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Commercial Land with Freestanding Building

2291 S Cobb Drive, Smyrna, GA 30080

For Sale
$424,900
Under Contract

Smyrna, GA

Property Size816 SF
Lot Size0.41 Acres
Price / SF$520.71
Days on Market155

Property Features for 2291 S Cobb Drive

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active Under Contract
Size 816 SF
Lot size 0.41 Acres

Building Details

Year built 1953
Listing Agency: Buckhead Office · Berkshire Hathaway HomeServices
Listed By: Chuck MacPhee
Added: Jun 10 Changed: Oct 12 Last Checked: Nov 11 at 1:06PM
MLS# 10782889

Copyright © 2026 Berkshire Hathaway HomeServices Georgia Properties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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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 0.413-acre commercial land offering includes an 816-square-foot freestanding building constructed in 1953. The interior has a reception area, restroom, and two separate rooms suited to office, storage, or other workspace functions. Interior and exterior painting has been completed, and the site includes ample parking.

Located at 2291 S Cobb Drive in Smyrna, the property provides two curb cuts for access. GC zoning supports a range of stated uses, including retail, office, contractor services, animal hospital, auto or truck service, car wash, and specialty retail. The existing building and site layout provide a compact commercial setup for an owner-user, investor, or operating business.

Key Highlights

  • 0.413 acres of GC‑zoned commercial land
  • 816‑square‑foot freestanding building constructed in 1953
  • Two curb cuts provide access from S Cobb Drive

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,468
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,360 $329.4K
Cap Rate 7%
$235,257 $235.3K
Cap Rate 9%
$182,978 $183.0K
Market Conditions
NOI Build-Up for 816 SF
Gross rent
$24.5K $30.00/SF
− Vacancy
−$955 −$1.17/SF
EGI
$23.5K $28.83/SF
− OpEx
−$7.1K −$8.65/SF
NOI
$16.5K $20.18/SF
Area
Cobb County, GA
Vacancy
3.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,360
Cap Rate 7%
$235,257
Cap Rate 9%
$182,978

Alternative Uses

Best Use
Retail
$235.3K
$205.9K – $274.5K (±1% cap)
NOI $16,468 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Skin Care Clinic Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

699
Businesses Nearby
128k
Monthly Visits Nearby

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

Average Price Trend$/SF for Commercial land in Cobb County, GA

$382 Jul
$354 Aug
$358 Sep
$334 Oct

Properties on Market for Commercial land in Cobb County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - GC-zoned commercial site with a painted building, two curb cuts, and flexible interior rooms.
Where is this commercial land located?
The property is located at 2291 S Cobb Drive Smyrna, GA.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: 0.413 acres of GC‑zoned commercial land; 816‑square‑foot freestanding building constructed in 1953; Two curb cuts provide access from S Cobb Drive
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Includes: Price & PSF · Cap rate · Location · Zoning

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