Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2778 Broad St Austell, GA 30106-3204
    Back to Search
    Property profile & analytics

    2778 Broad St, Austell, GA 30106-3204

    View on Map
    • Retail space
    • 1,925 SF
    • 0.05 lot acres
    Off-Market
    Property ID
    US22-4731922
    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

    • Posh Event Boutique / Hotel & Motel / Resort
    • Lume House Studio / (Bike/Boat/Book/etc) Store / Photography Service

    Property Details for 2778 Broad St

    Year built
    1938
    Lot size
    0.05 lot acres
    Zone code
    CBD
    Property type
    Retail space
    APN
    18002500360
    APU
    18002500360

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 16, 2023 — Invest Austell LLC — Deed · related $150k · Westside Bank
    Mar 6, 2018 $116,000 Invest Austell LLC Suggs,michael T & Michael V Grant Deed $104k · Iberia Bk
    Mar 6, 2018 — Invest Austell LLC Suggs,michael T & Michael V Quit Claim Deed · related —
    Jan 17, 2006 $110,000 Michael T Suggs Fordham,willis Warranty Deed $103k · Willis Fordham

    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
    Austell
    County
    Cobb
    State
    Georgia
    Longitude
    -84.6347
    Latitude
    33.8138
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $799
    $16,912
    $25,808
    $42,720
    -
    $42,280
    $64,520
    $106,800

    Comparable in this City

    • Value Estimation by Request
      3,112 SF

      2744 Broad St

      RETAIL STORES (PERSONAL SERVICES)
      2744 Broad St, Austell, GA 30106-3200
      View Details
    • Value Estimation by Request
      2,070 SF

      3226 Oak St

      RETAIL STORES (PERSONAL SERVICES)
      3226 Oak St, Austell, GA 30106-2616
      View Details
    • Value Estimation
      $585,000
      3,960 SF

      2255 Ew Connector

      RETAIL STORES (PERSONAL SERVICES)
      2255 Ew Connector, Austell, GA 30106-8187
      View Details
    • Value Estimation by Request
      3,900 SF

      2762 Broad St

      RETAIL STORES (PERSONAL SERVICES)
      2762 Broad St, Austell, GA 30106
      View Details
    • Value Estimation by Request
      2,200 SF

      5772 Mulberry St

      RETAIL STORES (PERSONAL SERVICES)
      5772 Mulberry St, Austell, GA 30106-3308
      View Details
    • Value Estimation by Request
      486 SF

      2766 Broad St

      RETAIL STORES (PERSONAL SERVICES)
      2766 Broad St, Austell, GA 30106-3204
      View Details

    Similar Nearby for Sale

    • $330,000

      Remodeled Commercial Building on Corner Lot

      Freestanding 800 SF commercial building on 0.86-acre corner lot.
      3230 Oak St, Austell, GA 30106
      View Details
    • $330,000

      Renovated Commercial Building on Corner Lot

      Fully renovated commercial building on 0.86-acre corner lot.
      3230 Oak St, Austell, GA 30106
      View Details
    • $220,000
      964 SF

      Austell Commercial Property: Prime Location

      Downtown Austell, High Growth Potential
      2755 Joe Jerkins Blvd, Austell, GA 30106
      View Details
    • Contact for pricing
      35,694 SF

      Cobb County Industrial Land Parcel

      0.82 acre site with heavy industrial zoning.
      3985 Ewing Rd, Austell, GA 30106
      View Details
    • Contact for pricing
      Pending

      Established Day Care Facility

      Established day care facility in a high growth area.
      2081 Mesa Valley Way, Austell, GA 30106
      View Details
    • Contact for pricing

      Land For Sale

      17.1 acres of land available for purchase.
      3260 Clay Rd, Austell, GA 30106
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      East West Shopping Center Space

      Office and retail spaces in a high-growth area.
      2495 East -West Connector, Austell, GA 30106
      View Details
    • $10 SF/Yr

      Retail Space in Austell Plaza

      Retail and restaurant spaces available for lease in Austell, Georgia.
      5055 Austell Rd, Austell, GA 30106
      View Details
    • $10 SF/Yr

      Austell Plaza Retail Opportunity

      Retail spaces available in Austell Plaza shopping center.
      5055 Austell Rd, Austell, GA 30106
      View Details
    • Contact for pricing

      Prime Retail Space in Austell

      23,500 SF retail space with high visibility.
      1757 West Connector East, Austell, GA 30106
      View Details
    • Contact for pricing

      Retail Space Near WellStar Hospital

      Retail property with high visibility and excellent access.
      3999 Austell Rd, Austell, GA 30106
      View Details
    • Contact for pricing

      Retail Center Anchored by Onelife

      85,565 SF retail center in affluent Atlanta community.
      1025 East -West Connector, Austell, GA 30106
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2778 Broad St
    Austell, GA 30106-3204
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2778 Broad St, Austell, GA, 30106
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!