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6 Concourse Pkwy, Sandy Springs, GA 30328
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Property summary
AI-generated overview
This prestigious Sandy Springs, GA office building, known as the King Tower, offers a variety of traditional office spaces ranging from 1,475 to 25,841 square feet, accommodating businesses of all sizes. Located at 6 Concourse Pkwy, 30328, this recently renovated building boasts 24 available spaces within a multiple-tenancy environment. Amenities include on-site cafes and restaurants, indoor/outdoor community spaces, Wi-Fi-equipped areas, convenience shops, a conference center, and a parking garage with detailing services. The building is part of a larger campus featuring a fitness center with pools, tennis courts, and more, plus a daycare and hotel. Enjoy a vibrant work environment enhanced by tenant appreciation events and access to extensive wellness programs and services. The building's modern design and convenient location in Fulton County make it an ideal choice for businesses seeking a premium office space. Floor plates are 25,000 square feet, offering flexibility in space configuration.
Property profile
Verified
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built
1991
Total area
169,673 SF
Lot
3.89 ac (169,666 SF)
Zoning code
OIC
APN
17 0017 LL1244
UPID
US22-1843152
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
-
Factory Production Facility
-
Law Firm Child Welfare Organization
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Business Management Consultant
-
(Bike/Boat/Book/etc) Store Corporate Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$37.29M
Comparable Approach
Comparable
$49.95M
Blend (final)
Blend
$36.81M
Owner & transaction history
Zoning & alternative use
OIC · Atlanta, GA
Top alternative use upside
Commercial (general)
$47.7M
+50.1%
Neighborhood: shopping center
$46.2M
+45.3%
Medical building
$46.1M
+45.2%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$36.81M
Value range
$33.13M – $40.49M
±10% around blend
Estimated value / SF
$217 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
40
$33.13M
blend $36.81M
$40.49M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
169,673 SF
Lot area
3.89 ac
Year built
1991
Stories
1
APN
17 0017 LL1244
Zoning
OIC
Assessed value
$15,949,200
Annual tax
$513,979
3
Income approach: direct capitalization
Partial preview
Income approach indication
$37.29M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$40.40M
@ 6.5% CAP return
$37.29M
@ 7% CAP return
$34.63M
4
Sales comparison
Partial preview
Sales approach indication
$19.89M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.3 mi away · 121,862 SF
11.1 mi away · 150,944 SF
15.0 mi away · 175,900 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$36.81M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 36 sales
$187
+16%
Submarket 604 sales
$234
-7%
County 838 sales
$264
-18%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $217/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+50%
vs current-use indication
Neighborhood: Shopping Center
Medical Building
Auto Repair, Garage
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$15.95M
Move the market yield to see immediate price impact.
Value / SF
$94
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.00M
$20.10M
$14.35M
$11.16M
$1.12M
$22.33M
$15.95M
$12.40M
$1.23M
$24.56M
$17.54M
$13.65M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$16.46M
1.5 mi · Dec 2025 · $123/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$513,979
Tax year 2023
Assessed value
$15,949,200
Assessed 2023
Previous assessed
$15,949,200
+0.0% YoY
Effective rate
3.22%
On assessed value
Assessed land
$1,577,560
Assessed improvement
$14,371,640
Land market value
$3,943,900
Improvement market value
$35,929,100
Total market value
$39,873,000
Applied tax rate
59.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Status
For Lease
Year built
1991
Heating
NONE
Stories
1
Total area
169,673 SF
Lot
3.89 ac (169,666 SF)
Zoning code
OIC
APN
17 0017 LL1244
UPID
US22-1843152
Jurisdiction
FULTON
Zoning & alternative use
OIC · Atlanta, GAZoning OIC · permitted uses
OIC · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Stories
1
Lot
3.89 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
OIC
Jurisdiction
Atlanta, GA
Recorded code
OIC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OIC in Atlanta, GA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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