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Property profile & analytics
OFF-MARKET
Estimated value
$27,975,000
Medical Office Space
187 Chastain NW Rd Kennesaw, GA 30144-3010
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4566856
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Lot
3.9 ac (170,061 SF)
Zoning code
O&I
APN
16042800700
UPID
US22-4566856
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
-
Amy Varner, MD Physician
-
Michael Chu Physician
-
James Roth, MD Pediatrician Physician
-
Piedmont Physicians of Kennesaw Medical Clinic
-
Dr Leonel Kahn MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$27.98M
Owner & transaction history
187 Chastain Road Owner LLC · 4 yrs held
187 Chastain Road Owner LLC
since 2022
Last sale
$28.1M
2 recorded transactions
Zoning & alternative use
O&I · Kennesaw, GA
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
$27,720,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$27.98M
Range $25.18M – $30.77M · ±10% · vs last sale $28.10M (Jan 18 2022)
Last sale anchor
$28.10M
Jan 18 2022
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
—
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
$158,646
Tax year 2024
Assessed value
$4,513,400
Assessed 2024
Previous assessed
$4,509,000
+0.1% YoY
Effective rate
3.51%
On assessed value
Assessed land
$518,504
Assessed improvement
$3,994,896
Land market value
$1,296,260
Improvement market value
$9,987,240
Total market value
$11,283,500
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Lot
3.9 ac (170,061 SF)
Zoning code
O&I
APN
16042800700
UPID
US22-4566856
Jurisdiction
COBB
Zoning & alternative use
O&I · Kennesaw, GAZoning O&I · permitted uses
O&I · Kennesaw, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Home - City of Kennesaw
Building & site characteristics
From public records
Lot
3.9 ac
Current owner
From public records · entity-resolved
187 Chastain Road Owner LLC
Entity
Mailing address
5404 WISCONSIN AVE STE #1150, CHEVY CHASE, MD 20815-3596
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2022
—
187 Chastain Road Owner LLC
Plsq Chastain LP
Quit Claim Deed
related
$25,000 · Capital One Bank NA
Jan 18, 2022
$28,100,000
187 Christain Road Owner LLC
Plsq Chastain LP
Limited Warranty Deed
—
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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