Property profile

2674 Sandy Plains Rd Marietta, GA 30066

OFF-MARKET
Retail properties & Spaces
3,611 SF 0.85 ac lot Built 1978
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Property summary

AI-generated overview

This exceptional 3,611 square foot former bank branch presents a compelling investment opportunity in Marietta, Georgia. Situated on a 0.85-acre lot at 2674 Sandy Plains Road, this property enjoys a highly desirable East Cobb location with unparalleled visibility and accessibility. Boasting a spacious interior and a four-lane drive-thru, the building is ideally suited for a variety of uses, benefiting from its strategic placement at a main access point to the upcoming East Cobb Walk development. This mixed-use development will include 102 townhomes, 132 senior apartments, and additional retail and office space, further enhancing the property's value and potential. The site offers 33 parking spaces and benefits from a daily traffic count of 41,000 vehicles on Sandy Plains Road. The strong average household income of $130,000 within a three-mile radius underscores the robust market demand. Zoned Neighborhood Shopping (NS), the property is adaptable to multiple uses. Detailed zoning information can be found at https://library.municode.com/ga/cobb_county/codes/code_of_ordinances?nodeId=PTIOFCOCOCOGE_CH134ZO_ARTIVDIRE_S134-224NSNESHDI. Priced at $2,500,000, this property offers significant redevelopment potential and a strong return on investment.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1978
Total area 3,611 SF
Lot 0.85 ac (37,026 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm

Location

2674 Sandy Plains Rd Marietta, GA 30066
Marietta metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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