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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Office buildings
1621 Sands SE Pl, Marietta, GA 30067-8785
Entity Owned
~
Est. High Equity
Property ID
US22-1316550
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Total area
9,440 SF
Lot
1.94 ac (84,506 SF)
Zoning code
LI
APN
17071200210
UPID
US22-1316550
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
-
ACE Electric Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.46M
Blend (final)
Blend
$1.40M
Owner & transaction history
Erb Properties LLC
Erb Properties LLC
since 2025
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
LI · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.3M
+44.5%
Neighborhood: shopping center
$2.1M
+31.8%
Retail stores
$2.1M
+31.6%
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 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
$1,060,000
ML approach
$1,005,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,575,000
Current use
MEDICAL BUILDING
$2,280,000
Change: +45% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,080,000
Change: +32% · Conversion: Difficult
RETAIL STORES
$2,075,000
Change: +32% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,840,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,640,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±10% · vs last sale $1.70M (Dec 31 2025)
Last sale anchor
$1.70M
Dec 31 2025
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
$148 / 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
$3,083
Tax year 2024
Assessed value
$364,440
Assessed 2024
Previous assessed
$364,240
+0.1% YoY
Effective rate
0.85%
On assessed value
Assessed land
$216,340
Assessed improvement
$148,100
Land market value
$540,850
Improvement market value
$370,250
Total market value
$911,100
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1982
Heating
NONE
Buildings
2
Total area
9,440 SF
Lot
1.94 ac (84,506 SF)
Zoning code
LI
APN
17071200210
UPID
US22-1316550
Jurisdiction
COBB
Zoning & alternative use
LI · Marietta, GA
Zoning LI · permitted uses
LI · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
RETAIL STORES
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.6M
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1982
Heating
NONE
Buildings
2
Lot
1.94 ac
Current owner
From public records · entity-resolved
Erb Properties LLC
Entity
Mailing address
P0 PO BOX 169BOX, BUCKINGHAM, VA 23921-0169
Ownership since
2025
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
Dec 31, 2025
$1,700,000
Erb Properties LLC
Moseley Prop LLC
Quitclaim Deed
$1,100,000 · First Citizens Bank & Trust Co
Oct 27, 2022
—
Moseley Prop LLC
Moseley Prop LLC
Intrafamily Transfer
related
—
Mar 28, 2016
$827,000
Moseley Properties LLC
1621 Sands Place LLC
Grant Deed
—
Sep 8, 2014
—
1621 Sands LLC
—
Trustees Deed
related
$456,000 · First Landmark Bk
Jan 6, 2010
$700,000
1621 Sands LLC
Hall,lynda A
Grant Deed
—
Jan 14, 2009
—
Lynda A Hall
Hall,richard M
Quit Claim Deed
related
—
Jan 9, 2009
—
Lynda A Hall
Kagey,james M
Grant Deed
related
—
—
—
1621 Sands LLC
—
Loan Modification
related
$454,000 · First Landmark Bk
—
—
Richard M Hall
—
Deed Of Trust
related
$575,000 · Standard Insurance Co
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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