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Property profile & analytics
OFF-MARKET
Estimated value
$16,265,000
Office buildings
1701 Barrett Lks NW Blvd Kennesaw, GA 30144-4582
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2000392
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Total area
126,924 SF
Lot
7.71 ac (335,817 SF)
Zoning code
GC/O&I
APN
20020900200
UPID
US22-2000392
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$17.76M
Blend (final)
Blend
$16.27M
Owner & transaction history
Rss Csmc2021 Adv De Aur LLC · 1 yrs held
Rss Csmc2021 Adv De Aur LLC
since 2024
4 recorded transactions
Zoning & alternative use
GC/O&I · Kennesaw, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$25.3M
+44.4%
Neighborhood: shopping center
$24.9M
+42.2%
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 Kennesaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennesaw 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
OFFICE BUILDING
$17,495,000
Current use
AUTO REPAIR, GARAGE
$25,260,000
Change: +44% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$24,870,000
Change: +42% · Conversion: Difficult
Blend value · Realmo final
$16.27M
Range $14.64M – $17.89M · ±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
$128 / 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
$238,233
Tax year 2024
Assessed value
$6,777,600
Assessed 2024
Previous assessed
$8,290,720
-18.3% YoY
Effective rate
3.52%
On assessed value
Assessed land
$1,366,316
Assessed improvement
$5,411,284
Land market value
$3,415,790
Improvement market value
$13,528,210
Total market value
$16,944,000
Applied tax rate
8.0000
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
1996
Heating
NONE
Total area
126,924 SF
Lot
7.71 ac (335,817 SF)
Zoning code
GC/O&I
APN
20020900200
UPID
US22-2000392
Jurisdiction
COBB
Zoning & alternative use
GC/O&I · Kennesaw, GA
Zoning GC/O&I · permitted uses
GC/O&I · Kennesaw, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kennesaw. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$17.5M
AUTO REPAIR, GARAGE
Est. value
$25.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$24.9M
OFFICE BUILDING Current
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
1996
Heating
NONE
Lot
7.71 ac
Current owner
From public records · entity-resolved
Rss Csmc2021 Adv De Aur LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1660 999TH HASTINGS VANCOUVER ST W BC
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2024
$63,000,000
Rss Csmc2021 Adv De Aur LLC
Rss Csmc2021 Adv De Aur LLC
Deed
related
—
Jul 19, 2021
—
Adventus Us Realty 8 LP
—
Deed
related
$350,000,000 · Column Financial INC
Jan 28, 2016
—
Adventus Us Realty 8 LP
P & L Barrett LP
Quit Claim Deed
related
—
Jan 28, 2016
$49,750,000
Adventus Us Realty 8 LP
P & L Barrett LP
Grant Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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