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Property profile & analytics

2015 Vaughn Rd NW Kennesaw, GA 30144

  • Office buildings
  • 46,232 SF
  • 4.93 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US22-1367605
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Lisa Ade / Physician
  • Excel Electrical Technologies / Electrical Service / General Contractor
  • Selectek, Inc. / Employment Agency
  • Kennesaw Home Remodeling / Hardware & Home Improvement / Interior Design
  • Advance Me Inc / Loan Service

Property Details for 2015 Vaughn Rd NW

Year built
2001
Lot size
4.93 lot acres
Property size
46,232 SF
Zone code
LI
Property type
Office buildings
APN
20017300550
APU
20017300550

Description

This exceptional 28-acre industrial property in Kennesaw, Georgia, presents a unique investment opportunity. The Park at Barrett comprises four existing one-story flex office buildings totaling 187,373 square feet, currently at 77.82% occupancy. Approximately 41,563 square feet of vacant space is available across the four buildings (100, 300, 400, and 500). The property also includes 5.93 acres of pad-ready land, complete with existing parking, stormwater, and utility infrastructure. Zoned for Light Industrial, allowing for office or flex uses, this versatile property offers significant potential for expansion and development. Located within the Town Center Community Improvement District (CID), it benefits from a thriving community with over 24,000 employees and 11,000 residents. Its strategic location offers excellent connectivity to Interstates 75, 575, and is approximately 10 miles from I-285, providing easy access to major transportation routes. The asking price is $32,500,000, and both land and buildings are available for separate purchase. Pad-ready concepts are available for a 36,000 square foot office building or a 24,000 square foot flex building. This property is ideally situated adjacent to Cobb County International Airport, making it an attractive location for businesses seeking convenient access to air travel. The property is classified as Class B and the lease type is NNN with multi-tenancy.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $11,005,000
    6.5%
    $10,160,000
    7%
    $9,435,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $7,048,000
    Market price range: $4.70M - $8.58M
    AI Estimate
    $7,453,000
    Market price range: $3.42M - $9.81M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $6,370,000
    Current use
    MEDICAL BUILDING
    $11,355,000
    Change: +78% Conversion: Easy
    RETAIL STORES
    $10,075,000
    Change: +58% Conversion: Moderate
    APARTMENT HOUSE (5+ UNITS)
    $9,880,000
    Change: +55% Conversion: Easy
    AUTO REPAIR, GARAGE
    $9,200,000
    Change: +44% Conversion: Difficult
    NEIGHBORHOOD: SHOPPING CENTER
    $9,060,000
    Change: +42% Conversion: Difficult

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Location Insight

  • Map
  • Local Demand
City
Kennesaw
County
Cobb
State
Georgia
Longitude
-84.5866
Latitude
34.0105
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$94,551
$402,692
$2,287,228
$2,689,920
-
$1,006,730
$5,718,070
$6,724,800
More about this property
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