Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    320 Riverside Pkwy Austell, GA 30168-7246

    Property Lookup

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

    320 Riverside Pkwy Austell, GA 30168-7246

    View on Map
    • Strip malls
    • 18,096 SF
    • 1.30 lot acres
    Off-Market
    Last Sale Jan 24, 2022
    $270,000
    Property ID
    US22-0691974
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kindred Barber and Beauty Academy / Vocational School / Training Center
    • COVER TO COVER SUITES / Hair Salon / Nail Salon
    • Xavier Hair Extreme / Barber Shop
    • Iglesia Pentecostal Escuadron del Dios de Israel / Church
    • Blast Learning Academy / Daycare Center / Foster Care Service

    Property Details for 320 Riverside Pkwy

    Year built
    2008
    Lot size
    1.30 lot acres
    Property size
    18,096 SF
    Zone code
    GC
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    18059100130
    APU
    18059100130

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Austell
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5642
    Latitude
    33.7772
    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
    $11,539
    $99,892
    $243,024
    $342,916
    -
    $249,730
    $607,560
    $857,290

    Comparable in this City

    • Value Estimation
      $1,080,000
      32,000 SF

      411 Maxham Rd

      SHOPPING CENTER, STRIP CENTER • 32,000 SF
      411 Maxham Rd, Austell, GA 30168-2903
      View Details
    • Value Estimation by Request
      9,000 SF

      181 Maxham Rd

      SHOPPING CENTER, STRIP CENTER • 9,000 SF
      181 Maxham Rd, Austell, GA 30168-5510
      View Details
    • Value Estimation
      $3,030,000
      11,820 SF

      356 Riverside Pkwy

      SHOPPING CENTER, STRIP CENTER • 11,820 SF
      356 Riverside Pkwy, Austell, GA 30168-7325
      View Details
    • Value Estimation by Request
      1.23 Acres

      Riverside Pkwy

      SHOPPING CENTER, STRIP CENTER • 1.23 Acres
      Riverside Pkwy, Austell, GA 30168
      View Details
    • Value Estimation by Request
      7,818 SF

      10020 Veterans Memorial SW Hwy

      SHOPPING CENTER, STRIP CENTER • 7,818 SF
      10020 Veterans Memorial SW Hwy, Austell, GA 30168-4731
      View Details
    • Value Estimation
      $615,000
      11,850 SF

      393 Maxham Rd

      SHOPPING CENTER, STRIP CENTER • 11,850 SF
      393 Maxham Rd, Austell, GA 30168-5539
      View Details

    Similar Nearby for Sale

    • $16,180,913

      16.36 Acre Leased Parking Lot

      16.36-acre parking lot 100% leased to FedEx.
      7805 White Rd SW, Austell, GA 30168
      View Details
    • $6,500,000

      Profitable Liquor Store with Expansion Potential

      Established liquor store with office space and growth opportunities.
      530 Maxham Rd, Austell, GA 30168
      View Details
    • $16,180,913
      100,000 SF

      16.36 Acre Parking Lot

      Parking lot in industrial corridor, leased to FedEx.
      7805 White Rd, Austell, GA 30168
      View Details
    • $700,000
      2,268 SF

      Renovated Mixed-Use Property, Austell

      Recently renovated mixed-use property suitable for various business options.
      2307 Veterans Memorial Hwy SW, Austell, GA 30168
      View Details
    • $16,180,913

      16.36 Acre Parking Lot

      Parking lot 100% leased to FedEx with 7-year WALT.
      7805 White Rd, Austell, GA 30168
      View Details
    • Contact for pricing

      Industrial Property in Cobb County

      Industrial zoned property for sale in Cobb County, Georgia.
      1010 White Rd, Austell, GA 30168
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Multi-Tenant Facility Near I-20

      Multi-tenant facility available for rent, close to I-20.
      7110 Oak Ridge Pkwy, Austell, GA 30168
      View Details
    • Contact for pricing

      Industrial Building Ready For Occupancy

      115,650 SF front-load industrial building in Cobb County.
      7555 Factory Shoals Rd, Austell, GA 30168
      View Details
    • Contact for pricing

      Freestanding Drive-Through Building in Mableton

      6,300 SF industrial building with truck maintenance pit.
      6694 Oak Ridge Commerce Way, Mableton, GA 30168
      View Details
    • Contact for pricing

      Industrial Space Near I-20W

      11,000 SF industrial space with dock and drive-in doors.
      6758 Oak Ridge Commerce Way, Austell, GA 30168
      View Details
    • Contact for pricing

      Industrial Building Ready For Occupancy

      115,650 SF industrial building available for immediate occupancy.
      7555 Factory Shoals Rd, Austell, GA 30168
      View Details
    • Contact for pricing

      Freestanding Building with Drive-Through

      Freestanding building with drive-through in Southwest Cobb County.
      6694 Oak Ridge Commerce Way, Mableton, GA 30168
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    320 Riverside Pkwy
    Austell, GA 30168-7246
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!