Senior Housing Residence with Ensuite
For Sale
$875,000
3605 Shallowford Road, Marietta, GA 30062
Commercial Sale, Marietta, GA
Property Size2,446 SF
Lot Size0.80 Acres
Price / SF$357.73
Days on Market11
Property Features for 3605 Shallowford Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
7
Parking features
Parking Lot
Security features
Security
Fencing
Chain Link
Accessibility
Accessible Approach with Ramp
Lot features
Level
Directions
GPS Friendly.
Standard status
Active
APN
16039100130
Size
2,446 SF
Lot size
0.80 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5580
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Forced Air, Natural Gas, Central
Water source
Public
Building Details
Year built
1958
Flooring type
Hardwood, Carpet
Building materials
Brick
Listing Agency:
eXp Realty
(888) 959-9461
Listed By:
Kia Harris
(678) 667-2776
Added: Sep 26
Changed: Oct 5
Last Checked: Oct 6 at 6:06PM
MLS# 10867070
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,446-square-foot senior housing residence occupies a 0.8-acre corner parcel and includes an en-suite bathroom in every bedroom. The building dates to 1958 and has brick construction, hardwood flooring in the main living areas, and carpeted bedrooms. Improvements include a renovated kitchen with stainless-steel appliances and updated cabinetry, plus two new medical-grade HVAC systems. A ramp provides an accessible approach, and the site has a parking lot and landscaped grounds with a flat backyard.
The property is on Shallowford Road in Marietta, in the Lassiter High School district. Its zoning is residential; any business use, licensing, or occupancy would be subject to applicable approvals and requirements. Water is public, sewer is septic, and cable is available.
The property is on Shallowford Road in Marietta, in the Lassiter High School district. Its zoning is residential; any business use, licensing, or occupancy would be subject to applicable approvals and requirements. Water is public, sewer is septic, and cable is available.
Key Highlights
- 0.8‑acre corner parcel with a 2,446‑square‑foot building
- En‑suite bathroom in every bedroom; formerly operated as a senior home for more than 15 years
- Two new medical‑grade HVAC systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,860
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,200
$657.2K
Cap Rate 7%
$469,429
$469.4K
Cap Rate 9%
$365,111
$365.1K
Market Conditions
NOI Build-Up for 2,446 SF
Gross rent
$63.7K $26.04/SF
− Vacancy
−$3.9K −$1.61/SF
EGI
$59.7K $24.43/SF
− OpEx
−$26.9K −$10.99/SF
NOI
$32.9K $13.43/SF
Area
Cobb County, GA
Vacancy
6.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,200
Cap Rate 7%
$469,429
Cap Rate 9%
$365,111
Alternative Uses
Best Use
Apartment 5plus
$469.4K
$410.8K – $547.7K
NOI $32,860 @ 7.0% cap · market cap 3.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$686.8K
$601.0K – $801.3K
NOI $48,079 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30062, GA
66,889
Population
24,178
Households
2.8
Avg Household Size
41
Median Age
60%
College-Educated
96%
High-School Grad
25.9 sq mi
ZIP Area
2,583
Density / Sq Mi
$128,981
Median Household Income
$61,882
Median Earnings
$1,761
Median Rent
$456,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Senior housing / Retirement Home - A renovated kitchen, hardwood main areas, and two medical-grade HVAC systems complement the bedroom layout.
Where is this senior housing / retirement home located?
The property is located at 3605 Shallowford Road Marietta, GA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 0.8‑acre corner parcel with a 2,446‑square‑foot building; En‑suite bathroom in every bedroom; formerly operated as a senior home for more than 15 years; Two new medical‑grade HVAC systems
