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    2440 Sandy Plains Rd Marietta, GA 30066

    • Office Properties & Spaces
    • 3,204 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Maasen Meghan DVM / Veterinarian
    • First In Information Tech Inc / Software Company
    • Rottschafer Bruce W PHD / Psychologist
    • lindsey schriefer / Psychologist
    • James L. Powell, PhD / Psychologist

    Property Details for 2440 Sandy Plains Rd

    Property size
    3,204 SF
    Property type
    Office Properties & Spaces

    Description

    This exceptional office space, located in the highly desirable Sandy Plains Executive Office Park in East Cobb County, offers unparalleled convenience and accessibility. Situated directly across from Sprayberry High School and near East Piedmont Road, this property boasts a prime location within a well-established business park. The single-story building offers privacy and ease of access, with ample parking available. The currently available space totals 1,068 square feet, but can be expanded to encompass the entire building, totaling 3,204 square feet. This flexible layout is perfect for businesses of various sizes seeking to establish or expand their operations. The suite itself features a welcoming reception/waiting area, four private offices, a bathroom, a small sink, and a spacious break/kitchen area. The building is ADA accessible, ensuring inclusivity and convenience for all occupants. The 0.11-acre lot provides ample space and a quiet setting at the rear of the office park. This is a rare opportunity to secure a well-appointed office space in a thriving East Cobb location. The property is ideal for businesses seeking a professional and efficient workspace with excellent visibility and accessibility. Don't miss this chance to secure your ideal office space in this sought-after location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.4965
    Latitude
    34.0089

    Comparable in this City

    • Value Estimation by Request
      2,668 SF

      2621 Sandy Plains Rd

      Office space • 2,668 SF
      2621 Sandy Plains Rd, Marietta, GA 30066
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    • Value Estimation
      $295,000
      2,000 SF

      4225 Jvl Industrial Park Dr, Unit 5

      CONDOMINIUM OFFICES • 2,000 SF
      4225 Jvl Industrial Park Dr, Marietta, GA 30066-8302
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    • Value Estimation
      $265,000
      1,250 SF

      1785 White Cir Ste, Unit 201

      CONDOMINIUM OFFICES • 1,250 SF
      1785 White Cir Ste, Marietta, GA 30066-5842
      View Details
    • Value Estimation by Request
      411.00 Acres

      2601 Sandy Plains Rd

      Office Properties & Spaces • 411.00 Acres
      2601 Sandy Plains Rd, Marietta, GA 30066
      View Details
    • Value Estimation by Request
      6,125 SF

      2440 Sandy Pln Rd. Bldg

      Medical offices • 6,125 SF
      2440 Sandy Pln Rd. Bldg, Marietta, GA 30066
      View Details
    • Value Estimation
      $900,000
      2,000 SF

      4225 Jvl Industrial Park Dr, Unit 6

      CONDOMINIUM OFFICES • 2,000 SF
      4225 Jvl Industrial Park Dr, Marietta, GA 30066-8302
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $11 SF/Yr
      6,125 SF

      Prime Marietta Office Space

      East Cobb location, 1350 sq ft available
      2440 Sandy Plains Rd, Marietta, GA 30066
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    • $10 SF/Yr
      7,700 SF

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    • $18 SF/Yr
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      East Cobb Ground-Level Office Suite

      1,500 SF office suite in a high-traffic East Cobb location.
      2440 Sandy Plains Rd, Marietta, GA 30066
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    • $12 SF/Yr
      16,110 SF

      High-Visibility Retail/Office Space Available

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      7,096 SF

      Marietta Restaurant Space For Lease

      7,096 SF Former Texas Roadhouse. Prime Location.
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    • $16 SF/Yr
      15,290 SF

      Marietta Flex Space Available

      Flex space with warehouse and office components, excellent highway access.
      1283 Kennestone Cir, Marietta, GA 30066
      View Details
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    Marietta, GA 30066
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    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
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