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Property profile & analytics
OFF-MARKET
Estimated value
$1,850,000
Retail space
3181 Cobb SE Dr Smyrna, GA 30080-4113
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1212238
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1973
Total area
4,000 SF
Lot
0.41 ac (17,990 SF)
Zoning code
GC
APN
17041300270
UPID
US22-1212238
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
-
Smyrna Cobb Package (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.85M
Owner & transaction history
Main St 30101 LLC · 3 yrs held
Main St 30101 LLC
since 2022
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
GC · Smyrna, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.5M
+62.3%
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$2,265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,500,000
Change: +62% · Conversion: Difficult
Blend value · Realmo final
$1.85M
Range $1.67M – $2.04M · ±10% · vs last sale $1.90M (Sep 28 2022)
Last sale anchor
$1.90M
Sep 28 2022
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
$463 / 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
$7,647
Tax year 2024
Assessed value
$281,560
Assessed 2024
Previous assessed
$281,280
+0.1% YoY
Effective rate
2.72%
On assessed value
Assessed land
$111,080
Assessed improvement
$170,480
Land market value
$277,700
Improvement market value
$426,200
Total market value
$703,900
Applied tax rate
6.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1973
Heating
NONE
Total area
4,000 SF
Lot
0.41 ac (17,990 SF)
Zoning code
GC
APN
17041300270
UPID
US22-1212238
Jurisdiction
COBB
Zoning & alternative use
GC · Smyrna, GA
Zoning GC · permitted uses
GC · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$1.5M
WAREHOUSE, STORAGE
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
1973
Heating
NONE
Lot
0.41 ac
Current owner
From public records · entity-resolved
Main St 30101 LLC
Entity
Mailing address
PO BOX 4196, ALPHARETTA, GA 30023-4196
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2022
—
Main St 30101 LLC
—
Deed
related
$3,072,600 · Capstar Bank
Sep 28, 2022
$1,900,000
Main St 30101 LLC
Vn Property Investment LLC
Limited Warranty Deed
$2,950,000 · Capstar Bank
Mar 11, 2019
$776,000
Vn Property Investment LLC
Socobb Package LLC
Grant Deed
$1,434,000 · Metro Cty Bk
Feb 17, 2014
—
South Cobb Package LLC
Nail Tek INC
Quit Claim Deed
related
—
Jan 2, 2014
$435,000
Nail Tek INC
First Intercontinental Bk
Grant Deed
$304,500 · First Intercontinental Bk
Aug 21, 2013
$891,843
Intercontinental Bk First
Young Kim Ents INC
Trustees Deed
related
—
Aug 10, 2005
$1,200,000
Young Kim Ents INC
Smyrnas USA INC
Grant Deed
$1,305,000 · First Intercontinental Bank
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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