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Property profile & analytics
OFF-MARKET Estimated value $19,715,000
Strip malls

2960 Shallowford Rd Marietta, GA 30066-3094

118,464 SF 15.73 ac lot Built 1997
Individually Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US22-1516721
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1997
Total area 118,464 SF
Lot 15.73 ac (685,199 SF)
Zoning code CRC
APN 16038600080
UPID US22-1516721
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
  • Kroger Grocery & Convenience Store Food Market
  • Sandy Plains Centre Shopping Center & Mall
  • Bob Steele Salon - Marietta Hair Salon Nail Salon
  • Bob Steele Salon East Cobb Hair Salon
  • Reveille Cafe Sandy Plains Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$19.72M
Owner & transaction history
Ivt Sandy Plains Centre Mariet · 7 yrs held
Ivt Sandy Plains Centre Mariet
since 2018
1 recorded transaction
2018
$44.2M
Zoning & alternative use
CRC · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CRC Community Retail Commercial 708.16 (PDF) RRC Regional Retail Commercial 708.17 (PDF) CBD Central Business District 708.18 (PDF) PCD Planned Commercial Development 708.19 (PDF) MXD Mixed-Use Development 708.20 (PDF) OIT Office Institution Transitional 708.21 (PDF) LRO Low-Rise Office 708.22 (PDF) OI Office Institutional 708.23 (PDF) OS Office Services 708…

Zone name Community Retail Commercial
General category COMMERCIAL
Zone area 1,912.47 ac
Top alternative use upside
Medical building $28.6M +9.7%
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