Office-Heavy Flex
For Sale
$600,000
201-975 Cobb Place Blvd Nw, Kennesaw, GA 30144
An in-place lease runs through December 31, 2026.
Property Size3,535 SF
Price / SF$169.73
Days on Market9
Property Features for 201-975 Cobb Place Blvd Nw
General Information
Standard status
Active
Size
3,535 SF
Warehouse & Industrial
Warehouse Space
535 SF
Office Build-Out
3,000 SF
Drive-In Doors
1
Additional Details
Tenant in Place
Yes
Property Use
Office Warehouse
Taxes and HOA fees
Annual Taxes
$6,304
Listing Agency:
Virtual Properties Realty.com
(770) 495-5050
Listed By:
James West · License #171007
(770) 597-9877
Source:
Exprealty
Added: Oct 26
Changed: Nov 1
Last Checked: Nov 1 at 7:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Virtual Properties Realty.com
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This end-unit flex condominium totals approximately 3,535 square feet, with about 3,000 square feet devoted to office space and 535 square feet of warehouse area. The office layout includes nine private offices, a conference room, reception area, two bathrooms, and a break room. Windows are present throughout the end unit, and the warehouse has a drive-in door.
A lease is in place through December 31, 2026. Tours are by appointment; the current tenant should not be disturbed.
A lease is in place through December 31, 2026. Tours are by appointment; the current tenant should not be disturbed.
Key Highlights
- 3,535‑square‑foot end‑unit flex condominium
- Approximately 3,000 square feet of office area with nine offices and a conference room
- Reception area, two bathrooms, and a break room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,950
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,000
$519.0K
Cap Rate 7%
$370,714
$370.7K
Cap Rate 9%
$288,333
$288.3K
Market Conditions
NOI Build-Up for 3,535 SF
Gross rent
$33.5K $9.48/SF
− Vacancy
−$3.0K −$0.84/SF
EGI
$30.5K $8.64/SF
− OpEx
−$4.6K −$1.30/SF
NOI
$25.9K $7.34/SF
Area
Cobb County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,000
Cap Rate 7%
$370,714
Cap Rate 9%
$288,333
Alternative Uses
Best Use
Warehouse
$370.7K
$324.4K – $432.5K
NOI $25,950 @ 7.0% cap · market cap 4.32%
Second Best
Industrial
$307.6K
$269.2K – $358.9K
NOI $21,535 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$992.6K
$868.6K – $1.16M
NOI $69,484 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
813
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30144, GA
53,984
Population
22,843
Households
2.4
Avg Household Size
34
Median Age
45%
College-Educated
94%
High-School Grad
22.1 sq mi
ZIP Area
2,443
Density / Sq Mi
$84,628
Median Household Income
$41,693
Median Earnings
$1,745
Median Rent
$310,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- ChefAdvantage — 975 Cobb Pl Blvd NW Ste 305, Kennesaw, GA 30144
Frequently Asked Questions
What type of property is this?
Flex space - An in-place lease runs through December 31, 2026.
Where is this flex space located?
The property is located at 201-975 Cobb Place Blvd Nw Kennesaw, GA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 3,535‑square‑foot end‑unit flex condominium; Approximately 3,000 square feet of office area with nine offices and a conference room; Reception area, two bathrooms, and a break room
