Property profile

2508 Piedmont Rd Marietta, GA 30062

OFF-MARKET
Retail properties & Spaces
Property ID
US22-4108848
4,576 SF 0.08 ac lot
Individually Owned 4-yr Hold
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Property summary

AI-generated overview

This exceptional 4,576 square foot retail property, situated on a 0.075-acre lot at 2508 E Piedmont Rd in Marietta, GA 30062, presents a compelling redevelopment opportunity. Currently vacant, this storefront building boasts a highly visible location in affluent East Cobb, near Sandy Plains Rd, offering excellent access to the new East Cobb Walk mixed-use development (formerly Sprayberry Crossing). This development will feature 102 townhomes, 132 senior apartments, and additional retail and office space, ensuring significant future foot traffic and increased visibility. The property's NS (Neighborhood Shopping) zoning allows for diverse uses, making it ideal for a variety of businesses, including quick-service restaurants (QSR) with drive-through capabilities, medical offices, or general retail establishments. The previous tenant was a nail salon and spa. This prime location in East Cobb, known for its charming neighborhoods, top-rated schools, and thriving culinary and shopping scene, offers unparalleled potential for growth and return on investment. The asking price is $2,500,000. Detailed information is available in the Offering Memorandum.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,576 SF
Lot 0.08 ac (3,267 SF)
UPID US22-4108848

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Hair Salon Nail Salon

Location

2508 Piedmont Rd Marietta, GA 30062
Marietta metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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