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    OFF-MARKET
    Retail properties & Spaces

    1083 Sandy Plains Rd, Marietta, GA 30066

    1,600 SF 0.73 ac lot Built 1950
    Property ID
    Property summary
    AI-generated overview

    This established dog daycare and boarding business, located at 1083 Sandy Plains Rd in Marietta, GA 30066, presents a unique investment opportunity. The 1,600 square foot building sits on a 0.73-acre lot, boasting 183 feet of frontage on Sandy Plains Road, a high-traffic area with over 29,000 vehicles daily. Built in 1950 and renovated in 2014, the property features multiple fenced runs and play areas, ample parking, and excellent access. Currently operating at 100% occupancy (as of April 30, 2024), the business generates a Net Operating Income (NOI) of $132,000, with a pro-forma NOI of $165,000 and a pro-forma cap rate of 15%. The asking price is $1,100,000, representing a current cap rate of 12%. The property is zoned CRC by the City of Marietta, offering significant flexibility for a variety of commercial uses, including expansion of the existing business. Its proximity to I-75, Canton Road Connector, and Kennestone Hospital further enhances its appeal. This turnkey operation benefits from a loyal customer base and presents a strong potential for increased retail sales. The large, level lot allows for future redevelopment possibilities. The property's Parcel Number is 16-0779-0-026-0.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1950
    Total area 1,600 SF
    Lot 0.73 ac (31,799 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • A Passion For Pets Playcare Kennel & Boarding Facility
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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