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    731 Sandtown Rd Marietta, GA 30008

    For Sale
    $1,950,000

    Prime Marietta retail center, high NOI.

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This 3,000 square foot shopping center, built in 1977, is located at 731 Sandtown Rd SW, Marietta, GA 30008, in Cobb County. Currently configured as multi-tenant salon suites, this property offers significant upside potential for a variety of retail uses. The asking price is $1,950,000, representing a price per square foot of $650. The property boasts a strong net operating income (NOI) of $195,000, yielding a 10% capitalization rate. Its convenient location near Marietta Square provides excellent visibility and accessibility. The property is well-suited for continued operation as a salon suite business or could be easily adapted to accommodate other retail tenants. Essential amenities are in place, making this a turnkey opportunity for investors seeking a passive income stream or owner-operators looking to establish a thriving business. This property presents a compelling investment opportunity in a desirable location with strong potential for future growth and profitability. The property's versatility and prime location make it an attractive investment for both seasoned investors and those new to commercial real estate.

    Property Features for 731 Sandtown Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    3,000 SF

    Building Details

    Year Built
    1977

    HighLights

    • $1,950,000 asking price for a 3,000 square foot shopping center.
    • Located at 731 Sandtown Rd SW, Marietta, GA 30008.
    • Multi‑tenant retail property built in 1977.
    • $650 per square foot price.
    • 10% cap rate with a $195,000 NOI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    West Georgia Surveyors ... Land Surveyor Lola Moran Makeup ... Make-Up Artist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5556471
    Latitude
    33.9347136

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Marietta retail center, high NOI.
    Where is this lifestyle center located?
    The property is located at 731 Sandtown Rd Marietta, GA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: $1,950,000 asking price for a 3,000 square foot shopping center.; Located at 731 Sandtown Rd SW, Marietta, GA 30008.; Multi-tenant retail property built in 1977.
    Request Owner's contact information
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    Marietta, GA 30008
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    Realmo Value Estimation

    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.

    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.

    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
    731 Sandtown Rd Marietta, GA 30008
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