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Property profile & analytics
FOR LEASE
Strip malls
2980 Cobb Pkwy SE Atlanta, GA 30339
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0858696
For Lease
1 / 2
$6,340,000
2980 Cobb Pkwy SE, Atlanta, GA 30339
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1984
Total area
44,657 SF
Lot
3.44 ac (149,976 SF)
Zoning code
GC
APN
17094800240
UPID
US22-0858696
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
-
FedEx Drop Box Postal Service Courier Service
-
Navy Federal Credit Union Credit Union
-
Pizza Hut Restaurant
-
Urgent Dental Care A&G Dental Office
-
uBreakiFix - Phone and Computer Repair Tech Support Center IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.34M
Owner & transaction history
Fitzwil Properties Cumberland Cgw L · 3 yrs held
Fitzwil Properties Cumberland Cgw L
since 2022
4 recorded transactions
Zoning & alternative use
GC · Atlanta, 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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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
RETAIL STORES
$10,015,000
Change: -18% · Conversion: Easy
INDUSTRIAL (GENERAL)
$9,955,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$6.34M
Range $5.71M – $6.97M · ±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
$142 / 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
$164,849
Tax year 2024
Assessed value
$4,384,280
Assessed 2024
Previous assessed
$4,380,000
+0.1% YoY
Effective rate
3.76%
On assessed value
Assessed land
$2,264,372
Assessed improvement
$2,119,908
Land market value
$5,660,930
Improvement market value
$5,299,770
Total market value
$10,960,700
Applied tax rate
7.0000
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
For Lease
Year built
1984
Heating
NONE
Total area
44,657 SF
Lot
3.44 ac (149,976 SF)
Zoning code
GC
APN
17094800240
UPID
US22-0858696
Jurisdiction
COBB
Zoning & alternative use
GC · Atlanta, GA
Zoning GC · permitted uses
GC · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$10.0M
INDUSTRIAL (GENERAL)
Est. value
$10.0M
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1984
Heating
NONE
Lot
3.44 ac
Current owner
From public records · entity-resolved
Fitzwil Properties Cumberland Cgw L
Entity
Mailing address
1230 PEACHTREE ST NE STE #800, ATLANTA, GA 30309-7536
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2022
—
Fitzwil Properties Cumberland Cgw L
Fitzwil Properties Cumberland LLC
Intrafamily Transfer
related
—
Dec 22, 2020
—
Wilmer Investment Co LLC
Charles I Wilmer
Quit Claim Deed
related
—
Oct 14, 2013
—
Fitzwil Props Cumberland LLC
Wilmer,mary C F
Quit Claim Deed
related
—
—
—
Promenade Assoc
—
Deed Of Trust
related
$5,750,000 · Key Bank NA
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?”
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