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

    1185 Cobb SE Dr Marietta, GA 30060-3305

    • Warehouses
    • 3,200 SF
    • 4.18 lot acres
    OFF-MARKET
    Value Estimations
    $525,000
    Show details
    Cap Rate Potential
    7.4%
    Warehouses
    Location Intelligence
    Property ID
    US22-1174483
    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

    • U-Haul Neighborhood Dealer / Van Rental Agency / Truck Rental Agency
    • SecurCare Self Storage / Storage Facility / Self-Storage Facility
    • Amazing Auto Towing and Roadside Assistance / Towing Service
    • Chico Citgo Service Station / Gas Station
    • ACR Motorsports / Auto Repair Shop

    Property Details for 1185 Cobb SE Dr

    Year built
    1987
    Lot size
    4.18 lot acres
    Property size
    3,200 SF
    Zone code
    LI/WS
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    17022200180
    APU
    17022200180

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $445,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $555,000
      6.5%
      $510,000
      7%
      $475,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $613,000
      Market price range: $72.5k - $614k

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

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5491
    Latitude
    33.9244
    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
    2023
    $50,581
    $413,048
    $3,161,480
    $3,574,528
    -
    $1,032,620
    $3,161,480
    $4,194,100

    Comparable in this City

    • Value Estimation by Request
      2,340 SF

      1925 Cobb SE Dr

      MINI-WAREHOUSE, STORAGE • 2,340 SF
      1925 Cobb SE Dr, Marietta, GA 30060-4937
      View Details
    • Value Estimation by Request
      3,500 SF

      1744 Cobb S Pkwy

      MINI-WAREHOUSE, STORAGE • 3,500 SF
      1744 Cobb S Pkwy, Marietta, GA 30060-9252
      View Details
    • Value Estimation
      $4,540,000
      51,004 SF

      900 Roswell SE St

      MINI-WAREHOUSE, STORAGE • 51,004 SF
      900 Roswell SE St, Marietta, GA 30060-2553
      View Details
    • Value Estimation
      $580,000
      4,000 SF

      1780 Cobb SE Dr

      MINI-WAREHOUSE, STORAGE • 4,000 SF
      1780 Cobb SE Dr, Marietta, GA 30060-4222
      View Details
    • Value Estimation
      $630,000
      5,200 SF

      1679 Cobb S Pkwy

      MINI-WAREHOUSE, STORAGE • 5,200 SF
      1679 Cobb S Pkwy, Marietta, GA 30060-6551
      View Details
    • Value Estimation
      $1,380,000
      9,450 SF

      100 Dodd SE St

      MINI-WAREHOUSE, STORAGE • 9,450 SF
      100 Dodd SE St, Marietta, GA 30060-2460
      View Details

    Similar Nearby for Sale

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      Pending

      Marietta Industrial Property with Upside

      13,330 SF industrial property in Marietta with income potential.
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      13,330 SF industrial property in Marietta, GA for sale.
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      High-Yield Flex Space, 100% Occupied
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      Prime commercial land in Marietta at Highway 120 and Barnes Mill Rd.
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      Ready-to-Build Townhome Lots

      Four townhome lots in walkable Marietta neighborhood near Marietta Square.
      Inglenook Walk, Marietta, GA 30060
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    Similar Nearby for Lease

    • $7 SF/Yr
      24,131 SF

      Industrial Property with Outside Storage

      Industrial property with HI zoning and outside storage potential.
      Marietta, GA 30060
      View Details
    • $4,900 /Mo

      Renovated Commercial Property with Warehouse

      Dual-purpose property with office and warehouse space for rent.
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      View Details
    • $15 SF/Yr
      4,500 SF

      Marietta Warehouse with Drive-Ins

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    • $4,900 /Mo
      11,238 SF

      Marietta Commercial Property For Rent

      Dual-purpose commercial property with office and warehouse spaces available.
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    • $4,900 /Mo
      11,238 SF

      Marietta Commercial Property with Warehouse

      Dual-purpose property with office and warehouse space for rent.
      99 Merritt St SE, Marietta, GA 30060
      View Details
    • Contact for pricing
      7,355 SF

      Kennestone East Office Suites

      Marietta Medical & Executive Offices
      709 Canton Rd, Marietta, GA 30060
      View Details
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    1185 Cobb SE Dr
    Marietta, GA 30060-3305
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    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
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