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Senior Housing Property with En-Suite Baths
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
Zoning R20
Parking 7
Parking features Parking Lot
Security features Security Lighting
Window features Insulated Windows
Interior features Disappearing Attic Stairs, Low Flow Plumbing Fixtures, Double Vanity, High Speed Internet, Walk-In Closet(s)
Fencing Chain Link
Accessibility Accessible Approach with Ramp
Lot features Level, Back Yard, Private
Directions GPS Friendly.
Standard status Active
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 Natural Gas, Forced Air, Central
Cooling system Ceiling Fan(s)
Water source Public

Amenities

professional landscaping
renovated kitchen with stainless-steel appliances
hardwood flooring
carpeted bedrooms
medical-grade HVAC systems

Building Details

Year built 1958
Floors in Building 1
Flooring type Carpet, Tile - Ceramic, Hardwood
Building materials Brick, Brick Front, Cement Siding
Roof type Shingle
Listing Agency: EXP Realty, LLC.
Listed By: Kia Harris
Added: Sep 26 Changed: Oct 5 Last Checked: Oct 6 at 12:06PM
MLS# 7849306

Copyright © 2026 First Multiple Listing Service, Inc. 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 property was built in 1958 and operated as a senior home for more than 15 years. Each bedroom has an en-suite bathroom. The renovated kitchen includes stainless-steel appliances and updated cabinetry; hardwood, carpet, and ceramic tile are used across the interior. The property also has a ramp-accessible approach, a parking lot, and a flat backyard.

The 0.8-acre corner parcel is at 3605 Shallowford Road in Marietta, Georgia, along a heavily traveled roadway. Zoning is R20. Any proposed use remains subject to applicable zoning, permitting, licensing, and occupancy requirements; buyers should confirm requirements with the appropriate authorities.

Key Highlights

  • 2,446‑square‑foot building on 0.8 acres
  • Former senior home operated for more than 15 years; each bedroom has an en‑suite bathroom
  • Renovated kitchen with stainless‑steel appliances and updated cabinetry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,465
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$709,300 $709.3K
Cap Rate 7%
$506,643 $506.6K
Cap Rate 9%
$394,056 $394.1K
Market Conditions
NOI Build-Up for 2,446 SF
Gross rent
$66.0K $27.00/SF
− Vacancy
−$6.9K −$2.84/SF
EGI
$59.1K $24.17/SF
− OpEx
−$23.6K −$9.67/SF
NOI
$35.5K $14.50/SF
Area
Cobb County, GA
Vacancy
10.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$709,300
Cap Rate 7%
$506,643
Cap Rate 9%
$394,056

Alternative Uses

Best Use
Healthcare Medical
$506.6K
$443.3K – $591.1K (±1% cap)
NOI $35,465 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$469.4K
$410.8K – $547.7K (±1% cap)
NOI $32,860 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$686.8K
$601.0K – $801.3K (±1% cap)
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

Assisted living facilities

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Dental Office Spa & Massage Center Building Supply

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

206
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Senior housing / Retirement Home - A former senior-care residence offers private bedroom suites, an updated kitchen, and a corner-lot setting.
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: 2,446‑square‑foot building on 0.8 acres; Former senior home operated for more than 15 years; each bedroom has an en‑suite bathroom; Renovated kitchen with stainless‑steel appliances and updated cabinetry
More about this property
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