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Property profile & analytics
OFF-MARKET
Estimated value
$2,155,000
Strip malls
1290 Spg SE St 3 Smyrna, GA 30080-3686
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-1201407
Property summary
AI-generated overview
This exceptional 445-square-foot office suite, located within the vibrant Smyrna Market Village, presents a fantastic opportunity for businesses seeking a convenient and well-appointed workspace. The single-tenant studio boasts a spacious four-room layout, ideal for teams of various sizes. Benefit from abundant natural light, creating a bright and productive atmosphere. The suite's prime location offers easy access to a wide array of shops, restaurants, and amenities within the Market Village itself. Furthermore, its proximity to The Battery Atlanta provides convenient access to a popular entertainment district. Shared amenities include a fully equipped kitchen, restrooms, and a reception area, enhancing convenience and efficiency. The building features elevator access for easy accessibility to the suite. With ten parking spaces available, ample parking is ensured. The property is zoned C1 and sits on a single building lot. This turnkey solution offers a compelling combination of space, location, and amenities, making it an ideal choice for businesses seeking to thrive in a dynamic environment. The property features a single building with one suite. The APN is 17052200800.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Total area
15,704 SF
Lot
0.24 ac (10,454 SF)
Zoning code
CBD
APN
17052200800
UPID
US22-1201407
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
-
Ero Health Physician
-
Law Office Of Daniel Daugherty : ATL LAW, LLC Law Firm
-
Smyrna Hand Therapy LLC Physician
-
Ashli E. Linkhorn, DC Alternative Medicine Practice
-
Dr. Robbie Dubuque Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.16M
Owner & transaction history
Amaya And Nayeli Properties LLC · 3 yrs held
Amaya And Nayeli Properties LLC
since 2022
7 recorded transactions
Zoning & alternative use
CBD · Smyrna, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent in establishing the (CBD) central business district is to promote a centralized business center of intense development of uses which benefit from close proximity to one another and which conform to specific design guidelines adopted by the city
Zone name
Central Business District
General category
COMMERCIAL
Zone area
27.89 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$3.1M
+1.6%
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$3,075,000
Current use
AUTO REPAIR, GARAGE
$3,125,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$2,970,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$2.16M
Range $1.94M – $2.37M · ±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
$137 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$28,783
Tax year 2023
Assessed value
$1,059,760
Assessed 2023
Previous assessed
$875,720
+21.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$224,700
Assessed improvement
$835,060
Land market value
$561,750
Improvement market value
$2,087,650
Total market value
$2,649,400
Applied tax rate
6.0000
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
Off-Market
Year built
2004
Heating
NONE
Total area
15,704 SF
Lot
0.24 ac (10,454 SF)
Zoning code
CBD
APN
17052200800
UPID
US22-1201407
Jurisdiction
COBB
Zoning & alternative use
CBD · Smyrna, GAZoning CBD · permitted uses
CBD · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent in establishing the (CBD) central business district is to promote a centralized business center of intense development of uses which benefit from close proximity to one another and which conform to specific design guidelines adopted by the city
Zone name
Central Business District
General category
COMMERCIAL
Zone area
27.89 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$3.1M
OFFICE BUILDING
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2004
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
Amaya And Nayeli Properties LLC
Entity
Free & Clear · 3 yrs held
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2025
—
A & B Capital Investment LLC
—
Deed
related
$3,300,150 · Ac Investments Holdings LLC
Oct 24, 2023
—
Tamg Realty INC
—
Deed
related
$2,900,000 · Three Stars Capital LLC
Nov 10, 2022
—
Amaya And Nayeli Properties LLC
Tamg Realty INC
Quit Claim Deed
related
—
Jul 19, 2022
—
Ramp Financial Group LLC
Tamg Realty INC
Deed
—
Feb 10, 2021
$3,150,000
Tamg Realty INC
1290 West Spring Street LLC
Limited Warranty Deed
$2,310,000 · Stronghill Capital LLC
Jul 5, 2019
—
1290 West Spring Street LLC
—
Deed
related
$2,100,000 · Ameris Bk
Jun 17, 2013
$1,191,800
1290 West Spring Street LLC
Bank Of The West
Grant Deed
—
Nov 1, 2011
$1,552,500
Bank Of The West
Kmc-m Smyrna LLC
Trustees Deed
related
—
May 27, 2005
$3,200,000
Kmc M Smyrna LLC
Smyrna Market Village LLC
Grant Deed
related
$2,560,000 · Wells Fargo Bank
—
—
Kmc M Smyrna LLC
—
Deed Of Trust
related
$2,504,000 · Bank Of The West
—
—
1290 West Spring Street LLC
—
Loan Modification
related
$2,100,000 · Ameris 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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