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

    6690 Roswell Rd Sandy Springs, GA 30328-3161

    • Community centers
    • 36,045 SF
    • 12.51 lot acres
    OFF-MARKET
    Value Estimations
    $8,010,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1345014
    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

    • Community centers

    Property Details for 6690 Roswell Rd

    Year built
    1988
    Lot size
    12.51 lot acres
    Property size
    36,045 SF
    Zone code
    OIC
    Property type
    Community centers
    APN
    17 008700010512
    APU
    17008700010512

    Description

    Sandy Springs Crossing, located at 6690 Roswell Road in Sandy Springs, Georgia (zip code 30328), offers a prime retail opportunity in Fulton County. This multi-tenant property totals 126,069 square feet and features seven individual suites, providing flexibility for various business needs. Currently, there are 29,593 square feet of vacant space available for lease, with suite sizes ranging from a minimum of 750 square feet to a maximum contiguous space of 9,953 square feet. The property's former use as a college and storefront provides a unique character and potential for adaptive reuse. The building's location in Sandy Springs offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. This property presents a rare opportunity to secure space in a well-established retail center with significant potential for growth and success. The property is categorized as retail, with a subtype of former college and storefront. Interested parties should inquire about available suite sizes and lease terms. The property's latitude and longitude coordinates are 33.9381442 and -84.3806941 respectively.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $9,655,000
      6.5%
      $8,910,000
      7%
      $8,275,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $11,845,000
      Current use
      MEDICAL BUILDING
      $11,195,000
      Change: -5% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $10,505,000
      Change: -11% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandy Springs
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3803
    Latitude
    33.9377
    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
    $246,140
    $6,755,400
    $1,964,920
    $8,720,320
    -
    $16,888,500
    $4,912,300
    $21,800,800

    Comparable in this City

    • Value Estimation by Request
      69,296 SF

      5975 Roswell Rd

      Lifestyle centers • 69,296 SF
      5975 Roswell Rd, Sandy Springs, GA 30328
      View Details
    • Value Estimation
      $8,970,000
      61,816 SF

      6358 Roswell Rd

      SHOPPING CENTER, STRIP CENTER • 61,816 SF
      6358 Roswell Rd, Sandy Springs, GA 30328-3210
      View Details
    • Value Estimation
      $2,445,000
      11,375 SF

      1100 Hammond Dr

      SHOPPING CENTER, STRIP CENTER • 11,375 SF
      1100 Hammond Dr, Sandy Springs, GA 30328-8198
      View Details
    • Value Estimation by Request
      9,549 SF

      6024-6038 Roswell Rd

      Neighborhood centers • 9,549 SF
      6024-6038 Roswell Rd, Atlanta, GA 30328
      View Details
    • Value Estimation
      $840,000
      5,600 SF

      6136 Roswell Rd

      SHOPPING CENTER, STRIP CENTER • 5,600 SF
      6136 Roswell Rd, Sandy Springs, GA 30328-3904
      View Details
    • Value Estimation by Request
      112,607 SF

      6277 Roswell Rd

      Neighborhood centers • 112,607 SF
      6277 Roswell Rd, Sandy Springs, GA 30328
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.25 Acres

      Prime Sandy Springs Industrial Land

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    • $665,000
      1,890 SF

      Luxurious Townhome in Aria North

      Stylish, comfortable, and convenient townhome in a vibrant, walkable neighborhood.
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      Specialty Property For Sale

      Specialty property available for purchase in Sandy Springs, Georgia.
      6450 Roswell Rd, Sandy Springs, GA 30328
      View Details
    • $1,599,999
      2.58 Acres

      Prime Land in Sandy Springs

      2.5+ acre lot in prestigious neighborhood, ideal for custom estate.
      700 Heards Fry Rd, Atlanta, GA 30328
      View Details
    • $1,599,999
      2.58 Acres

      Prime Residential Lot in Atlanta

      Exceptional 2.5+ acre lot in Sandy Springs' elite neighborhood.
      700 Heards Fry Rd, Atlanta, GA 30328
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    • $1,599,999
      2.58 Acres

      Prime Land in Sandy Springs

      2.5+ acre lot in prestigious Atlanta neighborhood.
      700 Heards Fry Rd, Atlanta, GA 30328
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      69,296 SF

      Hammond Springs Retail Center

      Sandy Springs Shopping Center - High Traffic
      5975 Roswell Rd, Sandy Springs, GA 30328
      View Details
    • Contact for pricing

      Prime Retail Space Near Perimeter

      Retail space in high-traffic Perimeter location near offices and transit.
      1181 Hammond Dr, Atlanta, GA 30328
      View Details
    • Contact for pricing

      Roswell Road Retail Space

      Retail and restaurant spaces in Sandy Springs City Center District.
      6125 Roswell Rd, Atlanta, GA 30328
      View Details
    • Contact for pricing
      112,607 SF

      Sandy Springs Plaza Retail Space

      Prime Sandy Springs retail opportunity.
      6277 Roswell Rd, Sandy Springs, GA 30328
      View Details
    • Contact for pricing

      Sandy Springs Retail Land Opportunity

      Prime 0.55-acre lot, build-to-suit potential.
      234 Hilderbrand Dr, Atlanta, GA 30328
      View Details
    • $44 SF/Yr
      1,428 SF

      Sandy Springs Retail Condo

      Prime Retail Space, 1428 sq ft
      901 Abernathy Rd, Sandy Springs, GA 30328
      View Details
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    Sandy Springs, GA 30328-3161
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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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