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

    1000 Pne Ml Dr Marietta, GA 30066-3200

    • Commercial real estate
    • 7,150 SF
    • 0.56 lot acres
    OFF-MARKET
    Last Sale
    May 06, 2022
    $942,000
    Value Estimations
    $1,000,000
    Show details
    Cap Rate Potential
    7.8%
    Commercial real estate
    Location Intelligence
    Property ID
    US22-1619042
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • New Castle Building Group / Construction Company / General Contractor

    Property Details for 1000 Pne Ml Dr

    Year built
    2005
    Lot size
    0.56 lot acres
    Property size
    7,150 SF
    Zone code
    LI
    Property type
    Commercial real estate
    APN
    16015700160
    APU
    16015700160

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,210,000
      ML approach
      $1,160,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,020,000
      Market price range: $537k - $1.27M
      AI Estimate
      $738,000
      Market price range: $249k - $1.11M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $910,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,575,000
      Change: +73% Conversion: Difficult
      RETAIL STORES
      $1,575,000
      Change: +72% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,240,000
      Change: +36% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,095,000
      Change: +20% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5208
    Latitude
    34.0588
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $11,574
    $49,500
    $334,380
    $383,880
    -
    $123,750
    $835,950
    $959,700

    Comparable in this City

    • 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
      0.03 Acres

      Canton Rd

      COMMERCIAL (GENERAL) • 0.03 Acres
      Canton Rd, Marietta, GA 30066
      View Details
    • Value Estimation by Request
      0.62 Acres

      4921 Canton Rd

      COMMERCIAL (GENERAL) • 0.62 Acres
      4921 Canton Rd, Marietta, GA 30066-3220
      View Details
    • Value Estimation
      $7,010,000
      77,195 SF

      1255 Kennestone Cir

      COMMERCIAL (GENERAL) • 77,195 SF
      1255 Kennestone Cir, Marietta, GA 30066-6037
      View Details
    • Value Estimation
      $7,810,000
      81,200 SF

      3005 Chastain Mdws Pkwy

      COMMERCIAL (GENERAL) • 81,200 SF
      3005 Chastain Mdws Pkwy, Marietta, GA 30066-3395
      View Details
    • Value Estimation by Request
      10.19 Acres

      700 Chastain Cor Rd

      Farms • 10.19 Acres
      700 Chastain Cor Rd, Marietta, 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
    • Contact for pricing
      0.05 Acres

      Marietta Office Condo - Prime Location

      Versatile Office Space, Ideal for Business
      3417 Canton Rd, Marietta, GA 30066
      View Details
    • $250,000
      2,500 SF

      Marietta, GA 30066

      Business ONLY
      Marietta, GA 30066
      View Details
    • $895,000
      1.00 Acre

      Marietta Land with Commercial Potential

      One-acre corner lot with potential for commercial development.
      3090 Trickum Rd, Marietta, GA 30066
      View Details
    • $695,000
      Pending

      Marietta Land Development Opportunity

      3.14 acres in prime location, utilities available, development opportunity.
      3222 Bells Ferry Rd NE, Marietta, GA 30066
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,096 SF

      Marietta Restaurant Space For Lease

      7,096 SF Former Texas Roadhouse. Prime Location.
      2475 Barrett Creek Pkwy, Marietta, GA 30066
      View Details
    • $11 SF/Yr
      6,125 SF

      Prime Marietta Office Space

      East Cobb location, 1350 sq ft available
      2440 Sandy Plains Rd, Marietta, GA 30066
      View Details
    • $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
    • Contact for pricing

      East Cobb Retail Space Available

      High-traffic shopping center in East Cobb with immediate availability.
      2745 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
    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.
    1000 Pne Ml Dr
    Marietta, GA 30066-3200
    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.