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Property profile & analytics
OFF-MARKET
Estimated value
$1,155,000
Turn key restaurants
2005 Cobb NW Pkwy, Kennesaw, GA 30152-4523
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-0652130
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1988
Total area
2,838 SF
Lot
1.02 ac (44,431 SF)
Zoning code
RM-8
APN
20020700180
UPID
US22-0652130
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
-
Martin's Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.16M
Owner & transaction history
Svc Abs LLC · 3 yrs held
Svc Abs LLC
since 2023
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
RM-8 · Kennesaw, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$830,000
ML approach
$1,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±10% · vs last sale $1.39M (Feb 24 2023)
Last sale anchor
$1.39M
Feb 24 2023
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
$407 / 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
$10,079
Tax year 2024
Assessed value
$334,300
Assessed 2024
Previous assessed
$334,300
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$248,300
Assessed improvement
$86,000
Land market value
$620,750
Improvement market value
$215,000
Total market value
$835,750
Applied tax rate
3.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1988
Heating
NONE
Total area
2,838 SF
Lot
1.02 ac (44,431 SF)
Zoning code
RM-8
APN
20020700180
UPID
US22-0652130
Jurisdiction
COBB
Zoning & alternative use
RM-8 · Kennesaw, GA
Zoning RM-8 · permitted uses
RM-8 · 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.
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Lot
1.02 ac
Current owner
From public records · entity-resolved
Svc Abs LLC
Entity
Mailing address
PO BOX 56607, ATLANTA, GA 30343-0607
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2023
—
Svc Abs LLC
Svcn 3 LLC
Intrafamily Transfer
related
$610,200,000 · Citibank NA
Jan 3, 2018
—
Spirit Master Funding III LLC
—
Deed
related
$2,388,313 · Citibank
Mar 14, 2006
$1,390,794
Spirit Master Funding III LLC
Martins Asset Hldgs LLC
Grant Deed
—
Feb 28, 2006
$1,390,794
Spirit Master Funding III LLC
Martins Asset Holdings LLC
Grant Deed
related
—
—
—
Spirit Master Funding III LLC
—
Loan Modification
related
$2,388,313 · Citibank
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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