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Property profile & analytics
FOR LEASE
Strip malls
1255 Johnson Ferry Rd Marietta, GA 30068
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1655278
For Lease
1 / 13
$11,425,000
1255 Johnson Ferry Rd, Marietta, GA 30068
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Total area
67,397 SF
Lot
7.59 ac (330,746 SF)
Zoning code
NS
APN
16090100180
UPID
US22-1655278
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
-
Angela Taneja Pediatrician
-
Abbadabba's East Cobb Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Kali Basit Physician
-
Back By Popular Demand Discount Store (Bike/Boat/Book/etc) Store
-
Cooper Layla Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.43M
Owner & transaction history
Lincoln National Life Insurance Com · 2 yrs held
Lincoln National Life Insurance Com
since 2024
4 recorded transactions
Zoning & alternative use
NS · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$16.3M
+9.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$14,835,000
Current use
MEDICAL BUILDING
$16,280,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$14,825,000
Change: 0% · Conversion: Easy
COMMERCIAL (GENERAL)
$12,485,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$11.43M
Range $10.28M – $12.57M · ±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
$170 / 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
$226,644
Tax year 2024
Assessed value
$7,517,200
Assessed 2024
Previous assessed
$6,763,800
+11.1% YoY
Effective rate
3.02%
On assessed value
Assessed land
$3,841,784
Assessed improvement
$3,675,416
Land market value
$9,604,460
Improvement market value
$9,188,540
Total market value
$18,793,000
Applied tax rate
9.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1980
Heating
NONE
Buildings
2
Total area
67,397 SF
Lot
7.59 ac (330,746 SF)
Zoning code
NS
APN
16090100180
UPID
US22-1655278
Jurisdiction
COBB
Zoning & alternative use
NS · Marietta, GA
Zoning NS · permitted uses
NS · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$14.8M
MEDICAL BUILDING
Est. value
$16.3M
RETAIL STORES
Est. value
$14.8M
COMMERCIAL (GENERAL)
Est. value
$12.5M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1980
Heating
NONE
Buildings
2
Lot
7.59 ac
Current owner
From public records · entity-resolved
Lincoln National Life Insurance Com
Individual
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2024
—
Lincoln National Life Insurance Com
Camp Creek LLC
Deed
—
Aug 19, 2022
$6,000,000
Pailatka Mall LLC
Susanne F Muntzing
Limited Warranty Deed
—
—
—
Market Plaza Jv
—
Deed Of Trust
related
$9,200,000 · Jefferson-pilot Life Insurance
—
—
Market Plaza Jv
—
Deed Of Trust
related
$9,200,000 · Jefferson-pilot Life Insurance
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?”
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