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Property profile & analytics
OFF-MARKET
Estimated value
$4,560,000
Self service car washes
1255 Powder Spgs St, Marietta, GA 30064-3939
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-0839685
Property profile
Verified
Property type
Self service car washes
Use group
CAR WASH - SELF-SERVE
Year built
1996
Total area
3,850 SF
Lot
1.31 ac (56,933 SF)
Zoning code
CRC
APN
17000700390
UPID
US22-0839685
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.56M
Owner & transaction history
Vereit Real Estate LP · 4 yrs held
Vereit Real Estate LP
since 2021
Last sale
$4.2M
7 recorded transactions
Zoning & alternative use
CRC · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$4,895,000
ML approach
$5,010,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.56M
Range $4.10M – $5.02M · ±10% · vs last sale $4.17M (Oct 29 2021)
Last sale anchor
$4.17M
Oct 29 2021
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
$1,184 / 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
$2,392
Tax year 2024
Assessed value
$282,700
Assessed 2024
Previous assessed
$282,700
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$152,740
Assessed improvement
$129,960
Land market value
$381,850
Improvement market value
$324,900
Total market value
$706,750
Applied tax rate
4.0000
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
Self service car washes
Use group
CAR WASH - SELF-SERVE
Status
Off-Market
Year built
1996
Heating
NONE
Total area
3,850 SF
Lot
1.31 ac (56,933 SF)
Zoning code
CRC
APN
17000700390
UPID
US22-0839685
Jurisdiction
COBB
Zoning & alternative use
CRC · Marietta, GA
Zoning CRC · permitted uses
CRC · 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.
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Lot
1.31 ac
Current owner
From public records · entity-resolved
Vereit Real Estate LP
Entity
Mailing address
PO BOX 311, THOMASTON, GA 30286-0004
Ownership since
2021
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
Oct 29, 2021
—
Vereit Real Estate LP
New Potato Creek Holdings LLC
Lease
—
Oct 29, 2021
$4,171,500
Vereit Real Estate LP
Tw Powder Springs Real Estate LLC
Limited Warranty Deed
—
Nov 24, 2020
—
Tw Powder Springs R & E LLC
Josman Powder Springs LLC
Quit Claim Deed
related
—
Jul 11, 2019
$1,745,200
Josman Powder Springs LLC
Oasis Of Powder Springs St LLC
Grant Deed
$2,626,224 · Planters First Bk
Jun 5, 2015
$900,000
Pmb Properties Group INC
Corman Investment LLC
Grant Deed
—
Jun 5, 2015
—
Pmb Properties Group INC
Corman Investment LLC
Quit Claim Deed
related
—
Oct 11, 2007
$1,640,000
Corman Invest LLC
Yoon & S INC
Grant Deed
$1,230,000 · First Intercontinental Bank
Oct 5, 2007
$1,640,000
Corman Investment LLC
Yoon S INC
Grant Deed
$1,230,000 · First Intercontinental Bank
—
—
Yoon & S INC
—
Deed Of Trust
related
$1,550,000 · First Intercontinental Bank
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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