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Property profile & analytics
OFF-MARKET Estimated value $7,775,000
Strip malls

8610 Roswell Rd Sandy Springs, GA 30350-7534

87,867 SF 10.61 ac lot Built 1988
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US22-1500268
Property summary
AI-generated overview

River Springs Center, located at 8610 Roswell Road in Sandy Springs, Georgia, 30350, offers a unique opportunity for retail, restaurant, or office tenants. This 89,000 square foot Class B property, built in 1987 and renovated in 2021, sits on 14 acres of land and features 27 suites, with spaces ranging from a minimum of 1,500 square feet to a maximum contiguous space of 60,000 square feet. The center enjoys a prime location directly across from the Huntcliff Golf Community and a high-volume Publix grocery store, ensuring high visibility and foot traffic. Situated within a busy retail corridor featuring national brands such as Chick-fil-A, Moe's, Dunkin' Donuts, Chipotle, Starbucks, and McDonald's, this property benefits from a strong demographic, boasting over 221,000 residents within a five-mile radius and an average household income exceeding $137,000 within a three-mile radius. Roswell Road, where the property is located, sees over 44,000 vehicles per day, providing excellent accessibility and visibility. The property is classified as a shadow anchor in the Sandy Springs - Roswell Road Retail submarket, specifically within the North Springs (Northern Sandy Springs) area bordering downtown Roswell. No elevators are present in the building.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Total area 87,867 SF
Lot 10.61 ac (462,389 SF)
Zoning code CUP
APN 06 036300010817
UPID US22-1500268
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.78M
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.93M
Blend (final) Blend
$7.78M
Owner & transaction history
River Springs Center LLC · 6 yrs held
River Springs Center LLC
since 2020
Last sale
$7.8M
6 recorded transactions
2020
$7.8M
2017
Price N/A
2017
$290,000
2014
$2.5M
2012
Price N/A
2011
$550,000
Zoning & alternative use
CUP · Sandy Springs, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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