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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Medical Office Space
2748 Watts NW Dr Kennesaw, GA 30144-2721
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US22-1644432
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1995
Total area
5,136 SF
Lot
0.51 ac (22,002 SF)
Zoning code
GC
APN
20013900850
UPID
US22-1644432
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
-
Depew Orthodontics Dental Office
-
Dr. Donald D. Depew, DMD Dental Office
-
Dr. Doug Depew Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
2748 Watts Drive LLC · 8 yrs held
2748 Watts Drive LLC
since 2018
7 recorded transactions
Zoning & alternative use
GC · Kennesaw, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The GC district is established to provide locations for retail commercial and service uses which are oriented toward diverse range businesses that are service and product intensive with a need for major road access and visibility.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
184.02 ac
Source
Realmo
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,100,000
Change: -13% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,020,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±10%
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
$129 / 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
$9,184
Tax year 2024
Assessed value
$304,624
Assessed 2024
Previous assessed
$304,624
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$68,184
Assessed improvement
$236,440
Land market value
$170,460
Improvement market value
$591,100
Total market value
$761,560
Applied tax rate
3.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1995
Heating
NONE
Total area
5,136 SF
Lot
0.51 ac (22,002 SF)
Zoning code
GC
APN
20013900850
UPID
US22-1644432
Jurisdiction
COBB
Zoning & alternative use
GC · Kennesaw, GAZoning GC · permitted uses
GC · Kennesaw, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The GC district is established to provide locations for retail commercial and service uses which are oriented toward diverse range businesses that are service and product intensive with a need for major road access and visibility.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
184.02 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1995
Heating
NONE
Lot
0.51 ac
Current owner
From public records · entity-resolved
2748 Watts Drive LLC
Entity
Mailing address
2748 WATTS DR NW, KENNESAW, GA 30144-2721
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2018
—
2748 Watts Drive LLC
—
Deed
related
$300,000 · Synovus Bk/fl
Aug 2, 2011
—
2748 Watts Drive LLC
—
Trustees Deed
related
$250,000 · Bank Of North Georgia
—
—
2748 Watts Drive LLC
—
Deed Of Trust
related
$250,000 · Bank Of North Ga
—
—
2748 Watts Drive LLC
—
Loan Modification
related
$203,669 · Bank Of North Ga
—
—
2748 Watts Drive LLC
—
Loan Modification
related
$266,459 · Bank Of North Ga
—
—
2748 Watts Drive LLC
—
Deed Of Trust
related
$241,873 · Bank Of North Georgia
—
—
2748 Watts Drive LLC
—
Deed Of Trust
related
$300,000 · Synovus Bk/fl
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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