Freestanding Retail
New
For Sale
$599,000
2289 S Cobb Drive SE, Smyrna, GA 30080
The vacant property carries GC zoning, with prospective uses subject to zoning approval.
Property Size1,969 SF
Lot Size0.34 Acres
Price / SF$307.49
Days on Market4
Property Features for 2289 S Cobb Drive SE
General Information
Standard status
Active
Size
1,969 SF
Lot size
0.34 Acres
Property subtype
Commercial
Zoning
GC
Additional Details
Asking Price
$599,000
Amenities
0.34 acres, City Lot
Public Sewer
Parcel Number: 17034700640, Annual Amount: $4,124, Year: 2025
Central Air
Central
Listing ID: 10873962, Standard Status: Active, MLS Status: New, On market as of 2026-10-16, 3 days on market
Parking Lot, Paved
Built in 1969, Construction Materials: Brick, Concrete
County/Parish: Cobb
Resale
Electricity Available, Sewer Available, Underground Utilities, Water Available, Water Source: Public
Close Of Escrow
Building Details
Building Size
1,969 SF
Year Built
1969
Listing Agency:
Luxelle Brokerage
(404) 726-2025
Listed By:
Keianna Williams · License #307103
(404) 422-7166
Source:
Blackstreaminternational
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 2:20PM
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 Luxelle Brokerage
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding commercial building contains approximately 1,948 square feet on a 0.344-acre parcel. The property is vacant and has GC zoning. Potential uses include professional office, retail, showroom, and service businesses, subject to zoning approval.
The site fronts South Cobb Drive, also designated GA Highway 280, with approximately 147 linear feet of road frontage. I-75 and I-285 are among the regional routes identified as providing connectivity from the Smyrna location.
The site fronts South Cobb Drive, also designated GA Highway 280, with approximately 147 linear feet of road frontage. I-75 and I-285 are among the regional routes identified as providing connectivity from the Smyrna location.
Key Highlights
- Approximately 1,948 square feet on a 0.344‑acre lot
- Approximately 147 linear feet of frontage on South Cobb Drive (GA Highway 280)
- GC zoning; potential commercial uses are subject to zoning approval
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,399
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,980
$548.0K
Cap Rate 7%
$391,414
$391.4K
Cap Rate 9%
$304,433
$304.4K
Market Conditions
NOI Build-Up for 1,948 SF
Gross rent
$42.8K $21.96/SF
− Vacancy
−$3.6K −$1.87/SF
EGI
$39.1K $20.09/SF
− OpEx
−$11.7K −$6.03/SF
NOI
$27.4K $14.07/SF
Area
Cobb County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,980
Cap Rate 7%
$391,414
Cap Rate 9%
$304,433
Alternative Uses
Best Use
Retail
$391.4K
$342.5K – $456.7K
NOI $27,399 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$547.0K
$478.6K – $638.2K
NOI $38,290 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
699
Businesses Nearby
128k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 38%
Electronics 3%
Dollar Tree
Shops & Services
23,034 visits/mo
0.4 miles
Burger King
Dining
13,494 visits/mo
0.4 miles
Bank of America
Shops & Services
11,719 visits/mo
0.3 miles
Wendy's
Dining
10,663 visits/mo
0.1 miles
Wells Fargo
Shops & Services
10,355 visits/mo
0.5 miles
Demographics for 30080, GA
52,125
Population
27,081
Households
1.9
Avg Household Size
35
Median Age
58%
College-Educated
94%
High-School Grad
12.6 sq mi
ZIP Area
4,137
Density / Sq Mi
$87,949
Median Household Income
$59,267
Median Earnings
$1,660
Median Rent
$409,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - The vacant property carries GC zoning, with prospective uses subject to zoning approval.
Where is this storefront property located?
The property is located at 2289 S Cobb Drive SE Smyrna, GA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Approximately 1,948 square feet on a 0.344‑acre lot; Approximately 147 linear feet of frontage on South Cobb Drive (GA Highway 280); GC zoning; potential commercial uses are subject to zoning approval
