Add Listing
    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

    3550 Cheatham Road NW Acworth, GA 30101

    View on Map
    Claim this Listing
    For Sale
    $167,000

    LAND - Acworth, GA

    Type:Single Family Residence
    Lot size:
    1.14 Acres
    Added:
    Mar 18, 2026
    Days on Market:
    33
    Last Refresh:
    Apr 19 at 8:06 pm

    Property Features for 3550 Cheatham Road NW

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    R30
    Vegetation
    Partially Wooded
    Standard status
    Active
    APN
    20011300100
    Lot size
    1.14 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1359

    Utilities

    Utilities
    Cable Available

    We can help!

    Listing Contact
    Burnie King
    Burnie King

    Listing agent Burnie King License #174723

    Listing office Keller Williams Realty Signature Partners 3375 Dallas Highway Suite 100, Marietta, GA

    Listing date Mar 18, 2026

    MLS# 7736993 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.

    Overview

    Acworth Homesite with Utilities

    This 1.14-acre homesite is located in a sought-after area of Cobb County. The property offers an opportunity to design and build a home in a prime location. Electricity, county water (meter in place), and natural gas are available. The original home has been removed, leaving behind a detached blue garage. The property is located minutes from Allatoona High School, downtown Acworth, and Lake Allatoona, with access to I-75. Caution is advised, as the detached garage is not structurally sound. This lot is located in Acworth, Georgia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Building Supply Auto Repair Shop Big Box & Wholesale Store Accounting Firm Kitchen & Bath Showroom Daycare Center HVAC Service Electronics & Wireless Store Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Acworth
    County
    Cherokee
    State
    Georgia
    Longitude
    -84.727725
    Latitude
    34.041595

    Nearby Similar for Sale

    • $399,999

      Versatile Downtown Acworth Multi-Family Property

      Unique property with two units, ideal for living or investment.
      6071 N Main Street SE, Acworth, GA 30101
      View Details
    • $399,999

      Versatile Downtown Acworth Multifamily Property

      Unique property with two units, ideal for living or investment.
      6071 N Main Street SE, Acworth, GA 30101
      View Details
    • $690,000

      Acworth Land For Sale

      Two parcels totaling 3.84 acres in Acworth, Georgia.
      2520 Baker Road NW, Acworth, GA 30101
      View Details
    • $3,490,000

      Acworth Land on Highway 92

      8.4 acres with road frontage suitable for development.
      Hwy 92, Acworth, GA 30102
      View Details
    • $3,490,000

      Acworth Land on Highway 92

      8.4 acres with 1,100 feet of road frontage.
      Hwy 92, Acworth, GA 30102
      View Details
    • $1,900,000
      6,250 SF

      Acworth Commercial Property with Drive-Thru

      Versatile commercial building with drive-thru in growing Woodstock area.
      6835 Victory Drive, Acworth, GA 30102
      View Details
    • $300,000

      Downtown Acworth Live-Work Opportunity

      Unique mixed-use property in downtown Acworth near Lake Allatoona.
      5361 N Main Street, Acworth, GA 30101
      View Details
    • $300,000

      Downtown Acworth Live-Work Opportunity

      Unique mixed-use property in downtown Acworth near Lake Allatoona.
      5361 N Main Street, Acworth, GA 30101
      View Details
    • $300,000
      654 SF

      Downtown Acworth Live-Work Opportunity

      Unique mixed-use property in downtown Acworth near Lake Allatoona.
      5361 N Main Street, Acworth, GA 30101
      View Details
    • $690,000

      Acworth Land For Sale

      Two parcels totaling 3.84 acres in Acworth, Georgia.
      2520 Baker Road NW, Acworth, GA 30101
      View Details
    • $350,000

      Acworth Land: Custom Home Site

      3.2-acre lot in Acworth, perfect for a custom home.
      4800 Orr Road NW, Acworth, GA 30101
      View Details
    • $350,000

      Acworth Land Ideal Home Site

      3.2-acre lot perfect for custom home in Acworth, GA.
      4800 Orr RD NW, Acworth, GA 30101
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.14-acre homesite in prime location with utilities available.
    Where is this residential land & home lot located?
    The property is located at 3550 Cheatham Road NW Acworth, GA.
    What is the asking price?
    The asking price for this property is $167,000.
    What are key features of this property?
    This property features: Prime 1.14‑acre building lot in a highly sought‑after Cobb County location.; Utilities already available: electricity, county water (meter in place), and natural gas.; Conveniently located minutes from Allatoona High School, downtown Acworth, and Lake Allatoona.
    (678) 631-1700
    We can help!
    Listing Contact
    Burnie King
    Burnie King
    Real Estate License ID: 174723
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!