Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1589 Hammond Woods Cir Marietta, GA 30008

    Sponsored
    For Sale
    $450,000

    LAND - Ranch - Marietta, GA

    Type:Single Family Residence
    Lot size:
    0.87 Acres
    Days on Market:
    28
    Last Refresh:
    Feb 3 at 4:06 pm

    Property Features for 1589 Hammond Woods Cir

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Vegetation
    Partially Wooded
    Zoning
    SFR
    APN
    19033100110
    Patio and Porch features
    Patio
    Lot size
    0.87 Acres

    Utilities

    Utilities
    Cable Available

    Building Details

    Year built
    1956
    Floors in Building
    1
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Wendy Bunch
    Wendy Bunch

    Re/Max Pure (770) 528-9655

    Listing agent Wendy R Bunch

    Listing date Jan 7, 2026

    MLS# 7660477 Listing URL

    Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Marietta Ranch with Land Potential

    Located in Marietta, GA, this property presents an opportunity with its land and existing ranch-style home. The sale includes two parcels, offering space for building homes, creating recreational fields, hosting events, or designing an outdoor retreat. The property is conveniently located within a mile of trails and shops, and minutes from the Marietta Square. At the heart of the property is a 2-bedroom, 2-bath ranch home featuring a welcoming layout. The primary suite includes an ensuite bathroom. Bathrooms feature a jetted tub and a tiled walk-in shower. The kitchen has a design with a wood accent wall and crown molding. The living room provides a cozy atmosphere with a fireplace and wood detailing. A covered porch and storage building add to the property's functionality. The lot size is 0.87 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Pharmacy Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.588523
    Latitude
    33.914328

    Nearby Similar for Sale

    • $550,000
      1,559 SF

      Marietta Mixed-Use Commercial Property

      Mixed-use property in Marietta, GA, suitable for commercial ventures.
      102 Powers Ferry Rd SE, Marietta, GA 30067
      View Details
    • $394,900
      Pending

      Renovated Retail Space in Marietta

      Well-maintained retail space with office rooms and potential uses.
      405 Pat Mell Rd, Marietta, GA 30060
      View Details
    • New
      $229,000
      1,795 SF

      Marietta Office Space For Sale

      Office space in Cumberland area, close to amenities and highways.
      1820 NW Unit, Marietta, GA 30069
      View Details
    • Contact for pricing
      6,027 SF

      Versatile Office Building in Marietta

      Well-maintained office building suitable for various professional and medical uses.
      131 Village Pkwy NE, Marietta, GA 30067
      View Details
    • New
      $300,000
      Pending

      Marietta Duplex: Investment Opportunity

      Duplex in Marietta with income potential near downtown.
      610 Armstrong St SE, Marietta, GA 30060
      View Details
    • $300,000
      Pending

      Marietta Duplex: Investment Opportunity

      Duplex in Marietta with income potential near downtown.
      610 Armstrong St SE, Marietta, GA 30060
      View Details
    • New
      $775,000
      0.70 Acres

      Marietta Executive Retreat in Harrison Oaks

      Brick and stone home in West Cobb's desirable Harrison Oaks.
      355 Glynnwilde Dr NW, Marietta, GA 30064
      View Details
    • $2,350,000
      Pending

      High-Visibility Retail Building in Marietta

      Retail building on Shallowford Road, ideal for various commercial uses.
      3980 Shallowford Rd, Marietta, GA 30062
      View Details
    • $2,350,000
      1.45 Acres

      High-Visibility Retail Building in Marietta

      Retail building on Shallowford Road, ideal for various commercial uses.
      3980 Shallowford Rd, Marietta, GA 30062
      View Details
    • $394,900
      Pending

      Renovated Office/Retail Space in Marietta

      Well-maintained, renovated office/retail space with multiple business opportunities.
      405 Pat Mell Rd SW, Marietta, GA 30060
      View Details
    • $798,990
      1,960 SF

      Historic Mixed-Use Complex Near Square

      Historic mixed-use property near Marietta Square with office and residential potential.
      30 Trammell St SW, Marietta, GA 30064
      View Details
    • $475,000
      996 SF

      Renovated Commercial Property on Powers Ferry

      996 SF commercial property in Marietta, GA, renovated in 2024.
      232 Powers Ferry Rd SE, Marietta, GA 30067
      View Details

    FAQs

    What type of property is this?
    Single family property - Charming ranch on a large lot with endless possibilities.
    Where is this single family property located?
    The property is located at 1589 Hammond Woods Cir Marietta, GA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Large, flat, cleared lot with endless possibilities.; - Includes two parcels of land.; - Prime location: close to trails, shops, and Marietta Square.
    (770) 528-9655
    Request Owner's contact information
    1589 Hammond Woods Cir Marietta, GA 30008
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1589 Hammond Woods Cir
    Marietta, GA 30008
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1589 Hammond Woods Cir Marietta, GA 30008
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Wendy Bunch
    Wendy Bunch
    Real Estate License ID: 178121
    (770) 528-9655
    Learn more
    Google sign-in failed. Please try again or use another login method.