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

    1245 Veterans Memorial Hwy Mableton, GA 30126-3191

    • Community centers
    • 116,351 SF
    • 9.17 lot acres
    OFF-MARKET
    Last Sale
    Mar 17, 2025
    Value Estimations
    $11,560,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1836104
    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

    • Ria Money Transfer - All Star Western Apparel / Bank / Credit Union
    • Elite Transformation Center / Gym & Fitness Center
    • Clinica Pastor / Alternative Medicine Practice
    • Fuerza Latina Insurance / Insurance Agency
    • Gloria's Hair Affair / Hair Salon / Nail Salon

    Property Details for 1245 Veterans Memorial Hwy

    Year built
    1961
    Lot size
    9.17 lot acres
    Property size
    116,351 SF
    Zone code
    PSC
    Property type
    Community centers
    APN
    19129800200
    APU
    19129800200

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $14,842,000
      Market price range: $9.55M - $34.9M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $18,985,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Mableton
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5902
    Latitude
    33.8158
    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
    $53,307
    $549,428
    $1,218,640
    $1,768,068
    -
    $1,373,570
    $3,046,600
    $4,420,170

    Comparable in this City

    • Value Estimation
      $12,570,000
      96,749 SF

      5590 Mableton SW Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 96,749 SF
      5590 Mableton SW Pkwy, Mableton, GA 30126-3344
      View Details
    • Value Estimation
      $12,630,000
      114,408 SF

      5590 Mableton SW Pkwy

      SHOPPING CENTER, STRIP CENTER • 114,408 SF
      5590 Mableton SW Pkwy, Mableton, GA 30126-3344
      View Details
    • Value Estimation
      $2,370,000
      15,000 SF

      189 Veterans Memorial SE Hwy

      SHOPPING CENTER, STRIP CENTER • 15,000 SF
      189 Veterans Memorial SE Hwy, Mableton, GA 30126
      View Details
    • Value Estimation
      $1,905,000
      12,040 SF

      1450 Veterans Memorial Hwy Se Ste, Unit 200

      SHOPPING CENTER, STRIP CENTER • 12,040 SF
      1450 Veterans Memorial Hwy Se Ste, Mableton, GA 30126-5775
      View Details
    • Value Estimation
      $8,300,000
      62,588 SF

      5345 Floyd SW Rd

      SHOPPING CENTER, STRIP CENTER • 62,588 SF
      5345 Floyd SW Rd, Mableton, GA 30126-2270
      View Details
    • Value Estimation
      $605,000
      4,494 SF

      302 Veterans Memorial SW Hwy

      SHOPPING CENTER, STRIP CENTER • 4,494 SF
      302 Veterans Memorial SW Hwy, Mableton, GA 30126-3355
      View Details

    Similar Nearby for Sale

    • $3,000,000
      7,365 SF

      Mableton Commercial Investment Opportunity

      Two buildings on 0.91 acres, income-producing, prime location.
      6281 Factory Shoals Rd SW, Mableton, GA 30126
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    • $1,490,000

      Retail Development Site For Sale

      0.94 acre retail development site with utilities and frontage.
      795 Veterans Memorial Hwy, Mableton, GA 30126
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    • $1,299,000
      7,193 SF

      Versatile Commercial Building in Decatur

      Freestanding building on Columbia Drive, suitable for various businesses.
      1272 Columbia Dr, Decatur, GA 30126
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    • $1,400,000
      11.90 Acres

      Mableton Parkway Commercial Land

      11.9 Acres, Zoned NRC, LRO, RA-5
      6590 Mableton Pkwy, Mableton, GA 30126
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    • $1,100,000
      0.46 Acres

      Mableton Industrial Property: Prime Investment

      8,000 SF Office/Warehouse, .46 Acres
      5810 Powell Dr, Mableton, GA 30126
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    • $450,000
      1.08 Acres

      Mableton Land on Veterans Highway

      1.07 acres of commercial land with heavy commercial zoning.
      1587 Veterans Memorial Hwy SW, Mableton, GA 30126
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,987 SF

      Retail Space in Mableton, GA

      Retail space available in a shopping center anchored by a national grocery tenant.
      1025 Veterans Memorial Hwy Southeast Mableton GA USA, Mableton, GA 30126
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Mableton

      Retail space in Mableton, anchored by national brands.
      5590 Mableton Pkwy SW, Mableton, GA 30126
      View Details
    • Contact for pricing
      229,013 SF

      Mableton Retail Center Opportunity

      Prime Mableton shopping center space available.
      5990 Mableton Pkwy, Mableton, GA 30126
      View Details
    • $10 SF/Yr
      18,300 SF

      Mableton Office/Showroom/Retail Space For Rent

      18,300 SF Mableton space with high visibility and ample parking.
      Mableton, GA 30126
      View Details
    • Contact for pricing
      1,720 SF

      Retail Space on Veterans Memorial

      Retail space in redeveloped center with strong national anchors.
      925 Veterans Memorial Hwy SW, Mableton, GA 30126
      View Details
    • $12 SF/Yr
      20,000 SF

      High Exposure Retail Space in Mableton

      10,000 SF Retail Space, Loading Dock, High Visibility
      1183 Veterans Memorial Hwy, Mableton, GA 30126
      View Details
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    Mableton, GA 30126-3191
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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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