Property profile

1083 Sandy Plains Rd Marietta, GA 30066

OFF-MARKET
Retail properties & Spaces
1,600 SF 0.73 ac lot Built 1950
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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

Current use

Occupant on record · Public records
  • Kennel & Boarding Facility

Location

1083 Sandy Plains Rd Marietta, GA 30066
Marietta metro
Google Maps

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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