Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    894 Canton Rd Marietta, GA 30060
    Back to Search
    Property profile & analytics

    894 Canton Rd Marietta, GA 30060

    View on Map
    • Land
    • 1.81 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 894 Canton Rd

    Lot size
    1.81 lot acres
    Property type
    Land

    Description

    This exceptional 1.81-acre commercial land parcel presents a unique investment opportunity in the thriving city of Marietta, Georgia. Located at 894 Canton Road, this property boasts a highly desirable commercial zoning designation, making it ideal for a wide range of commercial developments. The lot is situated on a corner lot at the intersection of Canton Road and Industrial Park Drive, offering excellent visibility and accessibility. Its strategic location places it in close proximity to the Kennestone Hospital Medical Complex, ensuring high traffic volume and a strong potential customer base. The property's size and zoning make it suitable for various commercial ventures. Furthermore, an adjacent parcel of approximately 2.10 acres is also available for purchase, presenting an opportunity to acquire a significantly larger contiguous land holding. This prime location in Cobb County, Georgia, with its 30060 zip code, offers unparalleled potential for investors seeking a high-return commercial real estate investment. The asking price for this exceptional property is $1,000,000. Don't miss this chance to secure a valuable asset in a rapidly growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5484
    Latitude
    33.9742

    Comparable in this City

    • Value Estimation by Request
      0.61 Acres

      565 Cobb Pkwy

      Land • 0.61 Acres
      565 Cobb Pkwy, Marietta, GA 30060
      View Details
    • Value Estimation by Request
      2.45 Acres

      862 Kennesaw Ave

      Land • 2.45 Acres
      862 Kennesaw Ave, Marietta, GA 30060
      View Details
    • Value Estimation by Request
      2,700 SF

      45 South Ave

      Land • 2,700 SF
      45 South Ave, Marietta, GA 30060
      View Details
    • Value Estimation by Request
      2.80 Acres

      1394 Asberry Dr

      Land • 2.80 Acres
      1394 Asberry Dr, Marietta, GA 30060
      View Details
    • Value Estimation by Request
      2.45 Acres

      862 Kennesaw Ave

      Office properties & Spaces • 2.45 Acres
      862 Kennesaw Ave, Marietta, GA 30060
      View Details
    • Value Estimation by Request
      0.21 Acres

      Glover St

      COMMERCIAL (GENERAL) • 0.21 Acres
      Glover St, Marietta, GA 30060
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Marietta Retail/Restaurant Opportunity with Drive-Thru

      0.610 acre lot ready for retail or restaurant development.
      565 Cobb Pkwy SE, Marietta, GA 30060
      View Details
    • New
      $250,000
      0.34 Acres

      Land Near Marietta Square

      Commercial land available near Marietta Square in Georgia.
      379 Washington Ave NE, Marietta, GA 30060
      View Details
    • New
      $130,000
      0.09 Acres

      Residential Lot in Cobb County

      Vacant residential lot for investment or future development.
      1695 Aircraft Dr S, Marietta, GA 30060
      View Details
    • $378,000
      1,156 SF

      Marietta Mixed-Use Commercial Property

      Prime Marietta location, flexible zoning, high potential.
      346 Martin Ct, Marietta, GA 30060
      View Details
    • $99,000
      0.92 Acres

      Marietta Land Near Historic Square

      Nearly one-acre lot in Marietta City, build your dream home.
      600 Creek Water Trl, Marietta, GA 30060
      View Details
    • New
      $130,000
      0.09 Acres

      Residential Lot in Cobb County

      Vacant lot near roadways, employment, and commercial areas.
      1695 Aircraft Dr S, Marietta, GA 30060
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Medical Office Space For Rent

      Medical office space near Wellstar Kennestone Regional Medical Center.
      709 Canton Rd, Marietta, GA 30060
      View Details
    • $27,500

      Industrial Property with Dock Doors

      Industrial property featuring dock doors and outside storage.
      2042 Airport Ct, Marietta, GA 30060
      View Details
    • Contact for pricing
      81,120 SF

      Medical Office Building Near Hospital

      Class A medical office building near WellStar Kennestone Hospital.
      780 Canton Rd NE, Marietta, GA 30060
      View Details
    • $3,500 /Mo
      11,238 SF

      Marietta Commercial Property For Rent

      Dual-purpose commercial property with office and warehouse spaces available.
      99 Merritt St SE, Marietta, GA 30060
      View Details
    • Contact for pricing
      63,000 SF

      Medical Office Space Near Hospital

      Medical office space available across from Wellstar Kennestone Hospital.
      833 Campbell Hill St, Marietta, GA 30060
      View Details
    • Contact for pricing

      Retail Space Near Kennesaw State

      Retail space near Kennesaw State University and I-75.
      562 Wylie Rd SE, Marietta, GA 30060
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    894 Canton Rd
    Marietta, GA 30060
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    894 Canton Rd, Marietta, GA, 30060
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!