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Property profile & analytics
OFF-MARKET
Estimated value
$2,025,000
Strip malls
2851 Cobb NW Pkwy Kennesaw, GA 30152-2716
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0726474
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Total area
15,150 SF
Lot
2.04 ac (88,862 SF)
Zoning code
HGB
APN
20014001370
UPID
US22-0726474
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
-
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.03M
Owner & transaction history
Pkp Properties LLC · 8 yrs held
Pkp Properties LLC
since 2018
7 recorded transactions
Zoning & alternative use
HGB · Kennesaw, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.3M
+11.2%
Apartment house (5+ units)
$3.2M
+9.1%
Auto repair, garage
$3.0M
+1.6%
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
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
Blend value · Realmo final
$2.03M
Range $1.82M – $2.23M · ±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
$134 / 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
$36,559
Tax year 2024
Assessed value
$1,212,560
Assessed 2024
Previous assessed
$1,173,600
+3.3% YoY
Effective rate
3.02%
On assessed value
Assessed land
$479,796
Assessed improvement
$732,764
Land market value
$1,199,490
Improvement market value
$1,831,910
Total market value
$3,031,400
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2003
Heating
NONE
Total area
15,150 SF
Lot
2.04 ac (88,862 SF)
Zoning code
HGB
APN
20014001370
UPID
US22-0726474
Jurisdiction
COBB
Zoning & alternative use
HGB · Kennesaw, GA
Zoning HGB · permitted uses
HGB · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.0M
RETAIL STORES
Est. value
$3.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
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
2003
Heating
NONE
Lot
2.04 ac
Current owner
From public records · entity-resolved
Pkp Properties LLC
Entity
Free & Clear · 8 yrs held
Mailing address
2721 COTTESFORD DR SE, SMYRNA, GA 30080-2186
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2018
—
Pkp Properties LLC
Adhp Real Estate Georgia LLC
Quit Claim Deed
related
—
Feb 13, 2018
$1,999,000
Covalasco Properties LLC
Pkp Properties LLC
Grant Deed
$1,763,000 · Wells Fargo Bk
Dec 19, 2017
—
Pkp Properties LLC
—
Deed
related
$250,000 · Branch Bk&tr
Dec 21, 2016
$951,000
Pkp Properties LLC
Adhp Real Estate Georgia LLC
Grant Deed
$651,000 · Adhp Real Estate Georgia LLC
Oct 14, 2011
$1,250,000
Adhp Real Estate Georgia LLC
Us Bank NA 2005-pwr10
Grant Deed
—
Oct 12, 2005
$3,570,000
Kings Crossing Investments LLC
Lee,yon J
Grant Deed
$2,610,900 · Principal Commercial Funding
Oct 6, 2005
$3,570,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Sep 24, 2004
$2,957,500
Yon J Lee
Kings Crossing Management LLC
Grant Deed
$2,400,000 · Regions Bank
—
—
Pkp Properties LLC
—
Deed Of Trust
related
$250,000 · Branch Bk&tr
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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