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

    3324 Canton Rd Marietta, GA 30066-2680

    • Banks
    • 3,360 SF
    • 1.08 lot acres
    OFF-MARKET
    Last Sale
    Aug 15, 2024
    $825,000
    Value Estimations
    $960,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1433115
    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.

    Current Use by Public Records

    • SouthState Bank / Bank

    Property Details for 3324 Canton Rd

    Year built
    2003
    Lot size
    1.08 lot acres
    Property size
    3,360 SF
    Zone code
    LRO
    Property type
    Banks
    APN
    16042100280
    APU
    16042100280

    Description

    This 3,124-square-foot freestanding building, located at 3324 Canton Road in Marietta, Georgia, is available for lease. Previously a bank, this single-tenant flex space offers a unique opportunity in a prime location. The property features a drive-thru, a bank vault, and some existing office furniture. The building is in excellent condition and is zoned LRO (Low Rise Office) by Cobb County. Conveniently situated on Canton Road, a major thoroughfare, this property provides easy access to Interstate 75 and benefits from the surrounding mix of residential and commercial areas. The property is connected to the sewer system. The lease is structured as a NNN lease, with the tenant responsible for exterior maintenance, taxes, insurance, and utilities. Rent concessions may be considered based on the tenant's credit and offer terms. The property's address is 3324 Canton Rd, Marietta, GA 30066, and is situated in the northern part of Marietta within Cobb County. This area offers a suburban feel with nearby shopping, restaurants, and parks. The property presents a compelling opportunity for businesses seeking a well-maintained, conveniently located space with unique features.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $825,000
      ML approach
      $825,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,357,000
      Market price range: $925k - $2.74M

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

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5273
    Latitude
    34.0326
    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
    $11,965
    $145,052
    $251,800
    $396,852
    -
    $362,630
    $629,500
    $992,130

    Comparable in this City

    • Value Estimation
      $570,000
      4,407 SF

      3601 Sandy Plns Rd

      FINANCIAL BUILDING • 4,407 SF
      3601 Sandy Plns Rd, Marietta, GA 30066-3019
      View Details
    • Value Estimation
      $275,000
      0.34 Acres

      830 Old Piedmont Rd

      FINANCIAL BUILDING • 0.34 Acres
      830 Old Piedmont Rd, Marietta, GA 30066-5490
      View Details
    • Value Estimation
      $1,610,000
      4,920 SF

      4701 Sound

      FINANCIAL BUILDING • 4,920 SF
      4701 Sound, Marietta, GA 30066
      View Details
    • Value Estimation
      $1,725,000
      3,314 SF

      2743 Chastain Mdws Pkwy

      FINANCIAL BUILDING • 3,314 SF
      2743 Chastain Mdws Pkwy, Marietta, GA 30066-3361
      View Details
    • Value Estimation
      $675,000
      5,363 SF

      2998 Shallowford Rd

      FINANCIAL BUILDING • 5,363 SF
      2998 Shallowford Rd, Marietta, GA 30066-3033
      View Details
    • Value Estimation
      $2,045,000
      4,021 SF

      1901 Sandy Plns Rd

      FINANCIAL BUILDING • 4,021 SF
      1901 Sandy Plns Rd, Marietta, GA 30066-6555
      View Details

    Similar Nearby for Sale

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      Prime Marietta Retail Investment

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      Marietta Land For Sale

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      Marietta Office Suites For Sale

      Renovated office suites in Marietta, suitable for various businesses.
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    • $850,000
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      Prime Land For Development

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    Similar Nearby for Lease

    • $12 SF/Yr
      16,110 SF

      High-Visibility Retail/Office Space Available

      Freestanding building with ample parking and excellent location.
      2568 Canton Rd, Marietta, GA 30066
      View Details
    • Contact for pricing

      Retail Space Near Town Center

      Retail spaces available in Marietta near Town Center at Cobb.
      125 Ernest W Barrett Pkwy Northwest, Marietta, GA 30066
      View Details
    • Contact for pricing
      4,700 SF

      Retail Space in Kroger-Anchored Center

      Retail space available in a high-visibility, Kroger-anchored shopping center.
      3595 Canton Rd, Marietta, GA 30066
      View Details
    • Contact for pricing
      326,683 SF

      Marietta Retail Center - Prime Location

      High-traffic retail space, multiple units available.
      50 Barrett Pkwy, Marietta, GA 30066
      View Details
    • Contact for pricing
      2,429 SF

      Former Restaurant Space For Lease

      Restaurant space available for lease with curb cuts on Canton Road.
      2929 Canton Rd, Marietta, GA 30066
      View Details
    • Contact for pricing

      Retail Center Near Walmart

      Retail spaces available near I-575 and Walmart.
      2465-2505 Chastain Meadows Pkwy, Marietta, GA 30066
      View Details
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    Marietta, GA 30066-2680
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    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
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