Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    700 Chastain Cor Rd Marietta, GA 30066

    • Land
    • 10.19 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 700 Chastain Cor Rd

    Lot size
    10.19 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 10.19-acre agricultural property, located at 700 Chastain Corner Rd, Marietta, GA 30066, presents a unique investment opportunity. Situated on the corner of Chastain Corner Rd and New Chastain Rd, this sizable parcel boasts unparalleled visibility and convenient access to I-575 via Exit 3. Its substantial size makes it one of the largest vacant residential sites within a four-mile radius. The property's strategic location offers easy access to several thriving communities including Milton, Alpharetta, Sandy Springs, and Dunwoody, providing access to a wealth of amenities such as restaurants and shopping centers. The area also demonstrates a strong demographic profile. All necessary utilities are either located on-site or readily available nearby. This is a rare chance to acquire a significant land holding in a high-demand area, offering considerable potential for future development. The asking price for this remarkable property is $3,500,000. Don't miss this opportunity to secure this prime piece of Cobb County real estate.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5308
    Latitude
    34.0355

    Comparable in this City

    • Value Estimation by Request
      9,786 SF

      Big Shanty Rd & Hidden Frst

      Land • 9,786 SF
      0 Big Shanty Rd & Hidden Frst, Marietta, GA 30066
      View Details
    • Value Estimation by Request
      1.00 Acre

      3090 Trickum Rd

      Land • 1.00 Acre
      3090 Trickum Rd, Marietta, GA 30066
      View Details
    • Value Estimation by Request
      1.00 Acre

      Piedmont Rd

      Land • 1.00 Acre
      0 Piedmont Rd, Marietta, GA 30066
      View Details
    • Value Estimation by Request
      1,068 SF

      2440 Sandy Pln Rd Bldg 28

      Land • 1,068 SF
      2440 Sandy Pln Rd Bldg 28, Marietta, GA 30066
      View Details
    • Value Estimation by Request
      1.00 Acre

      Sandy Plains Rd

      Land • 1.00 Acre
      0 Sandy Plains Rd, Marietta, GA 30066
      View Details
    • Value Estimation by Request
      1.38 Acres

      4340 Canton Rd

      Commercial land • 60,113 SF
      4340 Canton Rd, Kennesaw, GA 30066
      View Details

    Similar Nearby for Sale

    • $975,000
      1.00 Acre

      Marietta, GA Acre Pad Site

      Prime 1-acre commercial lot, ready to build.
      0 Piedmont Rd, Marietta, GA 30066
      View Details
    • $500,000
      1.00 Acre

      Canton Road Commercial Land Assemblage

      One-acre Marietta, GA commercial lot. High traffic, great visibility.
      4500 Canton Rd, Marietta, GA 30066
      View Details
    • $425,000
      0.46 Acres

      Marietta Commercial Opportunity on Canton

      Double lot with commercial potential and residential opportunity.
      3674 Canton Rd, Marietta, GA 30066
      View Details
    • $3,000,000
      8.07 Acres

      East Cobb Assemblage Opportunity

      Rare 8.067 acre assemblage in prime East Cobb location.
      721 Ruby St, Marietta, GA 30066
      View Details
    • $41,999
      0.50 Acres

      Marietta Land with Creek

      Vacant lot in a peaceful neighborhood with a tranquil creek.
      2047 Kingswood Dr, Marietta, GA 30066
      View Details
    • $40,999
      0.46 Acres

      Residential Land in Marietta, GA

      Vacant lot in a peaceful neighborhood with creek access.
      2037 Kingswood Dr, Marietta, GA 30066
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      16,110 SF

      High-Visibility Retail/Office Space Available

      Freestanding building with ample parking and excellent location.
      2568 Canton Rd, Marietta, GA 30066
      View Details
    • $18 SF/Yr
      6,000 SF

      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
      View Details
    • Contact for pricing
      326,683 SF

      Marietta Retail Center - Prime Location

      High-traffic retail space, multiple units available.
      50 Barrett Pkwy, Marietta, GA 30066
      View Details
    • Contact for pricing
      2,429 SF

      Former Restaurant Space For Lease

      Restaurant space available for lease with curb cuts on Canton Road.
      2929 Canton Rd, Marietta, GA 30066
      View Details
    • Contact for pricing

      Retail Center Near Walmart

      Retail spaces available near I-575 and Walmart.
      2465-2505 Chastain Meadows Pkwy, Marietta, GA 30066
      View Details
    • $1,650 /Mo
      1,256 SF

      End Unit Townhome For Rent

      Two-bedroom, two-and-a-half-bathroom townhome with enclosed patio.
      2928 Governors Ct, Marietta, GA 30066
      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.
    700 Chastain Cor Rd
    Marietta, GA 30066
    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.