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    FOR SALE
    Investment properties

    10 Garrison Rd, Marietta, GA 30008

    2,704 SF 2.1 ac lot Built 1960
    Individually Owned 9-yr Hold Absentee Owner Free & Clear
    Property ID
    US22-1717925
    Property summary
    AI-generated overview

    This exceptional 22,740 square foot retail property, located at 10 Garrison in Marietta, Georgia (zip code 30008), presents a compelling investment opportunity. Currently operating at 100% occupancy with a strong net operating income (NOI) of $110,779, and a cap rate of 4.26%, this multi-tenant property boasts a diverse tenant mix including a bank and a restaurant. The asking price is $2,600,000, translating to a price per square foot of $96.75. Situated on a substantial 2.95-acre lot in the desirable Maretta Square area of Cobb County, this property offers significant redevelopment potential. The existing buildings provide immediate cash flow, while the expansive lot size allows for future expansion or assemblage with adjacent properties, further enhancing its long-term value. This is a rare opportunity to acquire a high-performing retail property in a prime Marietta location with significant upside potential. The property is offered on a gross lease basis.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1960
    Total area 2,704 SF
    Lot 2.1 ac (91,476 SF)
    Zoning code CRC
    APN 17021400010
    UPID US22-1717925
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Silver Lodestone Inc Association / Organization
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $550k
    Comparable Approach Comparable
    $867k
    Blend (final) Blend
    $650k
    Owner & transaction history
    B A Stoner · 9 yrs held
    B A Stoner
    since 2017
    3 recorded transactions
    2023
    2017
    1969
    Zoning & alternative use
    CRC · Marietta, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $1.0M +66.0%
    Medical building $655,000 +6.9%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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