1200 Johnson Fry Rd Marietta, GA 30068-5403
Property profile & analytics
1200 Johnson Fry Rd Marietta, GA 30068-5403
- Office buildings
- 29,522 SF
- 1.37 lot acres
Property ID
US22-1080604
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.
Location Intelligence
Current Use by Public Records
- Christelle Thomas, Realtor / Real Estate Agency
- Dr. Trevor Beach / Physician
- Trevor Reid Beach / Physician
- Kim Schultz, Coldwell Banker Realty / Real Estate Agency
- Dana Dzimwasha of Coldwell Banker Realty / Real Estate Agency
Property Details for 1200 Johnson Fry Rd
- Year built
- 1987
- Lot size
- 1.37 lot acres
- Property size
- 29,522 SF
- Zone code
- NS
- Property type
- Office buildings
- APN
- 1001300080
- APU
- 1001300080
Description
This exceptional investment opportunity presents a fully leased, four-story, 27,112 square foot Class B office building in Marietta, Georgia's affluent East Cobb area. The property, a local landmark for over 35 years, boasts six tenants, including Synovus Bank, with a mix of medical and office uses. Anchored by Synovus Bank (lease through 2029) and featuring a recently renovated USA Vein Clinics suite (new 10-year lease, $1,000,000 buildout), the building offers strong cash flow with 100% occupancy. Amenities include two elevators, a low-maintenance brick exterior, updated common areas, and convenient private parking access. The high-traffic location at Johnson Ferry Rd and Woodlawn Dr provides excellent visibility to over 34,000 vehicles daily, supported by two monument signs. Surrounded by upscale retail and dining, the property benefits from a densely populated area with an average household income exceeding $180,000 within a one-mile radius, projected to grow significantly. The 1.37-acre lot is zoned OI, County. This is a rare opportunity to acquire a high-performing asset in a prime East Cobb location. The asking price is $6,740,000, representing a $248.60 per square foot price and a $1,123,333.33 price per unit. The Net Operating Income (NOI) is $471,819, resulting in a 7.00% capitalization rate. Built in 1987, the property offers a compelling return on investment in a highly desirable market.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,030,000
- 6.5%
- $6,485,000
- 7%
- $6,025,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,991,000
Market price range: $4.45M - $10.8M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $8,740,000 Current use
- MEDICAL BUILDING
- $7,130,000 Change: -18% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Marietta
- County
- Cobb
- State
- Georgia
- Longitude
- -84.4163
- Latitude
- 33.9779
- 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
$49,307
$718,180
$917,220
$1,635,400
-
$1,795,450
$2,293,050
$4,088,500
