Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3362 Acworth Summit Blvd Acworth, GA 30101

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3362 Acworth Summit Blvd Acworth, GA 30101

    View on Map
    • Retail properties & Spaces
    • 2.19 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Georgia Fitness Acworth / Gym & Fitness Center
    • BodyByTurk / Gym & Fitness Center
    • PROGRAM 27 / Medical Clinic
    • Energy Medical Group / Weight Loss Service
    • Dr. Mark Lipschitz / Alternative Medicine Practice

    Property Details for 3362 Acworth Summit Blvd

    Year built
    2008
    Lot size
    2.19 lot acres
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail property, located at 3362 Acworth Summit Boulevard NW in Acworth, Georgia (zip code 30101), presents a compelling investment opportunity. The free-standing building, constructed in 2008, boasts a substantial 20,460 square feet of space situated on a 2.187-acre lot. Currently occupied by a well-established gym operating under a 10-year triple net lease, the property offers a strong 6.90% cap rate and an attractive asking price of $3,300,000. The building features ample parking with 110 standard spaces, catering to the needs of the current tenant and future occupants. The interior layout includes several offices, a reception area, and extensive amenities such as men's and women's locker rooms complete with commodes, vanities, lockers, and saunas. Additional space is dedicated to large rooms used for classes and childcare. The property is zoned C2, providing flexibility for future uses. The seller is open to including the existing business in the sale. This presents a unique chance to acquire a turnkey operation with a proven track record of success spanning 25 years. The property's prime Acworth location and strong tenant occupancy make it an ideal investment for those seeking stable, high-yield returns.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Acworth
    County
    Cobb - GA
    State
    Georgia
    Longitude
    -84.6773
    Latitude
    34.0373

    Comparable in this City

    • Value Estimation by Request
      101,597 SF

      3330 Cobb Pkwy

      Retail properties & Spaces • 101,597 SF
      3330 Cobb Pkwy, Acworth, GA 30101
      View Details
    • Value Estimation by Request
      3.40 Acres

      3721 Mars Hill Rd

      Retail properties & Spaces • 1,674 SF
      3721 Mars Hill Rd, Acworth, GA 30101
      View Details
    • Value Estimation by Request
      160,000 SF

      3721 Mars Hill Rd

      Day care centers • 160,000 SF
      3721 Mars Hill Rd, Acworth, GA 30101
      View Details
    • Value Estimation by Request
      15,225 SF

      3732-3734 Cedarcrest Rd

      Neighborhood centers • 15,225 SF
      3732-3734 Cedarcrest Rd, Acworth, GA 30101
      View Details
    • Value Estimation by Request
      137,498 SF

      41 Near Mars Hl Rd

      Individual retail properties • 137,498 SF
      41 Near Mars Hl Rd, Acworth, GA 30101
      View Details
    • Value Estimation by Request
      4,760 SF

      4403 Main St

      Automotive properties • 4,760 SF
      4403 Main St, Acworth, GA 30101
      View Details

    Similar Nearby for Sale

    • $2,500,000
      10,201 SF

      Acworth Retail Space For Sale

      10,201 SF retail space on 1.72 acres.
      2320 Baker Rd, Acworth, GA 30101
      View Details
    • $3,300,000
      20,460 SF

      Acworth Investment Opportunity: Gym & Land

      High-yield gym, 20,460 sq ft, 2.19 acres, 10-year lease.
      3362 Acworth Summitt Blvd, Acworth, GA 30101
      View Details
    • Contact for pricing
      1,484 SF

      Former Drive-In Restaurant Opportunity

      Former Sonic drive-in for sale in growing Atlanta area.
      3497 Baker Grove Rd NW, Acworth, GA 30101
      View Details
    • $4,272,700
      8,125 SF

      Acworth Medical Retail Investment Opportunity

      Newer construction, fully occupied medical retail asset in Acworth, GA.
      954 Seven Hills Connector, Acworth, GA 30101
      View Details
    • $625,000

      Automotive Retail Building in Acworth

      Two-tenant automotive retail building in Acworth, GA for sale.
      4648 S Main St, Acworth, GA 30101
      View Details
    • $4,272,700
      8,125 SF

      Medical Retail Asset in Acworth

      Newer construction, 100% occupied medical retail asset for sale.
      954 Seven Hills Connector, Acworth, GA 30101
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Acworth Retail Space For Lease

      Well-maintained retail plaza in Acworth, GA, with high visibility.
      4974 Cowan Rd, Acworth, GA 30101
      View Details
    • Contact for pricing

      Former Massage Therapy Studio Space

      Retail space available in a high-visibility location on Cobb Parkway.
      3451 Cobb Pkwy NW, Acworth, GA 30101
      View Details
    • Contact for pricing

      Retail Space in Acworth Center

      Retail space for lease in Acworth, Georgia shopping center.
      3330 Cobb Pkwy NW, Acworth, GA 30101
      View Details
    • Contact for pricing
      8,024 SF

      Retail Space Near Pep Boys

      Retail space available in Acworth's main retail corridor.
      3638 Cobb Pkwy NW, Acworth, GA 30101
      View Details
    • Contact for pricing

      Kohl's Pad Site For Lease

      Outparcel fronting Cobb Parkway with excellent visibility.
      3354 Cobb Pkwy NW, Acworth, GA 30101
      View Details
    • Contact for pricing

      Retail Space in Acworth Corridor

      Retail space available in Acworth's retail corridor.
      3384 Cobb Pkwy NW, Acworth, GA 30101
      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.
    3362 Acworth Summit Blvd
    Acworth, GA 30101
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!