Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,530,000
Strip malls
2920 George Busbee NW Pkwy 2950 Kennesaw, GA 30144-4819
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1220533
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2001
Total area
9,940 SF
Lot
1.03 ac (44,997 SF)
Zoning code
CRC/WS
APN
16050700220
UPID
US22-1220533
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
-
Cavale' Salon Hair Salon Nail Salon
-
Cake 2 Taste Bakery Specialty Food Shop
-
Automotive Services Kennesaw GA Corporate Office
-
The Hotbox ATL (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
DANCE Julian Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.64M
CAP Approach
CAP
$2.46M
Comparable Approach
Comparable
$2.62M
Blend (final)
Blend
$3.53M
Owner & transaction history
Sgm North Town Center Commons LLC · 4 yrs held
Sgm North Town Center Commons LLC
since 2021
Last sale
$4.4M
3 recorded transactions
Zoning & alternative use
CRC/WS · Kennesaw, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.8M
+147.6%
Warehouse, storage
$3.7M
+91.5%
Medical building
$2.4M
+25.4%
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
$3,660,000
ML approach
$3,640,000
CAP Approach
CAP Return
Estimation
6%
$2,660,000
6.5%
$2,460,000
7%
$2,280,000
Alternative Use
Use
Estimation
RESTAURANT
$4,820,000
Change: +148% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,730,000
Change: +92% · Conversion: Difficult
MEDICAL BUILDING
$2,440,000
Change: +25% · Conversion: Difficult
RETAIL STORES
$2,165,000
Change: +11% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,125,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$3.53M
Range $3.18M – $3.88M · ±10% · vs last sale $4.40M (Aug 27 2021)
Last sale anchor
$4.40M
Aug 27 2021
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
$355 / 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
$32,331
Tax year 2024
Assessed value
$919,800
Assessed 2024
Previous assessed
$718,400
+28.0% YoY
Effective rate
3.52%
On assessed value
Assessed land
$278,540
Assessed improvement
$641,260
Land market value
$696,350
Improvement market value
$1,603,150
Total market value
$2,299,500
Applied tax rate
8.0000
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
2001
Heating
NONE
Total area
9,940 SF
Lot
1.03 ac (44,997 SF)
Zoning code
CRC/WS
APN
16050700220
UPID
US22-1220533
Jurisdiction
COBB
Zoning & alternative use
CRC/WS · Kennesaw, GA
Zoning CRC/WS · permitted uses
CRC/WS · 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
RESTAURANT
Est. value
$4.8M
WAREHOUSE, STORAGE
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$2.4M
RETAIL STORES
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
RESTAURANT
WAREHOUSE, STORAGE
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2001
Heating
NONE
Lot
1.03 ac
Current owner
From public records · entity-resolved
Sgm North Town Center Commons LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2001 E HILLSIDE DR LOT #1, BLOOMINGTON, IN 47401-6692
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2021
—
Sgm North Town Center Commons LLC
J C K Properties LLC
Quit Claim Deed
related
—
Aug 27, 2021
$4,400,000
Sgm North Town Center Commons LLC
J C K Properties LLC
Limited Warranty Deed
—
—
—
J C K Properties LLC
—
Deed Of Trust
related
$2,500,000 · American Equity Inv Life Ins
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2920 George Busbee NW Pkwy, Unit 2950?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
