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Property profile & analytics
FOR LEASE
Strip malls
345 Cobb Pkwy SE Marietta, GA 30060
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0944484
For Lease
1 / 33
$3,090,000
345 Cobb Pkwy SE, Marietta, GA 30060
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1955
Total area
19,904 SF
Lot
1.14 ac (49,658 SF)
Zoning code
CRC
APN
17050500210
UPID
US22-0944484
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
-
Advance Cold Cap Services Medical Clinic Hospital
-
Dee's Browtique Beauty & Wellness Medical Clinic Skin Care Clinic
-
KIWI TOOLS Rental Equipment Company
-
No Time To Waist LLC Cosmetic Store
-
KBB Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.09M
Owner & transaction history
Cobb Pkwy Holdings LLC · 3 yrs held
Cobb Pkwy Holdings LLC
since 2022
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
CRC · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.8M
+9.7%
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
$3,080,000
ML approach
$3,180,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,380,000
Current use
MEDICAL BUILDING
$4,805,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$3.09M
Range $2.78M – $3.40M · ±10% · vs last sale $3.05M (Aug 16 2022)
Last sale anchor
$3.05M
Aug 16 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
$155 / 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
$6,972
Tax year 2024
Assessed value
$824,120
Assessed 2024
Previous assessed
$824,120
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$277,248
Assessed improvement
$546,872
Land market value
$693,120
Improvement market value
$1,367,180
Total market value
$2,060,300
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1955
Heating
NONE
Buildings
2
Total area
19,904 SF
Lot
1.14 ac (49,658 SF)
Zoning code
CRC
APN
17050500210
UPID
US22-0944484
Jurisdiction
COBB
Zoning & alternative use
CRC · Marietta, GA
Zoning CRC · permitted uses
CRC · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1955
Heating
NONE
Buildings
2
Lot
1.14 ac
Current owner
From public records · entity-resolved
Cobb Pkwy Holdings LLC
Entity
Mailing address
1739 CHESHIRE BRG RD NE, ATLANTA, GA 30324-4921
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Sep 6, 2022
—
Cobb Pkwy Holdings LLC
—
Deed
related
$2,000,000 · Ralph Vickers & Co INC
Aug 16, 2022
$3,050,000
Cobb Pkwy Holdings LLC
Ralph W Vicker
Limited Warranty Deed
$4,585,605 · Southern States Bank
Jun 14, 2019
$2,025,000
Mkr Ent LLC
Srs Cobb Pkwy
Grant Deed
$1,400,000 · Suntrust Bk
Apr 20, 2017
—
Srs Cobb Pkwy LLC
—
Deed
related
—
Jun 26, 2014
—
Srs Cobb Pkwy LLC
Hollingsworth,burl
Quit Claim Deed
related
$1,000,000 · Branch Bk&tr
Jun 26, 2014
$1,358,000
Srs Cobb Pkwy LLC
Hollingsworth,burl
Grant Deed
—
—
—
Srs Cobb Pkwy LLC
—
Loan Modification
related
—
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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