Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1355 Ew Connector Austell, GA 30106-1351

    • Strip malls
    • 119,887 SF
    • 13.57 lot acres
    OFF-MARKET
    Last Sale
    Dec 30, 2020
    $14,750,000
    Value Estimations
    $14,985,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1990801
    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

    • Strip malls

    Property Details for 1355 Ew Connector

    Year built
    1990
    Lot size
    13.57 lot acres
    Property size
    119,887 SF
    Zone code
    PVC
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    19092200010
    APU
    19092200010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $15,880,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $14,564,000
      Market price range: $9.84M - $36.0M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $23,490,000
      Current use
      AUTO REPAIR, GARAGE
      $23,860,000
      Change: +2% Conversion: Difficult
      OFFICE BUILDING
      $19,560,000
      Change: -17% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Austell
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5942
    Latitude
    33.8565
    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
    $122,835
    $1,921,436
    $2,152,684
    $4,074,120
    -
    $4,803,590
    $5,381,710
    $10,185,300

    Comparable in this City

    • Value Estimation
      $3,105,000
      19,100 SF

      1133 Ew Connector

      SHOPPING CENTER, STRIP CENTER • 19,100 SF
      1133 Ew Connector, Austell, GA 30106-1779
      View Details
    • Value Estimation by Request
      0.23 Acres

      4968 Austell Rd

      SHOPPING CENTER, STRIP CENTER • 0.23 Acres
      4968 Austell Rd, Austell, GA 30106-2070
      View Details
    • Value Estimation
      $2,670,000
      16,660 SF

      2860 Ew Connector

      SHOPPING CENTER, STRIP CENTER • 16,660 SF
      2860 Ew Connector, Austell, GA 30106-6834
      View Details
    • Value Estimation
      $1,760,000
      10,164 SF

      1133 Ew Connector

      SHOPPING CENTER, STRIP CENTER • 10,164 SF
      1133 Ew Connector, Austell, GA 30106-1779
      View Details
    • Value Estimation by Request
      4,830 SF

      5742 Austell Powder Spgs Rd

      SHOPPING CENTER, STRIP CENTER • 4,830 SF
      5742 Austell Powder Spgs Rd, Austell, GA 30106-3231
      View Details
    • Value Estimation
      $2,215,000
      20,653 SF

      4968 Austell Rd

      SHOPPING CENTER, STRIP CENTER • 20,653 SF
      4968 Austell Rd, Austell, GA 30106-2070
      View Details

    Similar Nearby for Sale

    • $330,000

      Remodeled Commercial Building on Corner Lot

      Freestanding 800 SF commercial building on 0.86-acre corner lot.
      3230 Oak St, Austell, GA 30106
      View Details
    • $330,000

      Renovated Commercial Building on Corner Lot

      Fully renovated commercial building on 0.86-acre corner lot.
      3230 Oak St, Austell, GA 30106
      View Details
    • $220,000
      964 SF

      Austell Commercial Property: Prime Location

      Downtown Austell, High Growth Potential
      2755 Joe Jerkins Blvd, Austell, GA 30106
      View Details
    • Contact for pricing
      1.84 Acres

      Austell Commercial Land - 1.84 Acres

      High-visibility Austell land, ideal for development.
      2375 -West Connector, Austell, GA 30106
      View Details
    • $550,000
      10.70 Acres

      Residential Land in Austell, GA

      10.7 acres of wooded land suitable for residential development.
      Clay Rd SW, Austell, GA 30106
      View Details
    • Contact for pricing
      0.20 Acres

      Residential Land in Austell, GA

      Residential land lot with development potential in Austell, Georgia.
      Harris St, Austell, GA 30106
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Near WellStar Hospital

      Retail property with high visibility and excellent access.
      3999 Austell Rd, Austell, GA 30106
      View Details
    • Contact for pricing

      Prime Retail Space in Austell

      23,500 SF retail space with high visibility.
      1757 West Connector East, Austell, GA 30106
      View Details
    • $10 SF/Yr

      Retail Space in Austell Plaza

      Retail and restaurant spaces available for lease in Austell, Georgia.
      5055 Austell Rd, Austell, GA 30106
      View Details
    • $10 SF/Yr

      Austell Plaza Retail Opportunity

      Retail spaces available in Austell Plaza shopping center.
      5055 Austell Rd, Austell, GA 30106
      View Details
    • Contact for pricing

      East West Shopping Center Space

      Office and retail spaces in a high-growth area.
      2495 East -West Connector, Austell, GA 30106
      View Details
    • Contact for pricing
      85,565 SF

      Austell Retail Center: Prime Location

      High-traffic retail space, 3 units available.
      1025 -West Connector, Austell, GA 30106
      View Details
    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.
    1355 Ew Connector
    Austell, GA 30106-1351
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!