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Property profile & analytics
OFF-MARKET
Estimated value
$2,110,000
Turn key restaurants
3396 Cobb NW Pkwy, Acworth, GA 30101-8304
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1083573
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2006
Total area
4,184 SF
Lot
1.21 ac (52,664 SF)
Zoning code
C2/R-7
APN
20010800400
UPID
US22-1083573
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
-
Steak 'n Shake Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$2.11M
Owner & transaction history
Tw Aeworth Cobb Pkwy LLC · 5 yrs held
Tw Aeworth Cobb Pkwy LLC
since 2021
Last sale
$2.1M
5 recorded transactions
Zoning & alternative use
C2/R-7 · Acworth, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Acworth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Acworth 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
$2,225,000
ML approach
$2,475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,060,000
Current use
OFFICE BUILDING
$1,810,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$2.11M
Range $1.90M – $2.32M · ±10% · vs last sale $2.13M (Jun 22 2021)
Last sale anchor
$2.13M
Jun 22 2021
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
$504 / 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
$20,412
Tax year 2024
Assessed value
$677,028
Assessed 2024
Previous assessed
$677,028
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$440,188
Assessed improvement
$236,840
Land market value
$1,100,470
Improvement market value
$592,100
Total market value
$1,692,570
Applied tax rate
1.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2006
Heating
NONE
Total area
4,184 SF
Lot
1.21 ac (52,664 SF)
Zoning code
C2/R-7
APN
20010800400
UPID
US22-1083573
Jurisdiction
COBB
Zoning & alternative use
C2/R-7 · Acworth, GA
Zoning C2/R-7 · permitted uses
C2/R-7 · Acworth, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Acworth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.8M
RESTAURANT Current
OFFICE BUILDING
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
2006
Heating
NONE
Lot
1.21 ac
Current owner
From public records · entity-resolved
Tw Aeworth Cobb Pkwy LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2923 CRES AVE, BIRMINGHAM, AL 35209-2521
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2021
$2,125,000
Tw Aeworth Cobb Pkwy LLC
Oreof19 Br LLC
Special Warranty Deed
—
Oct 15, 2020
$1,000,000
Oreof19 Br LLC
Richport Net Lease LLC
Limited Warranty Deed
$53,300,000 · Cibc Bank USA
Feb 19, 2016
$2,995,300
Blueroad Net Lease LLC
Brauvin Net Lease LLC
Grant Deed
—
Jul 10, 2008
$1,694,000
Brauvin Net Lease LLC
Steak N Shake Operations INC
Grant Deed
—
Jul 1, 2008
$1,693,969
Brauvin Net Lease LLC
Steak,n Shake Operations I
Grant Deed
—
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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