Versatile Commercial Compound Near
For Sale
Contact for pricing
Pending
633 Lawrence St NE, Marietta, GA 30060
Three-building commercial compound near Marietta Square with flexible use options.
Property Size4,556 SF
Days on Market229
Property Features for 633 Lawrence St NE
General Information
Standard status
Pending
Size
4,556 SF
Class
C
Property subtype
Retail, Office, Industrial
Zoning
CRC
Investment Type
Owner/User
Building Details
Year Built
1964
Listing Agency:
Keller Williams Realty Consultants
Listed By:
Sarah Byrd · License #GA405663
(404) 324-1344
Source:
Crexi
Added: Feb 19
Changed: Sep 29
Last Checked: Oct 5 at 5:27PM
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 Keller Williams Realty Consultants
Investment Insights
Based on property information with market context.
This commercial compound features three buildings near Marietta Square in downtown Marietta. The property includes a 1,650 square foot primary building, a 1,267 square foot secondary building, and a 1,408 square foot storage/shop structure. The storage/shop building includes a roll-up door and high ceilings. Zoned Commercial, the site offers functionality for various uses, such as a contractor headquarters, creative office, automotive specialty user, or small distribution operation. It also presents value-add potential for an owner-user investor. Recent improvements include a new roof and freshly painted outbuildings. Floor plans are available for all three buildings. The total property size is 4,556 square feet.
Key Highlights
- Versatile three‑building commercial compound near Marietta Square.
- Flexible Commercial zoning allows for diverse business operations.
- Includes a 1,650 SF primary building, a 1,267 SF secondary building, and a 1,408 SF storage/shop structure.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,010
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,220,200
$1.2M
Cap Rate 7%
$871,571
$871.6K
Cap Rate 9%
$677,889
$677.9K
Market Conditions
NOI Build-Up for 4,556 SF
Gross rent
$108.8K $23.87/SF
− Vacancy
−$27.4K −$6.02/SF
EGI
$81.3K $17.85/SF
− OpEx
−$20.3K −$4.46/SF
NOI
$61.0K $13.39/SF
Area
Cobb County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,220,200
Cap Rate 7%
$871,571
Cap Rate 9%
$677,889
Alternative Uses
Best Use
Retail
$915.5K
$801.0K – $1.07M
NOI $64,082 @ 7.0% cap · market cap 9.49%
Second Best
Office B
$871.6K
$762.6K – $1.02M
NOI $61,010 @ 7.0% cap · market cap 9.04%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,553 @ 7.0% cap · market cap 13.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,317
Businesses Nearby
Explore this area
Business Placement
Demographics for 30060, GA
39,890
Population
15,036
Households
2.7
Avg Household Size
32
Median Age
29%
College-Educated
79%
High-School Grad
15.5 sq mi
ZIP Area
2,574
Density / Sq Mi
$62,180
Median Household Income
$34,537
Median Earnings
$1,344
Median Rent
$282,200
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - Three-building commercial compound near Marietta Square with flexible use options.
Where is this retail property located?
The property is located at 633 Lawrence St NE Marietta, GA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Versatile three‑building commercial compound near Marietta Square.; Flexible Commercial zoning allows for diverse business operations.; Includes a 1,650 SF primary building, a 1,267 SF secondary building, and a 1,408 SF storage/shop structure.
