Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1344 E Cobb Dr Marietta, GA 30068
    Back to Search
    Property profile & analytics

    1344 E Cobb Dr Marietta, GA 30068

    View on Map
    • Office buildings
    • 13,872 SF
    • 1.00 lot acres
    For Lease
    $30 SF/Yr
    View Listing →
    Retail Space Available For Rent For Lease
    $30 SF/Yr
    3,573 SF

    Retail Space Available For Rent

    Single tenant retail space available for rent, 3,573 SqFt.

    1344 E Cobb Dr, Marietta, GA 30068
    View Listing
    Property ID
    US22-1799437
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Weissman PC / Law Firm
    • Ent of Ga / Physician
    • Merchants Walk Dental / Dental Office
    • John Bishara / Dental Office
    • Milli Patel / Dental Office

    Property Details for 1344 E Cobb Dr

    Year built
    1976
    Lot size
    1.00 lot acres
    Property size
    13,872 SF
    Zone code
    O&I
    Property type
    Office buildings
    APN
    16090200210
    APU
    16090200210

    Description

    This exceptional 14,104-square-foot Class C medical office building in Marietta, Georgia, presents a unique investment opportunity. Located at 1344 E Cobb Dr, 30068, this single-tenant property offers high visibility and convenient access from Johnson Ferry Road and Roswell Road. The building's prime location within the thriving East Cobb area provides immediate proximity to a wealth of amenities, including the East Cobb Post Office, Whole Foods, Dick's Sporting Goods, Merchants Walk, and numerous other upscale shops, banks, restaurants, movie theaters, and grocery stores. Ample parking and prominent monument signage enhance the property's appeal. Currently, the entire 14,104 square feet is vacant, providing a blank canvas for a variety of uses, including retail, medical, or professional office space. The building's single-tenant configuration offers streamlined management and potential for long-term lease stability. This property is an ideal choice for businesses seeking a high-profile location in a vibrant and affluent community. The property is classified as Retail, Office, Medical Office, Outparcel/Pad, Professional, and Strip Center.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,300,000
      6.5%
      $3,050,000
      7%
      $2,830,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,607,000
      Market price range: $2.09M - $5.06M
      AI Estimate
      $1,998,000
      Market price range: $1.32M - $3.13M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $4,110,000
      Current use
      MEDICAL BUILDING
      $3,350,000
      Change: -18% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.4247
    Latitude
    33.9821
    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
    $25,442
    $385,072
    $458,768
    $843,840
    -
    $962,680
    $1,146,920
    $2,109,600

    Comparable in this City

    • Value Estimation by Request
      2,520 SF

      1663 Lowr Roswell Rd

      OFFICE BUILDING • 2,520 SF
      1663 Lowr Roswell Rd, Marietta, GA 30068-3338
      View Details
    • Value Estimation
      $1,250,000
      7,974 SF

      4985 Lowr Roswell Rd

      OFFICE BUILDING • 7,974 SF
      4985 Lowr Roswell Rd, Marietta, GA 30068-4337
      View Details
    • Value Estimation
      $1,275,000
      9,000 SF

      551 Johnson Fry Rd

      OFFICE BUILDING • 9,000 SF
      551 Johnson Fry Rd, Marietta, GA 30068-4626
      View Details
    • Value Estimation
      $3,215,000
      15,485 SF

      4939 Lowr Roswell Rd

      OFFICE BUILDING • 15,485 SF
      4939 Lowr Roswell Rd, Marietta, GA 30068-4338
      View Details
    • Value Estimation
      $6,785,000
      11,363 SF

      1000 Johnson Fry Rd

      OFFICE BUILDING • 11,363 SF
      1000 Johnson Fry Rd, Marietta, GA 30068-2114
      View Details
    • Value Estimation
      $735,000
      5,200 SF

      4901 Lowr Roswell Rd

      OFFICE BUILDING • 5,200 SF
      4901 Lowr Roswell Rd, Marietta, GA 30068
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      25,800 SF

      East Cobb Medical Opportunity

      Located near medical campuses in East Cobb.
      4901 Olde Towne Pkwy, Marietta, GA 30068
      View Details
    • $300,000

      Turn-Key Office Condo in Marietta

      Fully equipped office condo in East Cobb shopping district.
      4994 Lower Roswell Rd, Marietta, GA 30068
      View Details
    • $395,000
      0.50 Acres

      Residential Land in Vibrant Community

      Homesite ready for your dream home in a vibrant community.
      2979 Gant Quarters Dr, Marietta, GA 30068
      View Details
    • $925,000
      0.62 Acres

      Rare Homesite in Indian Hills

      Premium corner lot in desirable Indian Hills Country Club.
      3740 Clubland Dr, Marietta, GA 30068
      View Details
    • $649,700
      2,283 SF

      East Cobb Multi-Family Opportunity

      Two updated homes on one lot in East Cobb!
      1716 Nekoma St, Marietta, GA 30068
      View Details
    • $395,000
      0.50 Acres

      Marietta Homesite Ready For Building

      Wooded, level homesite in vibrant community near Battery/Truist Park.
      2979 Grant Quarters Dr, Marietta, GA 30068
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      East Cobb Professional Office Space

      Two-story brick office building in East Cobb for lease.
      519 Johnson Ferry Rd, Marietta, GA 30068
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Single tenant retail space available for rent, 3,573 SqFt.
      1344 E Cobb Dr, Marietta, GA 30068
      View Details
    • Contact for pricing

      Restaurant Space with High Visibility

      Fully equipped restaurant space available at a signalized intersection.
      4811 Lower Roswell Rd, Marietta, GA 30068
      View Details
    • Contact for pricing

      Retail Space Near Johnson Ferry

      Retail property with high visibility and strong tenant mix.
      1255 Johnson Ferry Rd, Marietta, GA 30068
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1344 E Cobb Dr
    Marietta, GA 30068
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1344 E Cobb Dr, Marietta, GA, 30068
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!