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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
2898 Johnson Fry Rd, Marietta, GA 30062-5627
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0320041
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1984
Total area
1,628 SF
Lot
0.81 ac (35,501 SF)
Zoning code
GC
APN
16053900420
UPID
US22-0320041
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
-
Shell Car Wash
-
Luxury Hand Car wash Service LLC Car Wash
-
ATM (Johnson Ferry Shell) Atm
-
East cobb hand car wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tarek Real Estates LLC · 8 yrs held
Tarek Real Estates LLC
since 2018
7 recorded transactions
Zoning & alternative use
GC · Marietta, 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 Marietta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marietta 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$13,330
Tax year 2024
Assessed value
$442,120
Assessed 2024
Previous assessed
$442,120
+0.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$365,160
Assessed improvement
$76,960
Land market value
$912,900
Improvement market value
$192,400
Total market value
$1,105,300
Applied tax rate
9.0000
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
CONVENIENCE STORE
Status
Off-Market
Year built
1984
Heating
NONE
Buildings
2
Total area
1,628 SF
Lot
0.81 ac (35,501 SF)
Zoning code
GC
APN
16053900420
UPID
US22-0320041
Jurisdiction
COBB
Zoning & alternative use
GC · Marietta, GA
Zoning GC · permitted uses
GC · Marietta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marietta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Buildings
2
Lot
0.81 ac
Current owner
From public records · entity-resolved
Tarek Real Estates LLC
Entity
Free & Clear · 8 yrs held
Mailing address
3081 MT OLIVE DR, DECATUR, GA 30033-3027
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2018
—
Tarek Real Estates LLC
—
Deed
related
$778,000 · Peoples Indpnt Bk
Apr 3, 2018
$950,000
Tarek Real Estates LLC
Robertson Partners
Grant Deed
—
Apr 3, 2018
—
Tarek Real Estates LLC
Robertson Partners
Quit Claim Deed
related
—
—
—
Partners Robertson
—
Deed Of Trust
related
$30,000 · Community Bank Of The South
—
—
Robertson Partners
—
Deed Of Trust
related
$30,475 · Community Bank South
—
—
Robertson Partners
—
Deed Of Trust
related
$827,774 · Community Bank South
—
—
Tarek Real Estates LLC
—
Deed Of Trust
related
$778,000 · Peoples Indpnt Bk
—
—
Robertson Partners
—
Deed Of Trust
related
$30,000 · Community Bank South
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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