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Property profile & analytics
OFF-MARKET
Estimated value
$3,775,000
Strip malls
2424 Roswell Rd Marietta, GA 30062-4759
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1706679
Property summary
AI-generated overview
This exceptional retail strip center, located at 2424 Roswell Road in Marietta, Georgia, offers a prime opportunity for businesses seeking high visibility and convenient access. The property boasts a total of 12,027 square feet, with 1,700 square feet currently available for lease. Its strategic location in Cobb County, just east of I-75 and minutes from the vibrant East Cobb area, ensures significant foot traffic and easy accessibility for customers. The property is classified as a multi-tenant strip center, providing a dynamic and collaborative environment for various businesses. The available space presents a blank canvas for a wide range of retail concepts, benefiting from the established presence of other thriving businesses within the center. The 30062 zip code offers a strong demographic profile, making this an ideal location for businesses targeting a diverse customer base. This property is an excellent investment opportunity for those seeking a well-positioned retail space in a thriving community. The convenient access to I-75 provides easy commutes for both employees and customers, further enhancing its appeal. Serious inquiries are encouraged to explore this exceptional retail space.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2001
Total area
12,070 SF
Lot
1.66 ac (72,509 SF)
Zoning code
NRC
APN
16098600340
UPID
US22-1706679
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
-
HearUSA Hearing Aid Store Audiologist
-
Snodental Dental Office
-
Marco's Pizza Restaurant
-
Signature Dry Cleaner (Bike/Boat/Book/etc) Store
-
Morgan Mcdermott Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.96M
CAP Approach
CAP
$2.99M
Comparable Approach
Comparable
$4.21M
Blend (final)
Blend
$3.78M
Owner & transaction history
Houston Bhg LLC · 5 yrs held
Houston Bhg LLC
since 2020
Last sale
$3.7M
1 recorded transaction
Zoning & alternative use
NRC · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$4.5M
+70.5%
Medical building
$2.9M
+9.7%
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
$4,190,000
ML approach
$3,955,000
CAP Approach
CAP Return
Estimation
6%
$3,235,000
6.5%
$2,985,000
7%
$2,770,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,655,000
Current use
WAREHOUSE, STORAGE
$4,530,000
Change: +70% · Conversion: Difficult
MEDICAL BUILDING
$2,915,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$2,655,000
Change: 0% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,290,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$3.78M
Range $3.40M – $4.15M · ±10% · vs last sale $3.65M (Dec 9 2020)
Last sale anchor
$3.65M
Dec 9 2020
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
$313 / 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
$34,974
Tax year 2024
Assessed value
$1,160,000
Assessed 2024
Previous assessed
$1,425,640
-18.6% YoY
Effective rate
3.02%
On assessed value
Assessed land
$610,944
Assessed improvement
$549,056
Land market value
$1,527,360
Improvement market value
$1,372,640
Total market value
$2,900,000
Applied tax rate
9.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2001
Heating
NONE
Total area
12,070 SF
Lot
1.66 ac (72,509 SF)
Zoning code
NRC
APN
16098600340
UPID
US22-1706679
Jurisdiction
COBB
Zoning & alternative use
NRC · Marietta, GA
Zoning NRC · permitted uses
NRC · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$2.9M
RETAIL STORES
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
2001
Heating
NONE
Lot
1.66 ac
Current owner
From public records · entity-resolved
Houston Bhg LLC
Entity
Mailing address
1109 RUSSELL PKWY, WARNER ROBINS, GA 31088-5589
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2020
$3,650,000
Houston Bhg LLC
Upper Roswellie Piedmont Lllp
Limited Warranty Deed
$2,737,500 · Southeast Bank
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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