Property profile

5515 Spalding Dr Peachtree Corners, GA 30092

OFF-MARKET
Commercial real estate
Property ID
US22-0640791
48,260 SF 5.24 ac lot Built 1985
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional single-tenant executive office building, located at 5515 Spalding Drive in Peachtree Corners, Georgia, presents a unique investment opportunity. The property boasts a substantial 25,000 square feet of office space within a larger building totaling over 50,000 square feet, offering potential for subdivision. Situated on a generous 5.24-acre lot, the building features ample parking with 50 spaces available. The property's zoning is designated O&I, providing flexibility for various business uses. The address is 5515 Spalding Drive, Peachtree Corners, GA 30092, with the APN listed as R6302 121. The building's single-tenant occupancy presents a streamlined management structure, while the potential for subdivision offers significant expansion or rental income opportunities. The main floor or second floor would be particularly well-suited for a corporate headquarters or large-scale professional practice. This prime location in Peachtree Corners offers excellent accessibility and visibility, making it an ideal choice for businesses seeking a prestigious and functional workspace. The property is ready for immediate occupancy.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1985
Total area 48,260 SF
Lot 5.24 ac (228,254 SF)
Zoning code M1-LIGHT INDUSTRY
APN 6-302 -121
UPID US22-0640791

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5515 Spalding Dr Peachtree Corners, GA 30092-2502
Peachtree Corners metro Census 50308 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.68M
CAP Approach CAP
$9.02M
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.58M

Owner & transaction history

since 2022
Last sale
$6.3M
6 recorded transactions
2022
$6.3M
2018
Price N/A
2009
Price N/A
2009
$3.0M
2009
$3.0M
2007
$5.0M

Zoning & alternative use

M1-LIGHT INDUSTRY · Peachtree Corners, GA
Top alternative use upside
Retail stores $13.0M +3.6%
Neighborhood: shopping center $12.7M +1.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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