Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3604 Memorial Parkway NW Kennesaw, GA 30152

    View on Map
    Claim this Listing
    For Sale
    $164,900

    LAND - Kennesaw, GA

    Lot size:
    1.03 Acres
    Added:
    Nov 21, 2025
    Days on Market:
    145
    Last Refresh:
    Apr 15 at 2:06 am

    Property Features for 3604 Memorial Parkway NW

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R103
    Standard status
    Active
    APN
    20014300140
    Lot size
    1.03 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    964

    We can help!

    Listing Contact
    Valeska Moraes
    Valeska Moraes

    Listing agent Valeska Moraes License #367242

    Listing office EXP Realty, LLC. 1372 Peachtree St NE, Atlanta, GA

    Listing date Nov 21, 2025

    MLS# 7684577 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

    Kennesaw Land Opportunity

    This 1.02-acre lot in Kennesaw, Georgia, presents a unique opportunity to build a dream home. The unimproved land is situated near major highways, shopping, dining, and highly rated schools. A completed survey is available. Preliminary indications suggest the possibility of building up to two homes; all density options must be verified with local authorities. Kennesaw is a thriving and rapidly growing city, known for its vibrant community events and expanding developments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kennesaw
    County
    Cobb
    State
    Georgia
    Longitude
    -84.655544
    Latitude
    34.027154

    Nearby Similar for Sale

    • $948,000
      6,406 SF

      Kennesaw Office Warehouse Condo

      6,406 SF office warehouse condo in Kennesaw, Georgia.
      1690 Roberts Boulevard unit: 110, Kennesaw, GA 30144
      View Details
    • $145,000
      950 SF

      Kennesaw Office Investment Opportunity

      Main-level office space with tenant in place through 2028.
      3440 Blue Springs Road NW #104, Kennesaw, GA 30144
      View Details
    • $145,000
      992 SF

      Kennesaw Office Suite For Sale

      Professional office suite in well-maintained Kennesaw office building.
      3440 Blue Springs Road NW ##103, Kennesaw, GA 30144
      View Details
    • $145,000
      992 SF

      Kennesaw Office Suite For Sale

      Professional office suite in well-maintained building, suitable for investors.
      3440 Blue Springs Road NW ##103, Kennesaw, GA 30144
      View Details
    • $145,000

      Kennesaw Office Investment Opportunity

      Main-level office space with tenant in place through 2028.
      3440 Blue Springs Road NW #104, Kennesaw, GA 30144
      View Details
    • $145,000
      950 SF

      Kennesaw Office Suite For Sale

      Main-level office suite with kitchenette and restroom, leased until 2026.
      3440 Blue Springs Road NW #102, Kennesaw, GA 30144
      View Details
    • $145,000

      Kennesaw Office For Sale

      Main-level office suite with kitchenette and restroom, leased until 2026.
      3440 Blue Springs NW #102, Kennesaw, GA 30144
      View Details
    • $365,000

      Kennesaw Multifamily Investment Opportunity

      Spacious property near Kennesaw State University with strong rental potential.
      1962 Maple Drive NW, Kennesaw, GA 30144
      View Details
    • $600,000

      West Cobb Land Development Opportunity

      Potential 4-lot subdivision in desirable West Cobb location.
      3873 NW Paul Samuel Road NW, Kennesaw, GA 30152
      View Details
    • $995,000

      Kennesaw Land with Creek Frontage

      9-acre land parcel with creek frontage near Marietta, Kennesaw.
      3971 Loring Way NW, Kennesaw, GA 30152
      View Details
    • $65,000

      Residential Lot in Established Neighborhood

      Build your dream home on this Kennesaw residential lot.
      3236 Stonewall Drive NW, Kennesaw, GA 30152
      View Details
    • $175,000

      Residential Land in Kennesaw, GA

      Build your dream home in a desirable West Cobb neighborhood.
      1505 Barksdale Court NW, Kennesaw, GA 30152
      View Details

    FAQs

    What type of property is this?
    Land - 1.02-acre lot near highways, shopping, and top-rated schools.
    Where is this land located?
    The property is located at 3604 Memorial Parkway NW Kennesaw, GA.
    What is the asking price?
    The asking price for this property is $164,900.
    What are key features of this property?
    This property features: 1.02‑acre lot in desirable Kennesaw location.; Close proximity to major highways, shopping, and dining.; Surrounded by highly rated schools.
    (888) 959-9461
    We can help!
    Listing Contact
    Valeska Moraes
    Valeska Moraes
    Real Estate License ID: 367242
    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!