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Property profile & analytics
OFF-MARKET
Estimated value
$3,000,000
Grocery and convenience stores
2646 George Busbee NW Pkwy Kennesaw, GA 30144-4964
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0957333
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1990
Total area
22,108 SF
Lot
1.99 ac (86,684 SF)
Zoning code
GC
APN
16057900020
UPID
US22-0957333
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
-
Patel Brothers Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.83M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.13M
Blend (final)
Blend
$3.00M
Owner & transaction history
Cobb County Real Estate LLC · 5 yrs held
Cobb County Real Estate LLC
since 2021
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
GC · Kennesaw, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Kennesaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennesaw 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
$2,655,000
ML approach
$2,825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$4,815,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,725,000
Change: -2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,400,000
Change: -9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,330,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$3.00M
Range $2.70M – $3.30M · ±10% · vs last sale $3.20M (May 17 2021)
Last sale anchor
$3.20M
May 17 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
$136 / 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
$30,953
Tax year 2024
Assessed value
$880,600
Assessed 2024
Previous assessed
$879,800
+0.1% YoY
Effective rate
3.51%
On assessed value
Assessed land
$631,512
Assessed improvement
$249,088
Land market value
$1,578,780
Improvement market value
$622,720
Total market value
$2,201,500
Applied tax rate
8.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1990
Heating
NONE
Total area
22,108 SF
Lot
1.99 ac (86,684 SF)
Zoning code
GC
APN
16057900020
UPID
US22-0957333
Jurisdiction
COBB
Zoning & alternative use
GC · Kennesaw, GA
Zoning GC · permitted uses
GC · Kennesaw, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kennesaw. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.7M
AUTO REPAIR, GARAGE
Est. value
$4.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.3M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1990
Heating
NONE
Lot
1.99 ac
Current owner
From public records · entity-resolved
Cobb County Real Estate LLC
Entity
Free & Clear · 5 yrs held
Mailing address
8110 SAINT LOUIS AVE, SKOKIE, IL 60076-2925
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2021
$3,195,000
Cobb County Real Estate LLC
Anshasi Properties INC
Limited Warranty Deed
—
Feb 28, 2019
—
Anshasi Properties INC
—
Deed
related
$1,275,000 · Quantum National Bank
May 11, 2018
—
Anshasi Properties INC
Quantum Natl Bk
Quit Claim Deed
related
—
Apr 3, 2018
—
Anshasi Properties INC
—
Deed
related
$3,050,000 · Quantum Nat'l Bk
May 29, 2012
$1,012,300
Anshasi Properties INC
Kennesaw Bay LP
Grant Deed
$775,000 · Quantum Nat'l Bk
Nov 4, 2004
$2,000,000
Kennesaw Bay LP
Toy R Us Delaware INC
Grant Deed
$1,700,000 · Southtrust Bank NA
—
—
Anshasi Properties INC
—
Loan Modification
related
$361,596 · Quantum Nat'l Bk
—
—
Anshasi Properties INC
—
Deed Of Trust
related
$3,050,000 · Quantum Nat'l Bk
—
—
Kennesaw Bay LP
—
Deed Of Trust
related
$2,500,000 · Wells Fargo 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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