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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Office buildings
1380 Spg SE St Smyrna, GA 30080-3637
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1156811
Property summary
AI-generated overview
This exceptional 4,800 square foot mixed-use property, built and renovated in 2022, offers a unique blend of modern office and expansive warehouse space, ideal for a variety of businesses. Situated on a 0.8-acre lot in the heart of Smyrna, GA, this single-tenant property boasts a sleek 4,000 square foot vacant office building perfect for client meetings and a sizable adjacent warehouse, providing ample room for storage, distribution, or production needs. The property features two buildings, ten parking spaces, and is zoned LI, ensuring convenient access and operational flexibility. Its strategic location offers easy access to major highways, placing it minutes from The Battery ATL and directly across from Smyrna Market Village, providing excellent visibility and proximity to a thriving commercial area. The property's APN is 17055900300. This is a rare opportunity to acquire a highly functional and strategically located property in a rapidly growing area. Don't miss out on this chance to elevate your business to the next level.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1952
Total area
3,222 SF
Lot
0.8 ac (34,856 SF)
Zoning code
LI
APN
17055900300
UPID
US22-1156811
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
-
Azalea Landscaping Landscaping General Contractor
-
Chattahoochee Windows and Doors Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$710k
Comparable Approach
Comparable
$886k
Blend (final)
Blend
$700k
Owner & transaction history
Capital Partners Certified Dev Co · 2 yrs held
Capital Partners Certified Dev Co
since 2023
7 recorded transactions
Zoning & alternative use
LI · Smyrna, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$790,000
+29.8%
Retail stores
$745,000
+22.2%
Auto repair, garage
$640,000
+5.2%
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%
$765,000
6.5%
$710,000
7%
$655,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$610,000
Current use
MEDICAL BUILDING
$790,000
Change: +30% · Conversion: Easy
RETAIL STORES
$745,000
Change: +22% · Conversion: Moderate
AUTO REPAIR, GARAGE
$640,000
Change: +5% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$630,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$217 / 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
$10,988
Tax year 2024
Assessed value
$404,564
Assessed 2024
Previous assessed
$183,520
+120.4% YoY
Effective rate
2.72%
On assessed value
Assessed land
$246,404
Assessed improvement
$158,160
Land market value
$616,010
Improvement market value
$395,400
Total market value
$1,011,410
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1952
Heating
NONE
Total area
3,222 SF
Lot
0.8 ac (34,856 SF)
Zoning code
LI
APN
17055900300
UPID
US22-1156811
Jurisdiction
COBB
Zoning & alternative use
LI · Smyrna, GA
Zoning LI · permitted uses
LI · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$610,000
MEDICAL BUILDING
Est. value
$790,000
RETAIL STORES
Est. value
$745,000
AUTO REPAIR, GARAGE
Est. value
$640,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$630,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1952
Heating
NONE
Lot
0.8 ac
Current owner
From public records · entity-resolved
Capital Partners Certified Dev Co
Entity
Free & Clear · 2 yrs held
Mailing address
698 PONDEROSA TRL STE #640, DALLAS, GA 30132-2656
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2023
$265,000
Capital Partners Certified Dev Co
Smallwood Investments LLC
Deed
—
Sep 8, 2023
—
Smallwood Investment LLC
Bryant R Dromey
Quit Claim Deed
related
—
Aug 28, 2023
—
Smallwood Investments LLC
Jerry Tolbert
Quit Claim Deed
related
$160,314 · Bryant Dromey
Aug 28, 2023
$1,400,000
Mckenzie Global Marketing LLC
Smallwood Investments LLC
Limited Warranty Deed
$1,120,000 · United Community Bank
Jul 21, 2023
$500,000
Jerry Tolbert
Chad Smallwood & Smaliwood Investme
Deed
—
Sep 17, 2020
—
Smallwood Investments LLC
—
Deed
related
$314,000 · Heritage Bk
Jul 28, 2020
—
Smallwood Investments LLC
—
Deed
related
$265,000 · Private Individual
Apr 27, 2020
—
Smallwood Investments LLC
—
Deed
related
—
Jun 20, 2019
—
Testamentary Alice G J W Trust
Wright Alice G J
Quit Claim Deed
related
—
—
—
Smallwood Investments LLC
—
Loan Modification
related
—
—
—
Smallwood Investments LLC
—
Deed Of Trust
related
$265,000 · Private Individual
—
—
Smallwood Investments LLC
—
Deed Of Trust
related
$314,000 · Heritage 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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