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    Property profile & analytics

    2500 Cobb NW Pkwy Kennesaw, GA 30152-3495

    • Community centers
    • 33,062 SF
    • 2.50 lot acres
    OFF-MARKET
    Last Sale
    Feb 28, 2025
    $3,162,500
    Value Estimations
    $2,945,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0812334
    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

    • Kennesaw Crossings Shopping Center / Shopping Center & Mall
    • Goodwill Thrift Store & Donation Center / Discount Store
    • Kennesaw Mountain Veterinary Services / Veterinary Clinic
    • Specialty restaurant group / Restaurant
    • Lily Ann Cabinets / General Contractor / Renovation Specialist

    Property Details for 2500 Cobb NW Pkwy

    Year built
    1989
    Lot size
    2.50 lot acres
    Property size
    33,062 SF
    Zone code
    GC
    Property type
    Community centers
    APN
    20016700570
    APU
    20016700570

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,515,000
      ML approach
      $2,490,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,391,000
      Market price range: $2.71M - $9.93M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kennesaw
    County
    Cobb
    State
    Georgia
    Longitude
    -84.6136
    Latitude
    34.0151
    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
    $36,904
    $323,460
    $900,540
    $1,224,000
    -
    $808,650
    $2,251,350
    $3,060,000

    Comparable in this City

    • Value Estimation
      $2,545,000
      16,860 SF

      1975 Cobb NW Pkwy

      MINI-MALL • 16,860 SF
      1975 Cobb NW Pkwy, Kennesaw, GA 30152-4503
      View Details
    • Value Estimation
      $2,805,000
      33,734 SF

      2500 Cobb NW Pkwy

      MINI-MALL • 33,734 SF
      2500 Cobb NW Pkwy, Kennesaw, GA 30152-3495
      View Details
    • Value Estimation
      $580,000
      4,209 SF

      1930 Cobb NW Pkwy

      MINI-MALL • 4,209 SF
      1930 Cobb NW Pkwy, Kennesaw, GA 30152-4504
      View Details
    • Value Estimation
      $7,450,000
      65,849 SF

      1580 Crater Lk NW Dr

      MINI-MALL • 65,849 SF
      1580 Crater Lk NW Dr, Kennesaw, GA 30152-5004
      View Details
    • Value Estimation
      $12,190,000
      96,277 SF

      1300 Ernest W Barrett NW Pkwy

      MINI-MALL • 96,277 SF
      1300 Ernest W Barrett NW Pkwy, Kennesaw, GA 30152-5007
      View Details
    • Value Estimation
      $10,070,000
      85,679 SF

      2774 Cobb NW Pkwy

      SHOPPING CENTER, STRIP CENTER • 85,679 SF
      2774 Cobb NW Pkwy, Kennesaw, GA 30152-3469
      View Details

    Similar Nearby for Sale

    • $1,300,000
      2,826 SF

      Clock Tower Carwash: Kennesaw, GA

      Profitable Car Wash Business - High ROI Potential
      3182 Cobb Pkwy, Kennesaw, GA 30152
      View Details
    • $164,900
      1.03 Acres

      Kennesaw Land: Build Your Dream

      1.02-acre lot near highways, shopping, and top-rated schools.
      3604 Memorial Pkwy NW, Kennesaw, GA 30152
      View Details
    • $150,000
      0.68 Acres

      Residential Lot in Kennesaw, GA

      Residential lot with utilities in the Harrison High School district.
      4362 Rolling Oaks Ct NW, Kennesaw, GA 30152
      View Details
    • $262,000

      Move-In Ready Townhome Near I-75

      Convenient Kennesaw townhome with fenced yard, appliances included.
      2168 Del Lago Cir NW, Kennesaw, GA 30152
      View Details
    • $995,000
      9.00 Acres

      Kennesaw Land with Creek Frontage

      9-acre land parcel with creek frontage near Marietta, Kennesaw.
      3971 Loring Way NW, Kennesaw, GA 30152
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    • $139,900
      0.40 Acres

      Kennesaw Vacant Lot For Sale

      Vacant lot in top Cobb County school zone.
      W Pointe Dr, Kennesaw, GA 30152
      View Details

    Similar Nearby for Lease

    • $60,000
      600 SF

      Cobb Parkway Retail Opportunity

      Prime Kennesaw location, high visibility.
      3057 Cobb Pkwy, Kennesaw, GA 30152
      View Details
    • Contact for pricing
      6,413 SF

      Acworth Retail Space For Lease

      Prime Cobb Parkway location, 6,413 SF.
      3285 Cobb Pkwy, Kennesaw, GA 30152
      View Details
    • Contact for pricing
      9,050 SF

      Kennesaw Retail Space For Lease

      Prime Cobb County retail land, multiple tenants.
      3103 Cobb Pkwy, Kennesaw, GA 30152
      View Details
    • $20 SF/Yr
      24,160 SF

      Mack Dobbs Pointe Retail Center

      Kennesaw, GA retail space available
      2953 Cobb Pkwy, Kennesaw, GA 30152
      View Details
    • Contact for pricing
      13,600 SF

      Kennesaw Warehouse Space Available

      13,600 SF warehouse space with office in Kennesaw, GA.
      1150 Cobb International Pl NW, Kennesaw, GA 30152
      View Details
    • New
      $1,700 /Mo
      1,260 SF

      Kennesaw Office Condo For Rent

      First-floor office condo with five offices, waiting room, and kitchenette.
      1350 Wooten Lake Rd, Kennesaw, GA 30152
      View Details

    Property Visit Statistics

    • Visits by month
      18.7k
    • Visitors by month
      15.2k
    • Avg Time on site
      35 min
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    Kennesaw, GA 30152-3495
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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