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Property profile & analytics
OFF-MARKET
Estimated value
$2,545,000
Medical Office Space
211 Chicopee NE Dr Marietta, GA 30060-1269
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-1735799
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1978
Total area
11,917 SF
Lot
1.2 ac (52,172 SF)
Zoning code
OI
APN
16107300960
UPID
US22-1735799
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
-
North Cobb Orthopedic & Sports Physician
-
Dr. Alfred O. Colquitt III, MD Physician
-
Mc Quail Thomas M MD Physician
-
Quentin L. Jenkins, PA Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.82M
CAP Approach
CAP
$2.66M
Comparable Approach
Comparable
$2.82M
Blend (final)
Blend
$2.55M
Owner & transaction history
Rg London II LLC · 4 yrs held
Rg London II LLC
since 2022
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
OI · Marietta, 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 Marietta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marietta 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
$2,525,000
ML approach
$2,815,000
CAP Approach
CAP Return
Estimation
6%
$2,880,000
6.5%
$2,660,000
7%
$2,470,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,880,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,625,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$2.55M
Range $2.29M – $2.80M · ±10% · vs last sale $2.50M (Mar 1 2022)
Last sale anchor
$2.50M
Mar 1 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
$214 / 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
$7,597
Tax year 2024
Assessed value
$898,020
Assessed 2024
Previous assessed
$898,020
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$364,140
Assessed improvement
$533,880
Land market value
$910,350
Improvement market value
$1,334,700
Total market value
$2,245,050
Applied tax rate
4.0000
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
Year built
1978
Heating
NONE
Total area
11,917 SF
Lot
1.2 ac (52,172 SF)
Zoning code
OI
APN
16107300960
UPID
US22-1735799
Jurisdiction
COBB
Zoning & alternative use
OI · Marietta, GA
Zoning OI · permitted uses
OI · Marietta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marietta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
MEDICAL BUILDING Current
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
1978
Heating
NONE
Lot
1.2 ac
Current owner
From public records · entity-resolved
Rg London II LLC
Entity
Mailing address
PO BOX 467732, ATLANTA, GA 31146-7732
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2025
—
Rc London II LLC
—
Deed
related
$3,900,000 · Ameris Bank
Nov 30, 2023
—
Rg London II LLC
—
Deed
related
$2,500,000 · Bier-co Bridge Finance I LLC
Mar 1, 2022
$2,500,000
Rg London II LLC
Chitale Real Estate LLC
Limited Warranty Deed
$3,230,000 · Osprey Capital Income Fund LLC
Mar 1, 2022
—
Rg London II LLC
Chitale Real Estate LLC
Quit Claim Deed
related
—
Jun 29, 2016
—
Chitale Real Estate LLC
—
Deed
related
$1,131,471 · Iberiabank
Jul 19, 2011
—
Chitale Real Estate LLC
Moore & Chitale LLC
Quit Claim Deed
$1,435,000 · Georgia Commerce Bank
Dec 29, 2006
$895,000
Moore & Chitale LLC
Frey,john S III
Warranty Deed
$1,375,000 · Ironstone Bank
Dec 29, 2006
$772,000
John S Frey III
Knox,john D JR
Warranty Deed
—
—
—
Chitale Real Estate LLC
—
Deed Of Trust
related
$1,131,471 · Iberiabank
—
—
Chitale Real Estate LLC
—
Deed Of Trust
related
$1,150,000 · Georgia Commerce Bank
—
—
Chitale Real Estate LLC
—
Deed Of Trust
related
$989,950 · Iberiabank
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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