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    2585 Gelding Ct Marietta, GA 30062
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    Property profile & analytics

    2585 Gelding Ct Marietta, GA 30062

    View on Map
    • Commercial real estate
    • 11.76 lot acres
    Off-Market
    Property ID
    US22-0645478
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2585 Gelding Ct

    Lot size
    11.76 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 11.76-acre property in Marietta, Georgia, offers a prime development opportunity. Zoned R20, it's the largest single parcel of this zoning recently available in East Cobb. Located near Mount Bethel Christian Academy (currently undergoing extensive renovations) and just nine miles from Truist Park (Braves Stadium), this land presents significant potential. An extensive due diligence package is available, showcasing pre-development work already completed. The property boasts existing infrastructure including a cleared area with paddocks, an irrigated arena, and an eight-stall barn with various outbuildings. There's also the potential to add an additional seven acres, further enhancing development possibilities. The completion of a $72 million high school renovation in 2025 is projected to increase long-term property value. Water and sewer lines are readily accessible, simplifying utility connections. The property's location offers both privacy and proximity to amenities, making it an ideal site for residential development or a mixed-use project. The existing structures could be repurposed or removed to suit the chosen development plan. This unique offering presents a rare chance to capitalize on the growth and desirability of East Cobb. The property is conveniently located in Cobb County, Georgia, with the address being 2585 Gelding Ct, Marietta, GA 30062.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.4796728
    Latitude
    34.0078133

    Comparable in this City

    • $4,000,000
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      Land For Sale in Marietta

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    • $300,000
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      Marietta Land in Walton District

      2.6 acre lot in Walton High School District.
      2422 Salem Dr NE, Marietta, GA 30062
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    • $3,000,000
      5.00 Acres

      5 Acres in East Cobb

      Undeveloped land in a desirable location with endless potential.
      4580 Roswell Rd, Marietta, GA 30062
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    • $190,000

      Marietta Land at Highway 120

      Commercial land with retail zoning at Highway 120 and Barnes Mill.
      928 North Springdale Dr, Marietta, GA 30062
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    • $420,000
      0.93 Acres

      East Cobb Homesite Opportunity

      0.93 acre homesite in Walton High School district.
      Holly Springs Rd, Marietta, GA 30062
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    • New
      $274,900
      1.03 Acres

      Marietta Land: Build Your Dream

      Private 1.03 acre lot in desirable Marietta area.
      3836 Wesley Chapel Rd, Marietta, GA 30062
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    Similar Nearby for Sale

    • $4,000,000
      Pending

      Land For Sale in Marietta

      Land available for purchase in Marietta, Georgia.
      2760 Hembree Rd, Marietta, GA 30062
      View Details
    • $300,000
      2.60 Acres

      Marietta Land in Walton District

      2.6 acre lot in Walton High School District.
      2422 Salem Dr NE, Marietta, GA 30062
      View Details
    • $3,000,000
      5.00 Acres

      5 Acres in East Cobb

      Undeveloped land in a desirable location with endless potential.
      4580 Roswell Rd, Marietta, GA 30062
      View Details
    • $190,000

      Marietta Land at Highway 120

      Commercial land with retail zoning at Highway 120 and Barnes Mill.
      928 North Springdale Dr, Marietta, GA 30062
      View Details
    • $420,000
      0.93 Acres

      East Cobb Homesite Opportunity

      0.93 acre homesite in Walton High School district.
      Holly Springs Rd, Marietta, GA 30062
      View Details
    • New
      $274,900
      1.03 Acres

      Marietta Land: Build Your Dream

      Private 1.03 acre lot in desirable Marietta area.
      3836 Wesley Chapel Rd, Marietta, GA 30062
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Marietta Retail Space For Lease

      Retail and restaurant spaces available in shadow-anchored Marietta center.
      1401 Johnson Ferry Rd, Marietta, GA 30062
      View Details
    • Contact for pricing

      Marietta Retail Space Available

      Retail space for rent in a well-located Marietta area.
      2424 Roswell Rd, Marietta, GA 30062
      View Details
    • $24 SF/Yr

      Modern Office Building on Roswell

      Four-story office building with modern finishes and excellent visibility.
      2265 Roswell Rd, Marietta, GA 30062
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    • $1,000 /Mo
      2,134 SF

      Marietta Office Space Available

      Small office space suitable for various professional services.
      4343 Shallowford Rd, Marietta, GA 30062
      View Details
    • $475 /Mo
      43,560 SF

      Marietta Executive Office Suite

      Executive suite for lease with updated interior and exterior.
      1744 Roswell Rd, Marietta, GA 30062
      View Details
    • Contact for pricing

      Retail Center in East Cobb

      205,810 SF retail center in Marietta, GA.
      1355 Roswell Rd, Marietta, GA 30062
      View Details
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    Marietta, GA 30062
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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.

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