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Property profile & analytics
OFF-MARKET
Estimated value
$5,210,000
Office buildings
1201 Roberts NW Blvd Kennesaw, GA 30144-3693
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US22-1014471
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Total area
25,314 SF
Lot
5.5 ac (239,580 SF)
Zoning code
OI
APN
20020800210
UPID
US22-1014471
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
-
Shaw Industries Group Business Management Consultant
-
LendingPoint Corporate Office
-
FedEx Drop Box Postal Service Courier Service
-
RNI (Bike/Boat/Book/etc) Store Corporate Office
-
Velociteach Training Center Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.57M
Comparable Approach
Comparable
$4.70M
Blend (final)
Blend
$5.21M
Owner & transaction history
Roberts Boulevard LLC · 13 yrs held
Roberts Boulevard LLC
since 2012
7 recorded transactions
Zoning & alternative use
OI · Kennesaw, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.2M
+78.2%
Retail stores
$5.5M
+58.1%
Apartment house (5+ units)
$5.4M
+55.1%
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,025,000
6.5%
$5,565,000
7%
$5,165,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,490,000
Current use
MEDICAL BUILDING
$6,220,000
Change: +78% · Conversion: Easy
RETAIL STORES
$5,515,000
Change: +58% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$5,410,000
Change: +55% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,040,000
Change: +44% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,960,000
Change: +42% · Conversion: Difficult
Blend value · Realmo final
$5.21M
Range $4.69M – $5.73M · ±10%
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
$206 / 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
$84,360
Tax year 2024
Assessed value
$2,400,000
Assessed 2024
Previous assessed
$2,753,680
-12.8% YoY
Effective rate
3.52%
On assessed value
Assessed land
$485,868
Assessed improvement
$1,914,132
Land market value
$1,214,670
Improvement market value
$4,785,330
Total market value
$6,000,000
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
Off-Market
Year built
1988
Heating
NONE
Buildings
2
Total area
25,314 SF
Lot
5.5 ac (239,580 SF)
Zoning code
OI
APN
20020800210
UPID
US22-1014471
Jurisdiction
COBB
Zoning & alternative use
OI · Kennesaw, GA
Zoning OI · permitted uses
OI · 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
$3.5M
MEDICAL BUILDING
Est. value
$6.2M
RETAIL STORES
Est. value
$5.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.4M
AUTO REPAIR, GARAGE
Est. value
$5.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.0M
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1988
Heating
NONE
Buildings
2
Lot
5.5 ac
Current owner
From public records · entity-resolved
Roberts Boulevard LLC
Entity
Mailing address
PO BOX 360566, BIRMINGHAM, AL 35236-0566
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2025
—
Roberts Boulevard LLC
—
Deed
related
$7,500,000 · Wells Fargo Bank NA
May 28, 2020
—
Roberts Blvd LLC
—
Deed
related
$10,640,000 · Wells Fargo Bk
Jan 22, 2018
—
Roberts Boulevard LLC
—
Deed
related
$10,040,000 · Wells Fargo Bank NA
Sep 20, 2012
$4,300,000
Roberts Boulevard LLC
Msci 2005-iq10 Barrett Office
Grant Deed
—
Jan 3, 2012
$4,616,995
Msci 2005-iq10 Barrett Office
Ari-barrett Office Center Ll
Trustees Deed
related
—
Aug 8, 2005
$1,232,350
Ari Boc 4 LLC
Ari Barrett Office Ctr LLC
Grant Deed
related
—
Jul 26, 2005
$704,200
Ari Boc 8 LLC
Ari Barrett Office Center LLC
Grant Deed
related
—
Jul 26, 2005
$10,302,000
Ari-barrett Officr Ctr LLC
Barret Office Invest LLC
Grant Deed
related
$7,575,000 · Ncb Savings Bank
—
—
Roberts Blvd LLC
—
Loan Modification
related
$10,640,000 · Wells Fargo Bk
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.
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