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

    8075 Adair Ln Sandy Springs, GA 30350-3805

    • Garden apartment buildings
    • 49,184 SF
    • 19.86 lot acres
    OFF-MARKET
    Last Sale
    Oct 11, 2024
    $39,000,000
    Value Estimations
    $39,000,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1708138
    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

    • Garden apartment buildings

    Property Details for 8075 Adair Ln

    Year built
    1988
    Construction
    WOOD
    Lot size
    19.86 lot acres
    Property size
    49,184 SF
    Zone code
    AC
    Property type
    Garden apartment buildings
    APN
    17 0030 LL0652
    APU
    170030LL0652

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $39,000,000
      ML approach
      $39,000,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $35,036,000
      Market price range: $2.57M - $126M

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandy Springs
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3628
    Latitude
    33.9756
    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
    $391,777
    $2,704,000
    $11,176,000
    $13,880,000
    -
    $6,760,000
    $27,940,000
    $34,700,000

    Comparable in this City

    • Value Estimation
      $48,970,000
      86,250 SF

      8805 Dunwoody Pl

      GARDEN APT, COURT APT (5+ UNITS) • 86,250 SF
      8805 Dunwoody Pl, Sandy Springs, GA 30350-2905
      View Details
    • Value Estimation
      $36,015,000
      80,920 SF

      445 Morgan Fls Rd

      GARDEN APT, COURT APT (5+ UNITS) • 80,920 SF
      445 Morgan Fls Rd, Sandy Springs, GA 30350
      View Details
    • Value Estimation
      $10,410,000
      8,712 SF

      700 Smt Pl Dr

      GARDEN APT, COURT APT (5+ UNITS) • 8,712 SF
      700 Smt Pl Dr, Sandy Springs, GA 30350-2440
      View Details
    • Value Estimation
      $23,535,000
      20,160 SF

      1000 Spalding Dr

      GARDEN APT, COURT APT (5+ UNITS) • 20,160 SF
      1000 Spalding Dr, Sandy Springs, GA 30350-5011
      View Details
    • Value Estimation
      $36,535,000
      32,652 SF

      9401 Roberts Dr

      GARDEN APT, COURT APT (5+ UNITS) • 32,652 SF
      9401 Roberts Dr, Sandy Springs, GA 30350-1501
      View Details
    • Value Estimation by Request
      98,268 SF

      9200 Roberts Dr

      GARDEN APT, COURT APT (5+ UNITS) • 98,268 SF
      9200 Roberts Dr, Sandy Springs, GA 30350-6320
      View Details

    Similar Nearby for Sale

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      0.45 Acres

      Sandy Springs Multifamily Investment Opportunity

      Stabilized 12-unit building in high-demand Sandy Springs market.
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      Luxury Townhome in Sandy Springs

      Move-in-ready townhome with refinished hardwood floors and private, tree-lined views.
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      Move-in-ready end-unit townhome with modern features and private outdoor space.
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    • Contact for pricing
      65 SF

      Renovated Office Building For Sale

      Recently renovated office building with quick highway access.
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    • Contact for pricing
      128,055 SF

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      Office space sublease with furniture and immediate highway access.
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    • $479,900
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      Land in Thriving Atlanta Location

      Commercial land with high visibility and diverse development potential.
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    Similar Nearby for Lease

    • $2,500 /Mo

      Carroll Manor Duplex Townhome

      Move-in ready duplex with open floor plan and updated kitchen.
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    • $1,875 /Mo

      Remodeled End Unit Near GA400

      Remodeled end unit with hardwood floors, close to GA 400.
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    • $24 SF/Yr
      18,215 SF

      Prime Atlanta Office Space Available

      8,000-18,215 sq ft, Fulton County
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      View Details
    • $21 SF/Yr
      4,000 SF

      Sandy Springs Office Space Available

      Flexible office spaces in a convenient Sandy Springs location.
      8405 Dunwoody Pl, Sandy Springs, GA 30350
      View Details
    • $20 SF/Yr
      45,306 SF

      Hightower Centre II Office Space

      Atlanta Office Building: 1 Space Available
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      View Details
    • $19 SF/Yr
      40,836 SF

      Hightower Centre I Office Space

      Atlanta Office Suites: 1,616 - 4,222 SF Available
      8300 Dunwoody Pl, Atlanta, GA 30350
      View Details
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    8075 Adair Ln
    Sandy Springs, GA 30350-3805
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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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