2 +/- acre office site on Peachtree Parkway.
      5585 Peachtree Pkwy, Peachtree Corners, GA 30092
      View Details
    • $335,000
      1,242 SF

      Furnished Office Suite in Peachtree

      Turnkey office suite in Peachtree Corners' Northcreek Condominium Office Park.
      3790 Holcomb Bridge Rd, Peachtree Corners, GA 30092
      View Details
    • $1,975,000
      5.00 Acres

      Prime Land in Neely Farm

      5+/- acre land parcel for executive home development.
      Hawk Run, Peachtree Corners, GA 30092
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      66,304 SF

      Prime Norcross Office Space Available

      Modern Office Suites, Move-In Ready
      3300 Holcomb Bridge Rd, Peachtree Corners, GA 30092
      View Details
    • $13 SF/Yr
      68,832 SF

      Gwinnett County Flex Space Available

      Peachtree Corners flex space; multiple suites.
      5390 Triangle Pkwy, Norcross, GA 30092
      View Details
    • $17 SF/Yr
      5,620 SF

      Spalding Exchange Office Park

      Norcross, GA Office Suites Available
      3937 Holcomb Bridge Rd, Norcross, GA 30092
      View Details
    • $12 SF/Yr
      37,500 SF

      Prime Peachtree Corners Flex Space

      8,498 SF Flex Space Available Now
      110 Technology Pkwy, Peachtree Corners, GA 30092
      View Details
    • $24 SF/Yr
      100,000 SF

      Prestigious Peachtree Corners Corporate Campus

      Class A office space with modern amenities and convenient parking.
      6525 The Corners Pkwy NW, Norcross, GA 30092
      View Details
    • Contact for pricing
      26,665 SF

      Peachtree Corners Class A Office

      Class A office space in Peachtree Corners' Tech Park.
      3550 Engineering Dr, Peachtree Corners, GA 30092
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5210 Spalding Dr
    Norcross, GA 30092-2603
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.