Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Property on Pat Mell Title is generated by Realmo AI

    371 Pat Mell Rd, Marietta, GA 30060

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail property available for sale on Pat Mell Road.

    Type:Retail
    Property size:
    49,089 SF
    Added:
    Nov 21, 2025
    Days on Market:
    182
    Last Refresh:
    Apr 5 at 10:45 pm

    Property Features for 371 Pat Mell Rd

    General Information

    Standard status
    Active
    Size
    49,089 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1962

    Properties For Sale

    at 371 Pat Mell Rd Contact us

    We can help!

    Listing Contact
    Tom Garland

    Listing agent Tom Garland

    Listing office

    Listing date Nov 21, 2025

    Source Naiglobal

    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 Tom Garland

    HighLights

    • Tenant responsible for utilities and waste removal.
    • Tenant responsible for CAM, RE Tax, and Insurance ($3.60/SF).
    • Year Built: 1962

    Overview

    This retail property, encompassing 49089 square feet, is available for sale. CAM, real estate taxes, and insurance amount to $3.60 per square foot. Tenants are responsible for setting up and paying for utilities and waste removal.
    Property Profile Location Intelligence

    Current Use by Public Records

    South Cobb Dentistry Dental Office Jimmy's Pat Mell ... Barber Shop Bandido Wing House Restaurant MoneyGram Bank 24/7 Fly Free ... Law Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5433
    Latitude
    33.9025

    Nearby Similar for Sale

    • $995,000
      2,683 SF

      Historic Marietta Office Building For Sale

      2,683 SF multi-tenant office building on Lawyer's Row.
      236 Washington Avenue NE, Marietta, GA 30060
      View Details
    • $849,900
      3,744 SF

      Turnkey Adult Living Facility

      Fully operational, 13-bedroom adult living facility in Marietta, GA.
      340 Lockheed Avenue SE, Marietta, GA 30060
      View Details
    • $400,000
      1,507 SF

      Marietta Mixed-Use Redevelopment Opportunity

      Mixed-use property near Marietta Square suitable for office, retail, live-work.
      717 Washington Avenue NE, Marietta, GA 30060
      View Details
    • $587,000
      4,696 SF

      Three-Level Office Building in Marietta

      Versatile office space in prime Sandy Plains Executive Center.
      2440 Sandy Plains Road, Marietta, GA 30066
      View Details
    • $587,000
      4,696 SF

      Three-Level Office Building For Sale

      Versatile office building in prime location with flexible layout.
      2440 Sandy Plains Road, Marietta, GA 30066
      View Details
    • $499,900
      3,040 SF

      Downtown Marietta Commercial Flex Building

      Versatile 3,040 SF commercial building in downtown Marietta, GA.
      52 Austin Avenue, Marietta, GA 30060
      View Details
    • $800
      7,680 SF

      Office Suite in Williamscraft Office Park

      Professional office suite with flexible layout and convenient location.
      2621 Sandy Plains Road #301, Marietta, GA 30066
      View Details
    • $800

      Professional Office Suite in Marietta

      Move-in ready office suite with flexible layout and excellent location.
      2621 Sandy Plains Road #301, Marietta, GA 30066
      View Details
    • $2,410
      6,272 SF

      Spacious Office Suite Available 2026

      Large upper-level office suite in Marietta, GA. Available June 2026.
      2623 Sandy Plains Road #202, Marietta, GA 30066
      View Details
    • $825,000
      4,200 SF

      Freestanding Building in High-Traffic Area

      Freestanding 4,200 SF building in Marietta, GA for sale.
      2554 AUSTELL Road SW, Marietta, GA 30008
      View Details
    • $2,410

      Marietta Office Suite Available 2026

      Upper-level office suite in Williamscraft Office Park, available June 2026.
      2623 Sandy Plains Road #2623, Marietta, GA 30066
      View Details
    • $649,700
      2,283 SF

      East Cobb Multi-Family Opportunity

      Two updated homes on one lot in East Cobb!
      1716 Nekoma Street, Marietta, GA 30068
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail property available for sale on Pat Mell Road.
    Where is this retail property located?
    The property is located at 371 Pat Mell Rd Marietta, GA.
    What are key features of this property?
    This property features: Tenant responsible for utilities and waste removal.; Tenant responsible for CAM, RE Tax, and Insurance ($3.60/SF).; Year Built: 1962
    (404) 812-4060
    We can help!
    Listing Contact
    Tom Garland
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    371 Pat Mell Rd, Marietta, GA 30060
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!