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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2959 Cherokee NW St Kennesaw, GA 30144-6521

    • Office buildings
    • 9,000 SF
    • 1.19 lot acres
    OFF-MARKET
    Value Estimations
    $1,680,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1744240
    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.

    Current Use by Public Records

    • Edward Jones - Financial Advisor: Ethan D Abernathy / Financial Advisor
    • Edward Jones - Financial Advisor: David G Chabucos, CFP®|CEPA®|CRPS™ / Financial Advisor
    • AT&T U-verse / Telecommunications Service / Data Center
    • Refined Beginnings Counseling, LLC / Crisis Center / Medical Clinic
    • Pell Plumbing Co. Inc. / Plumbing Service / General Contractor

    Property Details for 2959 Cherokee NW St

    Year built
    1999
    Lot size
    1.19 lot acres
    Property size
    9,000 SF
    Zone code
    CBD
    Property type
    Office buildings
    APN
    20013801220
    APU
    20013801220

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,145,000
      6.5%
      $1,980,000
      7%
      $1,835,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,488,000
      Market price range: $914k - $1.67M
      AI Estimate
      $1,574,000
      Market price range: $666k - $1.91M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,240,000
      Current use
      MEDICAL BUILDING
      $2,210,000
      Change: +78% Conversion: Easy
      RETAIL STORES
      $1,960,000
      Change: +58% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $1,925,000
      Change: +55% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,790,000
      Change: +44% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,765,000
      Change: +42% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Kennesaw
    County
    Cobb
    State
    Georgia
    Longitude
    -84.6113
    Latitude
    34.0258
    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
    $17,131
    $199,160
    $369,040
    $568,200
    -
    $497,900
    $922,600
    $1,420,500

    Comparable in this City

    • Value Estimation
      $16,265,000
      126,924 SF

      1701 Barrett Lks NW Blvd

      OFFICE BUILDING • 126,924 SF
      1701 Barrett Lks NW Blvd, Kennesaw, GA 30144-4582
      View Details
    • Value Estimation
      $10,790,000
      101,132 SF

      955 Cobb Pl NW Blvd

      OFFICE BUILDING • 101,132 SF
      955 Cobb Pl NW Blvd, Kennesaw, GA 30144-6802
      View Details
    • Value Estimation
      $6,515,000
      33,660 SF

      1025 Cobb Pl NW Blvd

      OFFICE BUILDING • 33,660 SF
      1025 Cobb Pl NW Blvd, Kennesaw, GA 30144-3672
      View Details
    • Value Estimation
      $5,210,000
      25,314 SF

      1201 Roberts NW Blvd

      OFFICE BUILDING • 25,314 SF
      1201 Roberts NW Blvd, Kennesaw, GA 30144-3693
      View Details
    • Value Estimation by Request
      40,392 SF

      3330 Chastain Mdws NW Pkwy

      OFFICE BUILDING • 40,392 SF
      3330 Chastain Mdws NW Pkwy, Kennesaw, GA 30144-5881
      View Details
    • Value Estimation
      $560,000
      21,500 SF

      1420 Lockhart NW Dr

      OFFICE BUILDING • 21,500 SF
      1420 Lockhart NW Dr, Kennesaw, GA 30144-7824
      View Details

    Similar Nearby for Sale

    • $145,000
      992 SF

      Kennesaw Office Suite For Sale

      Professional office suite in well-maintained Kennesaw office building.
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      View Details
    • Contact for pricing
      9,677 SF

      Turnkey Brewery/Restaurant Facility For Sale

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      1,134 SF

      Kennesaw Office Unit For Sale

      1,134 SF office unit in Kennesaw, Georgia.
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    • $230,000
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      Kennesaw Commercial Office Opportunity

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    • $948,000
      6,406 SF

      Kennesaw Office Warehouse Condo

      6,406 SF office warehouse condo in Kennesaw, Georgia.
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    • $145,000
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      Kennesaw Office Suite For Sale

      Professional office suite in well-maintained building, suitable for investors.
      3440 Blue Springs Rd NW ##103, Kennesaw, GA 30144
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Kennesaw Office Building Near Interstates

      Office suites available for lease near I-75 and I-575.
      1925 Vaughn Rd, Kennesaw, GA 30144
      View Details
    • Contact for pricing

      Kennesaw Office Suites For Rent

      Office suites available in Kennesaw, convenient location.
      3185 Cherokee St NW, Kennesaw, GA 30144
      View Details
    • Contact for pricing

      Kennesaw Office Building Near I-75

      Office suites available for lease near major highways and KSU.
      1925 Vaughn Rd, Kennesaw, GA 30144
      View Details
    • $2,800 /Mo

      Kennesaw, GA 30144

      KENNESAW OFFICE BUILDING FOR LEASE RENT 2 STORY WITH BASEMENT
      Kennesaw, GA 30144
      View Details
    • $18 SF/Yr
      1,132 SF

      COMMERCIAL - Kennesaw, GA

      Move-in ready office suite near I-75, I-575, and KSU.
      1301 Shiloh Rd NW, Kennesaw, GA 30144
      View Details
    • $1,167 /Mo
      1,021 SF

      Kennesaw Office Space For Rent

      Spacious, modern office with ample natural light in Kennesaw.
      3105 Creekside Village Dr, Kennesaw, GA 30144
      View Details
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    2959 Cherokee NW St
    Kennesaw, GA 30144-6521
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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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