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    565 Cobb Pkwy Marietta, GA 30060

    Sponsored
    For Sale
    $1,200,000

    0.61-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.61-acre commercial land parcel presents a unique investment opportunity in the thriving Marietta, Georgia market. Located at 565 Cobb Pkwy SE, 30060, this fee-simple property is zoned CRC Community Retail Commercial, offering flexibility for various development projects. The site is ideally situated in Southeast Cobb County, benefiting from its proximity to Interstate 75 and 285, placing it within easy reach of major transportation arteries. Its strategic location across from the Kennesaw State University Technology campus and near other significant landmarks, including the Big Chicken, Franklin Gateway (Atlanta United practice field), Dobbins Air Force Base, and the Battery Atlanta (Atlanta Braves), ensures high visibility and accessibility. The property is also designated as an Opportunity Zone, offering potential tax advantages. Previous site work was completed for a nearby 55+ apartment community, indicating established infrastructure and suitability for development. This parcel is ready for the construction of a free-standing retail or restaurant building, up to 2,400 square feet, with the potential for a drive-thru. The area boasts a vibrant mix of residential, commercial, and recreational amenities, including the Fox Creek Golf Course and easy access to Downtown Marietta's attractions. This prime location offers significant potential for strong returns on investment. The property's APN is 17050600620. The asking price is $1,200,000.

    Property Features for 565 Cobb Pkwy

    General Information

    Property type
    Land
    Lot Size
    26,572 SF

    HighLights

    • 0.61‑acre commercial land parcel in Marietta, GA, at 565 Cobb Pkwy SE, 30060.
    • Fee‑simple ownership with CRC Community Retail Commercial zoning.
    • Excellent location near I‑75 & I‑285, Kennesaw State University Technology campus, and other key landmarks.
    • Opportunity Zone designation with potential tax benefits.
    • Ready for development; suitable for a free‑standing retail or restaurant building (up to 2,400 sq ft) with drive‑thru potential.
    • Asking price: $1,200,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banberry Apartments Apartment Complex

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Building Supply 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
    -84.5135703
    Latitude
    33.9385974

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    FAQs

    What type of property is this?
    Land - 0.61-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 565 Cobb Pkwy Marietta, GA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 0.61-acre commercial land parcel in Marietta, GA, at 565 Cobb Pkwy SE, 30060.; Fee-simple ownership with CRC Community Retail Commercial zoning.; Excellent location near I-75 & I-285, Kennesaw State University Technology campus, and other key landmarks.
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    Marietta, GA 30060
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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
    565 Cobb Pkwy Marietta, GA 30060
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