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

    115 Davis Cir SW Marietta, GA 30008

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Fully leased industrial flex space ideal for food production.

    Property size:
    24,155 SF
    Lot size:
    1.88 Acres

    Property Features for 115 Davis Cir SW

    General Information

    Standard status
    Active
    Size
    24,155 SF
    Lot size
    1.88 Acres

    Building Details

    Year built
    1986

    We can help!

    Listing Contact
    Andrew Ziffer
    Source: Crexi

    Listing Agency: Marathon Property Group, LLC Listing Agent: Andrew Ziffer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Marietta Industrial Flex Space

    The property at 115 Davis Circle SW, Marietta, GA 30008, consists of 24,155 square feet of industrial flex space situated on 1.88 acres. The property is fully leased to Farm Hounds, a manufacturer of premium natural pet treats with national reach. The space includes a mix of office, warehouse, cold storage, and food-grade production areas. The property features dock-high access and coolers, making it suitable for food production and logistics. Recent capital improvements totaling $200,000 have been made, including upgraded amenities geared towards food processing. The anchor tenant, Farm Hounds, has committed to a 7-year lease extension, securing their presence until 2032. The location provides access to I-75, CSX rail, and major employment centers in Cobb County.
    Location Intelligence

    Current Use by Public Records

    Finding Flavor Catering Service Pasta Glory Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    Finding Flavor, Halal VIP 5 Star Catering Pizza, Salads, Subs, Calazones, and wings

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5541369
    Latitude
    33.933975

    Nearby Similar for Sale

    • $825,000
      4,200 SF

      Freestanding Building in High-Traffic Area

      Freestanding 4,200 SF building in Marietta, GA for sale.
      2554 Austell Rd SW, Marietta, GA 30008
      View Details
    • New
      $499,900
      3,040 SF

      Downtown Marietta Commercial Flex Building

      Versatile 3,040 SF commercial building in downtown Marietta, GA.
      52 Austin Ave, Marietta, GA 30060
      View Details
    • Contact for pricing
      7,680 SF

      Office Suite in Williamscraft Office Park

      Professional office suite with flexible layout and convenient location.
      2621 Sandy Plains Rd, Marietta, GA 30066
      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
    • $2,350,000
      10,000 SF

      High-Visibility Retail Building in Marietta

      Retail building on Shallowford Road, ideal for various commercial uses.
      3980 Shallowford Rd, Marietta, GA 30062
      View Details
    • New
      $587,000
      4,696 SF

      Three-Level Office Building in Marietta

      Versatile office space in prime Sandy Plains Executive Center.
      2440 Sandy Pln Rd Unit, Marietta, GA 30066
      View Details
    • $300,000
      Pending

      Charming Brick Office Space

      Four-sided brick office space in high-traffic area on Windy Hill.
      446 Windy Hill Rd SE, Marietta, GA 30060
      View Details
    • New
      $587,000
      4,696 SF

      Three-Level Office Building For Sale

      Versatile office building in prime location with flexible layout.
      2440 Sandy Pln Rd Unit, Marietta, GA 30066
      View Details
    • $300,000
      Pending

      Charming Brick Office Space

      Four-sided brick office space in high-traffic area.
      446 Windy Hill Rd SE, Marietta, GA 30060
      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
    • Contact for pricing
      665 SF

      Professional Office Suite in Marietta

      Move-in ready office suite with flexible layout and excellent location.
      2621 Sandy Plains Rd, Marietta, GA 30066
      View Details
    • Contact for pricing
      7,680 SF

      Renovated Office Suites in Marietta

      Well-maintained office suites with flexible layouts, suitable for various businesses.
      2621 Sandy Plains Rd, Marietta, GA 30066
      View Details

    FAQs

    What type of property is this?
    Flex space - Fully leased industrial flex space ideal for food production.
    Where is this flex space located?
    The property is located at 115 Davis Cir SW Marietta, GA.
    What are key features of this property?
    This property features: - Fully leased to Farm Hounds, a premium natural pet treat manufacturer with national reach; - Farm Hounds committed to a 7-year lease extension, solidifying their presence until 2032; - Strategic location with easy access to I-75, CSX rail, and major employment centers in Cobb County
    Request Owner's contact information
    115 Davis Cir SW 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.
    115 Davis Cir SW
    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
    115 Davis Cir SW 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
    Andrew Ziffer
    Real Estate License ID: 168762
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!