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Property profile & analytics
FOR LEASE
Strip malls
3246 Atlanta Rd SE Smyrna, GA 30080
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-1210961
For Lease
1 / 3
Contact for pricing
3246 Atlanta Rd SE, Smyrna, GA 30080
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Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Total area
10,920 SF
Lot
0.97 ac (42,272 SF)
Zoning code
NS
APN
17062900110
UPID
US22-1210961
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 Dental & Headache Center Dental Office
-
Yongsa Martial Arts Training Center Sports School
-
HEALTHY IN 3D Physician
-
Michael Family Chiropractic Alternative Medicine Practice
-
Jamie Michael, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.70M
Owner & transaction history
3246 Atlanta LLC · 3 yrs held
3246 Atlanta LLC
since 2022
Last sale
$6.4M
7 recorded transactions
Zoning & alternative use
NS · Smyrna, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent in establishing the NS district is to provide for the development of planned shopping centers and related limited retail activities, designed to serve the immediate neighborhood
Zone name
Neighborhood Shopping
General category
COMMERCIAL
Zone area
53.07 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$9.0M
+321.6%
Restaurant
$5.4M
+151.1%
Warehouse, storage
$4.1M
+91.5%
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
$6,785,000
ML approach
$7,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,020,000
Change: +322% · Conversion: Easy
RESTAURANT
$5,375,000
Change: +151% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,100,000
Change: +92% · Conversion: Difficult
Blend value · Realmo final
$6.70M
Range $6.03M – $7.36M · ±10% · vs last sale $6.44M (Oct 18 2022)
Last sale anchor
$6.44M
Oct 18 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
$613 / 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
$30,092
Tax year 2024
Assessed value
$1,107,960
Assessed 2024
Previous assessed
$1,106,840
+0.1% YoY
Effective rate
2.72%
On assessed value
Assessed land
$260,824
Assessed improvement
$847,136
Land market value
$652,060
Improvement market value
$2,117,840
Total market value
$2,769,900
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2008
Heating
NONE
Total area
10,920 SF
Lot
0.97 ac (42,272 SF)
Zoning code
NS
APN
17062900110
UPID
US22-1210961
Jurisdiction
COBB
Zoning & alternative use
NS · Smyrna, GAZoning NS · permitted uses
NS · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent in establishing the NS district is to provide for the development of planned shopping centers and related limited retail activities, designed to serve the immediate neighborhood
Zone name
Neighborhood Shopping
General category
COMMERCIAL
Zone area
53.07 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$9.0M
RESTAURANT
Est. value
$5.4M
WAREHOUSE, STORAGE
Est. value
$4.1M
COMMERCIAL (GENERAL)
RESTAURANT
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
2008
Heating
NONE
Lot
0.97 ac
Current owner
From public records · entity-resolved
3246 Atlanta LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3246 ATLANTA RD SE, SMYRNA, GA 30080-8200
Mailing matches property
Yes
Owner-occupied
Yes
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
Oct 18, 2022
$3,300,000
3246 Atlanta LLC
Pmat Smyrna LLC
Limited Warranty Deed
—
Oct 18, 2022
$6,435,000
3246 Atlanta LLC
Loyal Trust Bank
Deed
—
Oct 18, 2022
—
3246 Atlanta LLC
Pmat Smyrna LLC
Quit Claim Deed
related
—
Jun 7, 2017
—
3246 Atlanta Road LLC
—
Deed
related
$6,715,000 · Citizens Bank
Nov 14, 2016
$1,930,000
3246 Atlanta Road LLC
Flf-1 Atlanta Creatwood LLC
Grant Deed
$1,569,100 · Piedmont Bk
Jun 10, 2009
$823,142
Alpha Bank & Trust
Atlanta Creatwood LLC
Trustees Deed
related
—
Apr 18, 2006
$925,000
Atlanta Creatwood LLC
Coleman,daniel A
Grant Deed
$857,000 · Integrity 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.
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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