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Property profile & analytics
OFF-MARKET
Estimated value
$1,635,000
Grocery and convenience stores
3400 Busbee NW Dr Kennesaw, GA 30144-5596
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1071712
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1998
Total area
4,145 SF
Lot
1.44 ac (62,509 SF)
Zoning code
GC/WS
APN
16043200010
UPID
US22-1071712
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
-
Chevron Car Wash
-
Bitcoin Depot | Bitcoin ATM Crypto Atm Atm
-
ATM (ATM Link, Inc.) Atm
-
Circle K Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.62M
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.64M
Owner & transaction history
Chastain LLC 150 · 2 yrs held
Chastain LLC 150
since 2024
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
GC/WS · Kennesaw, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.6M
+91.5%
Medical building
$1.0M
+25.4%
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 Kennesaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennesaw 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
$1,620,000
ML approach
$1,620,000
CAP Approach
CAP Return
Estimation
6%
$1,110,000
6.5%
$1,025,000
7%
$950,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,555,000
Change: +92% · Conversion: Difficult
MEDICAL BUILDING
$1,020,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$1.64M
Range $1.47M – $1.80M · ±10% · vs last sale $1.95M (Apr 29 2021)
Last sale anchor
$1.95M
Apr 29 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
$394 / 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
$24,754
Tax year 2024
Assessed value
$704,248
Assessed 2024
Previous assessed
$704,248
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$499,148
Assessed improvement
$205,100
Land market value
$1,247,870
Improvement market value
$512,750
Total market value
$1,760,620
Applied tax rate
8.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1998
Heating
NONE
Total area
4,145 SF
Lot
1.44 ac (62,509 SF)
Zoning code
GC/WS
APN
16043200010
UPID
US22-1071712
Jurisdiction
COBB
Zoning & alternative use
GC/WS · Kennesaw, GA
Zoning GC/WS · permitted uses
GC/WS · Kennesaw, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kennesaw. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.0M
WAREHOUSE, STORAGE
MEDICAL 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
1998
Heating
NONE
Lot
1.44 ac
Current owner
From public records · entity-resolved
Chastain LLC 150
Entity
Mailing address
1575 NORTHSIDE DR NW STE, ATLANTA, GA 30318-4235
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2024
—
Chastain LLC 150
Gas Express LLC
Correction Deed
related
$4,800,000 · Promiseone Bank
Apr 29, 2021
$1,950,000
Chastain LLC
Gas Express LLC
Limited Warranty Deed
$2,390,000 · Promiseone Bank
Apr 29, 2021
—
Chastain LLC
Gas Express LLC
Quit Claim Deed
related
—
Jan 13, 2021
$1,890,000
Gas Express LLC
Argonaut Associates Ltd
Grant Deed
—
Oct 16, 2020
—
Chastain LLC 150
—
Deed
related
$1,305,000 · Promiseone Bk
Apr 8, 2020
—
Chastain LLC
—
Deed
related
$1,305,000 · Promiseone Bk
Jan 28, 2020
—
Chastain LLC 150
—
Deed
related
$1,305,000 · Promiseone Bk
Nov 7, 2019
—
Chastain LLC 50
—
Correction Deed
related
$1,107,528 · Noa Bk
Jun 11, 2019
—
Chastain LLC 150
—
Deed
related
$1,090,204 · Promiseone Bk
Mar 15, 2019
—
Chastain LLC 150
—
Deed
related
$1,107,528 · Noa Bk
Dec 11, 2018
—
Chastain LLC 150
—
Deed
related
$1,124,334 · Noa Bk
—
—
Chastain LLC 150
—
Loan Modification
related
$1,124,334 · Noa Bk
—
—
Chastain LLC 150
—
Loan Modification
related
$1,107,528 · Noa Bk
—
—
Chastain LLC 150
—
Loan Modification
related
$1,090,204 · Promiseone Bk
—
—
Chastain LLC 150
—
Deed Of Trust
related
$849,000 · Noa Bank
—
—
Chastain LLC 150
—
Deed Of Trust
related
$1,090,204 · Promiseone Bk
—
—
Chastain LLC 150
—
Loan Modification
related
$1,072,810 · Promiseone Bk
—
—
Chastain LLC
—
Loan Modification
related
$1,305,000 · Promiseone Bk
—
—
Chastain LLC 150
—
Loan Modification
related
$1,305,000 · Promiseone Bk
—
—
Chastain LLC 150
—
Deed Of Trust
related
$1,305,000 · Noa Bk
—
—
Chastain LLC 150
—
Loan Modification
related
$1,305,000 · Promiseone 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.
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