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    2851 Cobb NW Pkwy Kennesaw, GA 30152-2716
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    Property profile & analytics

    2851 Cobb NW Pkwy, Kennesaw, GA 30152-2716

    View on Map
    • Strip malls
    • 15,150 SF
    • 2.04 lot acres
    Off-Market
    Property ID
    US22-0726474
    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
    $2,025,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Furrever Fluffy Grooming and Spaw / Pet Grooming Service
    • Chic Dominican Salon / Hair Salon
    • Mirella's Salon / Hair Salon / Nail Salon
    • Ultra Nails & Spa / Nail Salon
    • Ria Money Transfer - Supermercados La Villa / Bank / Credit Union

    Property Details for 2851 Cobb NW Pkwy

    Year built
    2003
    Lot size
    2.04 lot acres
    Zone code
    HGB
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    20014001370
    APU
    20014001370

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $2,970,000
      Current use
      RETAIL STORES
      $3,300,000
      Change: +11% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $3,240,000
      Change: +9% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,015,000
      Change: +2% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Kennesaw
    County
    Cobb
    State
    Georgia
    Longitude
    -84.6277
    Latitude
    34.0223
    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
    $36,559
    $479,796
    $732,764
    $1,212,560
    -
    $1,199,490
    $1,831,910
    $3,031,400

    Comparable in this City

    • Value Estimation
      $1,790,000
      12,932 SF

      3060 Cobb NW Pkwy

      SHOPPING CENTER, STRIP CENTER
      3060 Cobb NW Pkwy, Kennesaw, GA 30152-6577
      View Details
    • Value Estimation
      $1,205,000
      9,000 SF

      3139 Cobb NW Pkwy

      SHOPPING CENTER, STRIP CENTER
      3139 Cobb NW Pkwy, Kennesaw, GA 30152-1012
      View Details
    • Value Estimation
      $1,025,000
      8,975 SF

      3140 Cobb NW Pkwy

      SHOPPING CENTER, STRIP CENTER
      3140 Cobb NW Pkwy, Kennesaw, GA 30152-1003
      View Details
    • Value Estimation
      $5,285,000
      20,350 SF

      3103 Cobb NW Pkwy

      SHOPPING CENTER, STRIP CENTER
      3103 Cobb NW Pkwy, Kennesaw, GA 30152-1004
      View Details
    • Value Estimation
      $10,070,000
      85,679 SF

      2774 Cobb NW Pkwy

      SHOPPING CENTER, STRIP CENTER
      2774 Cobb NW Pkwy, Kennesaw, GA 30152-3469
      View Details
    • Value Estimation
      $1,555,000
      15,091 SF

      1735 Tuscan Hts NW Blvd

      SHOPPING CENTER, STRIP CENTER
      1735 Tuscan Hts NW Blvd, Kennesaw, GA 30152-6800
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Pad Site For Sale

      0.59 acre commercial pad site available for sale.
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    • $134,900
      0.40 Acres

      Kennesaw Vacant Lot For Sale

      Vacant lot in top Cobb County school zone.
      W Pointe Dr, Kennesaw, GA 30152
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    • $175,000
      0.59 Acres

      Residential Land in Kennesaw, GA

      Residential land for sale in an established Kennesaw neighborhood.
      1505 Barksdale Ct NW, Kennesaw, GA 30152
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    • $2,149,900
      12.92 Acres

      Kennesaw Land for Luxury Development

      12.924 +/- acres for development or private estate.
      4493 Due Rd W, Kennesaw, GA 30152
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    • New
      $229,000
      2.90 Acres

      Kennesaw Land with Creek Frontage

      2.86 acres with creek frontage, ideal for homestead.
      3966 Loring Way, Kennesaw, GA 30152
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    • $164,900
      1.03 Acres

      Kennesaw Land: Build Your Dream

      1.02-acre lot near highways, shopping, and top-rated schools.
      3604 Memorial Pkwy NW, Kennesaw, GA 30152
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    Similar Nearby for Lease

    • Contact for pricing

      Prime Retail/Flex Space Available

      Retail/flex space in the heart of Cobb County.
      2953 Cobb Pkwy NW, Kennesaw, GA 30152
      View Details
    • Contact for pricing

      Kennesaw Warehouse with HVAC

      82,913 SF warehouse space with full HVAC system.
      1000 Union Ct, Kennesaw, GA 30152
      View Details
    • Contact for pricing

      Office/Warehouse Building Near US-41

      Multi-tenant office/warehouse building near Cobb International and US-41.
      1000 Cobb International Dr, Kennesaw, GA 30152
      View Details
    • $1,700 /Mo
      1,260 SF

      Kennesaw Office Condo For Rent

      First-floor office condo with five offices, waiting room, and kitchenette.
      1350 Wooten Lake Rd, Kennesaw, GA 30152
      View Details
    • Contact for pricing
      6,858 SF

      Kennesaw Warehouse Space Available

      13,600 SF warehouse space with office in Kennesaw, GA.
      1150 Cobb International Pl NW, Kennesaw, GA 30152
      View Details
    • Contact for pricing

      Kennesaw Warehouse Space Available

      82,913 SF warehouse space for lease in Kennesaw, GA.
      1000 Union Ct, Kennesaw, GA 30152
      View Details

    Property Visit Statistics

    • Visits by month
      11.9k
    • Visitors by month
      7.7k
    • Avg Time on site
      12 min
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    Kennesaw, GA 30152-2716
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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.

    More about this property
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