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Property profile & analytics
FOR LEASE
Office buildings
1000 Gutenberg Dr NW Kennesaw, GA 30144
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US22-1527995
For Lease
1 / 2
$19,615,000
1000 Gutenberg Dr NW, Kennesaw, GA 30144
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1994
Total area
175,900 SF
Lot
16.51 ac (718,982 SF)
Zoning code
LI/WS
APN
20013300130
UPID
US22-1527995
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
-
Heidelberg USA, Inc Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$17.86M
Blend (final)
Blend
$19.62M
Owner & transaction history
Ksu Gutenberg Real Estate Foundatio
Ksu Gutenberg Real Estate Foundatio
since 2025
Last sale
$21.9M
7 recorded transactions
Zoning & alternative use
LI/WS · Kennesaw, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kennesaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennesaw submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$18,740,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$24,245,000
Current use
Blend value · Realmo final
$19.62M
Range $17.65M – $21.58M · ±10% · vs last sale $21.90M (Jun 2 2025)
Last sale anchor
$21.90M
Jun 2 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$112 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$224,145
Tax year 2024
Assessed value
$6,376,800
Assessed 2024
Previous assessed
$7,370,120
-13.5% YoY
Effective rate
3.52%
On assessed value
Assessed land
$1,189,564
Assessed improvement
$5,187,236
Land market value
$2,973,910
Improvement market value
$12,968,090
Total market value
$15,942,000
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1994
Heating
NONE
Total area
175,900 SF
Lot
16.51 ac (718,982 SF)
Zoning code
LI/WS
APN
20013300130
UPID
US22-1527995
Jurisdiction
COBB
Zoning & alternative use
LI/WS · Kennesaw, GA
Zoning LI/WS · permitted uses
LI/WS · Kennesaw, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kennesaw. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$24.2M
OFFICE BUILDING Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Heating
NONE
Lot
16.51 ac
Current owner
From public records · entity-resolved
Ksu Gutenberg Real Estate Foundatio
Individual
Mailing address
3405 PIEDMONT RD NE STE #450, ATLANTA, GA 30305-1764
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
34 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2025
$21,900,000
Ksu Gutenberg Real Estate Foundatio
Ch Dof I Lo I Atlanta Kennesaw LLC
Deed
$22,500,000 · Fifth Third Bank NA
Sep 2, 2025
—
Ksu Gutenberg Real Estate Foundatio
Ch Dof I Lo I Atlanta Kennesaw LLC
Quitclaim Deed
related
—
Mar 23, 2022
$19,000,000
Ch Dof I Lo I Atlanta Kennesaw LLC
Gem Kennesaw LLC
Limited Warranty Deed
—
May 5, 2008
$757,600
Gem Kennesaw LLC
1000 Gutenberg Drive IV LLC
Grant Deed
—
May 5, 2008
$1,384,200
Gem Kennesaw LLC
1000 Gutenberg Drive Xiv LLC
Grant Deed
—
May 5, 2008
$201,900
Gem Kennesaw LLC
1000 Gutenberg Drive Xiii LLC
Grant Deed
—
May 5, 2008
$576,700
Gem Kennesaw LLC
1000 Gutenberg Drive Xii LLC
Grant Deed
—
May 5, 2008
$761,400
Gem Kennesaw LLC
1000 Gutenberg Drive X LLC
Grant Deed
—
May 5, 2008
$1,101,700
Gem Kennesaw LLC
1000 Gutenberg Drive Ix LLC
Grant Deed
—
May 5, 2008
$260,500
Gem Kennesaw LLC
1000 Gutenberg Drive Vii LLC
Grant Deed
—
May 5, 2008
$1,661,000
Gem Kennesaw LLC
1000 Gutenberg Drive V LLC
Grant Deed
—
May 5, 2008
$1,115,000
Gem Kennesaw LLC
1000 Gutenberg Drive III LLC
Grant Deed
—
May 5, 2008
$6,861,800
Gem Kennesaw LLC
Mackennesaw Partners
Grant Deed
—
May 5, 2008
$1,396,900
Gem Kennesaw LLC
1000 Gutenberg Drive Xix LLC
Grant Deed
$13,400,000 · Citicorp USA Corp
May 5, 2008
$96,200
Gem Kennesaw LLC
1000 Gutenberg Drive Xviii LLC
Grant Deed
—
May 5, 2008
$461,400
Gem Kennesaw LLC
1000 Gutenberg Drive II LLC
Grant Deed
—
May 5, 2008
$1,684,400
Gem Kennesaw LLC
1000 Gutenberg Drive I LLC
Grant Deed
—
May 5, 2008
$1,153,400
Gem Kennesaw LLC
1000 Gutenberg Drive Vi LLC
Grant Deed
—
May 1, 2008
$461,387
Gem Kennesaw LLC
1000,gutenberg Drive II Ll
Grant Deed
—
May 1, 2008
$1,153,356
Gem Kennesaw LLC
1000,gutenberg Drive Vi Ll
Grant Deed
—
May 1, 2008
$260,464
Gem Kennesaw LLC
1000,gutenberg Drive Xvi L
Grant Deed
—
May 1, 2008
$1,384,161
Gem Kennesaw LLC
1000,gutenberg Drive Xiv L
Grant Deed
—
May 1, 2008
$1,115,000
Gem Kennesaw LLC
1000,gutenberg Drive III L
Grant Deed
—
May 1, 2008
$576,678
Gem Kennesaw LLC
1000,gutenberg Drive Xi Ll
Grant Deed
—
May 1, 2008
$96,113
Gem Kennesaw LLC
1000,gutenberg Drive Xv Ll
Grant Deed
—
May 1, 2008
$1,396,872
Gem Kennesaw LLC
1000,gutenberg Drive Xix L
Grant Deed
—
May 1, 2008
$757,531
Gem Kennesaw LLC
1000,gutenberg Drive IV Ll
Grant Deed
—
May 1, 2008
$201,815
Gem Kennesaw LLC
1000,gutenberg Drive Xii L
Grant Deed
—
May 1, 2008
$1,660,904
Gem Kennesaw LLC
1000 Gutenberg Drive V LLC
Grant Deed
—
May 1, 2008
$6,861,710
Gem Kennesaw LLC
Mac,kennesaq Partners LP
Grant Deed
—
May 1, 2008
$761,322
Gem Kennesaw LLC
1000 Gutenberg Drive X LLC
Grant Deed
—
May 1, 2008
$1,684,319
Gem Kennesaw LLC
1000,guttenberg Drive I Ll
Grant Deed
—
May 1, 2008
$1,101,620
Gem Kennesaw LLC
1000,gutenberg Drive Ix Ll
Grant Deed
—
—
—
Gem Kennesaw LLC
—
Deed Of Trust
related
$13,400,000 · Falcon Real Estate Co LP
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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