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Property profile & analytics
OFF-MARKET
Estimated value
$3,870,000
Day care centers
2531 Piedmont Rd Marietta, GA 30062-1733
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1757624
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1991
Total area
10,303 SF
Lot
2.14 ac (93,393 SF)
Zoning code
NS/OI
APN
16062900270
UPID
US22-1757624
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
-
Primrose School of East Cobb at Sprayberry Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.55M
Blend (final)
Blend
$3.87M
Owner & transaction history
Sprayberry Realco LLC · 4 yrs held
Sprayberry Realco LLC
since 2021
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
NS/OI · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.6M
+134.4%
Warehouse, storage
$3.9M
+62.9%
Medical building
$2.5M
+4.8%
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
$4,280,000
ML approach
$4,220,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$2,375,000
Current use
RESTAURANT
$5,565,000
Change: +134% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,865,000
Change: +63% · Conversion: Difficult
MEDICAL BUILDING
$2,490,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$3.87M
Range $3.48M – $4.26M · ±10% · vs last sale $3.65M (Sep 21 2021)
Last sale anchor
$3.65M
Sep 21 2021
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
$376 / 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
$33,085
Tax year 2024
Assessed value
$1,097,348
Assessed 2024
Previous assessed
$1,097,348
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$639,708
Assessed improvement
$457,640
Land market value
$1,599,270
Improvement market value
$1,144,100
Total market value
$2,743,370
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1991
Heating
NONE
Total area
10,303 SF
Lot
2.14 ac (93,393 SF)
Zoning code
NS/OI
APN
16062900270
UPID
US22-1757624
Jurisdiction
COBB
Zoning & alternative use
NS/OI · Marietta, GA
Zoning NS/OI · permitted uses
NS/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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$2.4M
RESTAURANT
Est. value
$5.6M
WAREHOUSE, STORAGE
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$2.5M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RESTAURANT
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1991
Heating
NONE
Lot
2.14 ac
Current owner
From public records · entity-resolved
Sprayberry Realco LLC
Entity
Mailing address
15 E PUTNAM AVE #268, GREENWICH, CT 06830-5424
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2021
$3,650,000
Sprayberry Realco LLC
Sprayberry Kids LLC
Limited Warranty Deed
$1,965,000 · Td Bank NA
Sep 21, 2021
—
Primrose School Franchising Spe LLC
Sprayberry Opco LLC
Assignment Of Lease (leasehold Sale)
$1,404,000 · Capital Partners Certified Development C
Feb 7, 2020
—
Sprayberry Kids LLC
Bk Meadows
Quit Claim Deed
related
—
Jun 13, 2019
—
Sprayberry Kids LLC
—
Deed
related
$1,517,796 · Meadows Bk
Jul 16, 2018
—
Sprayberry Kids LLC
—
Deed
related
$1,517,795 · Meadows Bk
Dec 6, 2017
—
Sprayberry Kids LLC
—
Trustees Deed
related
$157,500 · Meadows Bk
May 9, 2014
—
Sprayberry Kids LLC
San Marco Venture LLC
Quit Claim Deed
related
$668,000 · Georgia Small Busn Cap
Jun 25, 2008
—
San Marco Venture LLC
D & B Childcare INC
Quit Claim Deed
related
—
—
—
Sprayberry Kids LLC
—
Deed Of Trust
related
$1,517,796 · Meadows Bk
—
—
Sprayberry Kids LLC
—
Deed Of Trust
related
$836,400 · Meadows Bk
—
—
Sprayberry Kids LLC
—
Deed Of Trust
related
$21,000 · Timothy R Price
—
—
Sprayberry Kids LLC
—
Loan Modification
related
$1,517,795 · Meadows Bk
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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