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Property profile & analytics
OFF-MARKET
Estimated value
$10,100,000
Medical Office Space
340 Kennestone Hospital Blvd, Marietta, GA 30060-1152
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US22-1334910
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Total area
61,455 SF
Lot
0.5 ac (21,780 SF)
Zoning code
OI
APN
16107501000
UPID
US22-1334910
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
-
Wellstar Imaging Services 699 church st Medical Clinic
-
Wellstar Palliative Medicine Medical Clinic
-
Wellstar Kennestone Cancer Center Medical Clinic
-
Erika E. Hammond, PA Physician
-
Rebecca L. Sizemore, MSW Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.71M
Comparable Approach
Comparable
$6.74M
Blend (final)
Blend
$10.10M
Owner & transaction history
Kcc 340 Kennestone LLC · 8 yrs held
Kcc 340 Kennestone LLC
since 2018
2 recorded transactions
Zoning & alternative use
OI · Marietta, 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 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%
$14,850,000
6.5%
$13,710,000
7%
$12,730,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$14,845,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$13,530,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$10.10M
Range $9.09M – $11.11M · ±10%
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
$164 / 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
$51,503
Tax year 2024
Assessed value
$6,087,800
Assessed 2024
Previous assessed
$6,087,800
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed improvement
$6,087,800
Improvement market value
$15,219,500
Total market value
$15,219,500
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Heating
NONE
Total area
61,455 SF
Lot
0.5 ac (21,780 SF)
Zoning code
OI
APN
16107501000
UPID
US22-1334910
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
MEDICAL BUILDING Current
Est. value
$14.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.5M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
Heating
NONE
Lot
0.5 ac
Current owner
From public records · entity-resolved
Kcc 340 Kennestone LLC
Entity
Mailing address
PO BOX 92129, GRAPEVINE, TX 76092-0102
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2018
$15,226,900
Kcc 340 Kennestone LLC
Kennestone Cancer Center LP
Grant Deed
related
$10,551,718 · Miscellaneous Ins Co
—
—
Kennestone Cancer Center LP
—
Deed Of Trust
related
$11,000,000 · Miscellaneous Ins Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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