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Property profile & analytics
FOR LEASE
Office Spaces
324 Cherokee St NE Marietta, GA 30060
Entity Owned
Absentee Owner
Free & Clear
Property ID
US22-1187439
For Lease
1 / 19
$1,303/Mo
324 Cherokee St NE, Marietta, GA 30060
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1985
Total area
4,320 SF
Lot
0.09 ac (4,000 SF)
Zoning code
OI
APN
16114601010
UPID
US22-1187439
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
-
W Frank Ward PC Law Firm
-
Beard William T Law Firm
-
ComForCare Home Care Cobb County Home Health Care Service
-
Kosty William CPA Accounting Firm Tax Preparation
-
Beard Steven L Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$950k
Comparable Approach
Comparable
$676k
Blend (final)
Blend
$725k
Owner & transaction history
Chicken Coup Holdings LLC
Chicken Coup Holdings LLC
since 2026
Last sale
$730,000
6 recorded transactions
Zoning & alternative use
OI · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+53.5%
Neighborhood: shopping center
$950,000
+39.9%
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 Marietta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marietta 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%
$1,030,000
6.5%
$950,000
7%
$880,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$680,000
Current use
MEDICAL BUILDING
$1,045,000
Change: +54% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$950,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$675,000
Change: -1% · Conversion: Easy
RETAIL STORES
$630,000
Change: -7% · Conversion: Moderate
AUTO REPAIR, GARAGE
$580,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$725k
Range $653k – $798k · ±10% · vs last sale $730k (Feb 5 2026)
Last sale anchor
$730k
Feb 5 2026
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
$168 / 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
$2,017
Tax year 2024
Assessed value
$238,404
Assessed 2024
Previous assessed
$207,304
+15.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$47,840
Assessed improvement
$190,564
Land market value
$119,600
Improvement market value
$476,410
Total market value
$596,010
Applied tax rate
4.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
For Lease
Year built
1985
Heating
NONE
Total area
4,320 SF
Lot
0.09 ac (4,000 SF)
Zoning code
OI
APN
16114601010
UPID
US22-1187439
Jurisdiction
COBB
Zoning & alternative use
OI · Marietta, GA
Zoning OI · permitted uses
OI · Marietta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marietta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$680,000
MEDICAL BUILDING
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$950,000
COMMERCIAL (GENERAL)
Est. value
$675,000
RETAIL STORES
Est. value
$630,000
AUTO REPAIR, GARAGE
Est. value
$580,000
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1985
Heating
NONE
Lot
0.09 ac
Current owner
From public records · entity-resolved
Chicken Coup Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1579 MONROE DR NEF133, ATLANTA, GA 30324-5039
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2026
—
Chicken Coup Holdings LLC
Servisfirst Bank
Quitclaim Deed
related
—
Feb 5, 2026
$730,000
Old East Properties LLC
Chicken Coup Holdings LLC
Deed
$620,500 · Banksouth
Feb 11, 2025
—
Servisfirst Bank
Chicken Coup II Re LLC
Deed
—
Apr 8, 2021
—
Chicken Coup Holdings LLC
—
Deed
related
$10,000,000 · Pacific Premier Bank
Feb 7, 2019
—
Chicken Coup Holdings LLC
—
Deed
related
$9,308,000 · Pacific Premier Bank
Apr 28, 2015
$463,500
Chicken Coup Holdings LLC
Beard,steven L
Warranty Deed
related
$416,500 · Hamilton St Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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