Property profile

1945 1st Dr Marietta, GA 30062

OFF-MARKET
Investment properties
Property ID
US22-1080595
3,006 SF 1 ac lot Built 1955
Entity Owned 9-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1955
Total area 3,006 SF
Lot 1 ac (43,560 SF)
Zoning code OI
APN 16063000340
UPID US22-1080595

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Counselor

Location

1945 1st Dr Marietta, GA 30062-1711
Marietta metro Census 30509 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
$610k
Comparable Approach Comparable
$411k
Blend (final) Blend
$360k

Owner & transaction history

since 2017
7 recorded transactions
2019
Price N/A
2017
Price N/A
2016
$310,000
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

OI · Marietta, GA
Zoning description

OI Office Institutional 708.23 (PDF) OS Office Services 708.24 (PDF) OHR Office High-Rise 708.25 (PDF) LI Light Industrial 708.26 (PDF) HI Heavy Industrial 708.27 (PDF) PID Planned Industrial Development 708.28 (PDF) RRX…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Medical building $725,000 +27.4%
Neighborhood: shopping center $660,000 +16.1%
Retail stores $660,000 +16.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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