Retail/Office Space For
For Sale
Contact for pricing
848 S Cobb Dr, Marietta, GA 30060
Retail or office space available with favorable zoning and parking.
Property Size1,957 SF
Lot Size0.29 Acres
Price / SF$304.04
Days on Market699
Property Features for 848 S Cobb Dr
General Information
Standard status
Active
Size
1,957 SF
Class
C
Total Parking Spaces
11
Lot size
0.29 Acres
Property subtype
Retail, Office
Zoning
GC - General Commercial
Occupancy
100%
Building Details
Year Built
1948
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
SK Commercial Realty
Listed By:
Chris Little · License #GA 350997
(404) 252-1200
Source:
Crexi
Added: Nov 6, 2024
Changed: Sep 26
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 SK Commercial Realty
Investment Insights
Based on property information with market context.
This 1,957 square foot retail or office space is available for sale. The property is zoned GC and situated on 0.29 acres. It features 11 parking spaces. The location benefits from a traffic count of 38,200 vehicles per day. The property has been home to a successful retail business for 44 years. It is suitable for retail use with showroom needs or can be reconfigured for a professional service office. The favorable zoning allows for most commercial uses.
Key Highlights
- High Traffic Location: 38,200 Vehicles Per Day
- Favorable Zoning (GC): Allows for Most Commercial Uses
- Established Business Location: Successful Operating Retail Business for 44 Years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,526
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,520
$550.5K
Cap Rate 7%
$393,229
$393.2K
Cap Rate 9%
$305,844
$305.8K
Market Conditions
NOI Build-Up for 1,957 SF
Gross rent
$43.0K $21.96/SF
− Vacancy
−$3.7K −$1.87/SF
EGI
$39.3K $20.09/SF
− OpEx
−$11.8K −$6.03/SF
NOI
$27.5K $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%
$550,520
Cap Rate 7%
$393,229
Cap Rate 9%
$305,844
Alternative Uses
Best Use
Retail
$393.2K
$344.1K – $458.8K
NOI $27,526 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$549.5K
$480.8K – $641.1K
NOI $38,467 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
717
Businesses Nearby
86k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
QuikTrip
Shops & Services
30,418 visits/mo
0.5 miles
RaceTrac
Shops & Services
26,808 visits/mo
0.4 miles
BP
Shops & Services
7,314 visits/mo
0.5 miles
Chevron
Shops & Services
4,146 visits/mo
0.1 miles
Family Dollar
Shops & Services
4,136 visits/mo
0.5 miles
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail or office space available with favorable zoning and parking.
Where is this retail space located?
The property is located at 848 S Cobb Dr Marietta, GA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: High Traffic Location: 38,200 Vehicles Per Day; Favorable Zoning (GC): Allows for Most Commercial Uses; Established Business Location: Successful Operating Retail Business for 44 Years
