New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Retail space
1123 Powder Spgs St, Marietta, GA 30064-3937
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-0083542
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1975
Total area
3,560 SF
Lot
0.35 ac (15,246 SF)
Zoning code
CRC
APN
17006700460
UPID
US22-0083542
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.15M
CAP Approach
CAP
$770k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.19M
Owner & transaction history
Bharatmani 2023 LLC · 2 yrs held
Bharatmani 2023 LLC
since 2023
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
CRC · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.3M
+70.6%
Medical building
$860,000
+9.8%
Neighborhood: shopping center
$785,000
+0.1%
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 Marietta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marietta 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
$1,315,000
ML approach
$1,150,000
CAP Approach
CAP Return
Estimation
6%
$835,000
6.5%
$770,000
7%
$715,000
Alternative Use
Use
Estimation
RETAIL STORES
$785,000
Current use
WAREHOUSE, STORAGE
$1,335,000
Change: +71% · Conversion: Difficult
MEDICAL BUILDING
$860,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$785,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$1.19M
Range $1.07M – $1.30M · ±10% · vs last sale $1.35M (Sep 28 2023)
Last sale anchor
$1.35M
Sep 28 2023
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
$333 / 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
$1,153
Tax year 2024
Assessed value
$136,316
Assessed 2024
Previous assessed
$136,316
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$69,476
Assessed improvement
$66,840
Land market value
$173,690
Improvement market value
$167,100
Total market value
$340,790
Applied tax rate
4.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1975
Heating
NONE
Total area
3,560 SF
Lot
0.35 ac (15,246 SF)
Zoning code
CRC
APN
17006700460
UPID
US22-0083542
Jurisdiction
COBB
Zoning & alternative use
CRC · Marietta, GA
Zoning CRC · permitted uses
CRC · Marietta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marietta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$785,000
WAREHOUSE, STORAGE
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$860,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$785,000
RETAIL STORES Current
WAREHOUSE, STORAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1975
Heating
NONE
Lot
0.35 ac
Current owner
From public records · entity-resolved
Bharatmani 2023 LLC
Entity
Mailing address
1123 POWDER SPGS ST, MARIETTA, GA 30064-3937
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2023
$1,350,000
Bharatmani 2023 LLC
Win & Associates LLC
Limited Warranty Deed
$1,104,000 · United Community Bank
Aug 12, 2020
—
Win & Associates LLC
—
Deed
related
$190,274 · Southcrest Bk
Jul 6, 2017
—
Win & Associates LLC
—
Deed
related
$237,812 · Southcrest Bk
Jun 8, 2017
—
Win & Associates LLC
—
Deed
related
$237,812 · Southcrest Bk
Dec 28, 2006
—
Winn & Associates LLC
Evershine Enterprises INC
Warranty Deed
related
—
Sep 21, 2006
$430,000
Evershine Ent INC
Eduardo Cesarman
Deed
$352,199 · Century Security Bank
—
—
Win & Associates LLC
—
Loan Modification
related
$124,486 · Century Sec Bk
—
—
Win & Associates LLC
—
Loan Modification
related
$124,486 · Century Sec Bk
—
—
Win & Associates LLC
—
Loan Modification
related
$274,918 · Century Sec Bk
—
—
Win & Associates LLC
—
Loan Modification
related
$237,812 · Southcrest Bk
—
—
Win & Associates LLC
—
Loan Modification
related
$237,812 · Southcrest Bk
—
—
Win & Associates LLC
—
Loan Modification
related
$190,274 · Southcrest Bk
—
—
Win Associates LLC
—
Deed Of Trust
related
$322,234 · Century Security Bank
—
—
Win & Associates LLC
—
Deed Of Trust
related
$156,000 · Century Security Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1123 Powder Spgs St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.