Property profile

5885 Glenridge Dr Sandy Springs, GA 30328

OFF-MARKET
Office buildings
Property ID
US22-0871960
102,600 SF 10 ac lot Built 1980
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1980
Construction WOOD
Total area 102,600 SF
Lot 10 ac (435,600 SF)
Zoning code OIC
APN 17 0037 LL0457
UPID US22-0871960

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
  • Physician
  • Physician
  • Real Estate Agency
  • Psychotherapist
  • Physician

Location

5885 Glenridge Dr Sandy Springs, GA 30328-5512
Sandy Springs metro Census 10132 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$22.55M
Comparable Approach Comparable
$19.59M
Blend (final) Blend
$22.22M

Owner & transaction history

since 2023
Last sale
$23.1M
7 recorded transactions
2023
$23.1M
2020
$18.9M
2015
$12.0M
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

OIC · Sandy Springs, GA
Top alternative use upside
Commercial (general) $28.8M +50.1%
Neighborhood: shopping center $27.9M +45.3%
Medical building $27.9M +45.2%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5885 Glenridge Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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