New search
Property profile & analytics
FOR LEASE
Medical Office Space
3525 George Busbee Pkwy Northwest, Kennesaw, GA 30144
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1657570
For Lease
1 / 2
$4,310,000
3525 George Busbee Pkwy Northwest, Kennesaw, GA 30144
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Total area
26,104 SF
Lot
2.91 ac (126,830 SF)
Zoning code
GC/OS/WS
APN
16036100070
UPID
US22-1657570
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
-
Roberts Felicia M Employment Agency
-
Flynn Jon C DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.83M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.31M
Owner & transaction history
Chastain Medical Center LLC · 14 yrs held
Chastain Medical Center LLC
since 2011
5 recorded transactions
Zoning & alternative use
GC/OS/WS · Kennesaw, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,310,000
6.5%
$5,825,000
7%
$5,405,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,410,000
Current use
RETAIL STORES
$5,690,000
Change: -11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,580,000
Change: -13% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,195,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$4.31M
Range $3.88M – $4.74M · ±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
$165 / 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
$102,697
Tax year 2024
Assessed value
$2,921,680
Assessed 2024
Previous assessed
$2,919,040
+0.1% YoY
Effective rate
3.51%
On assessed value
Assessed land
$661,520
Assessed improvement
$2,260,160
Land market value
$1,653,800
Improvement market value
$5,650,400
Total market value
$7,304,200
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2006
Heating
NONE
Total area
26,104 SF
Lot
2.91 ac (126,830 SF)
Zoning code
GC/OS/WS
APN
16036100070
UPID
US22-1657570
Jurisdiction
COBB
Zoning & alternative use
GC/OS/WS · Kennesaw, GA
Zoning GC/OS/WS · permitted uses
GC/OS/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
MEDICAL BUILDING Current
Est. value
$6.4M
RETAIL STORES
Est. value
$5.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.6M
AUTO REPAIR, GARAGE
Est. value
$5.2M
MEDICAL BUILDING Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
2.91 ac
Current owner
From public records · entity-resolved
Chastain Medical Center LLC
Entity
Free & Clear · 14 yrs held
Mailing address
318 N COLLEGE ST, AUBURN, AL 36830-3815
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
May 20, 2024
—
Chastain Medical Center Series LLC
—
Deed
related
$4,250,000 · Cadence Bank NA
Mar 18, 2024
—
Chastain Medical Center LLC
—
Deed
related
$5,078,542 · Renasant Bank
Oct 21, 2011
$6,600,000
Chastain Medical Center LLC
Cmc At Townpark Lt1 LLC
Grant Deed
—
Oct 21, 2011
—
Chastain Medical Center LLC
Cmc At Townpark Lti LLC
Trustees Deed
$5,300,000 · Rbc Bank (usa)
Dec 20, 2005
$525,000
Cmc At Townpark Lti LLC
Argonaut Assoc Ltd
Grant Deed
$4,000,000 · Heritage Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
