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Property profile & analytics
OFF-MARKET
Estimated value
$2,100,000
Outlet malls
3602 Cobb NW Pkwy Acworth, GA 30101-4018
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US22-4237905
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2005
Total area
10,874 SF
Lot
3.79 ac (164,926 SF)
Zoning code
C2
APN
20008200930
UPID
US22-4237905
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
-
Pike Nurseries Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.36M
Comparable Approach
Comparable
$1.72M
Blend (final)
Blend
$2.10M
Owner & transaction history
Hendon Pike LLC · 17 yrs held
Hendon Pike LLC
since 2008
7 recorded transactions
Zoning & alternative use
C2 · Acworth, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.7M
+18.5%
Apartment house (5+ units)
$2.3M
+3.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,550,000
6.5%
$2,355,000
7%
$2,185,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,255,000
Current use
MEDICAL BUILDING
$2,670,000
Change: +19% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,325,000
Change: +3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,165,000
Change: -4% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,130,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$2.10M
Range $1.89M – $2.31M · ±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
$193 / 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
$35,698
Tax year 2024
Assessed value
$1,184,000
Assessed 2024
Previous assessed
$1,184,000
+0.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$976,760
Assessed improvement
$207,240
Land market value
$2,441,900
Improvement market value
$518,100
Total market value
$2,960,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2005
Heating
NONE
Total area
10,874 SF
Lot
3.79 ac (164,926 SF)
Zoning code
C2
APN
20008200930
UPID
US22-4237905
Jurisdiction
COBB
Zoning & alternative use
C2 · Acworth, GA
Zoning C2 · permitted uses
C2 · 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
RETAIL STORES Current
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
RETAIL STORES Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
Year built
2005
Heating
NONE
Lot
3.79 ac
Current owner
From public records · entity-resolved
Hendon Pike LLC
Entity
Mailing address
2200 E PO BOX 250509TH STE #200, ATLANTA, GA 30325-1509
Ownership since
2008
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
Jul 27, 2017
—
Hendon Pike LLC
—
Deed
related
$1,800,000 · Miscellaneous Ins Co
Sep 29, 2008
$2,400,000
Hendon Pike LLC
Bank Of America NA
Grant Deed
related
—
May 12, 2008
$2,500,000
Bank Of America NA
Pike Nursery Holding LLC
Trustees Deed
related
—
May 6, 2008
—
Bank Of America NA
Pike Nursery Holding LLC
Grant Deed
related
—
Jul 27, 2005
$1,495,470
Pike Nursey Holding LLC
Hendon Of Brand 41 LLC
Grant Deed
$8,500,000 · Bank Of America
—
—
Hendon Pike LLC
—
Deed Of Trust
related
$1,800,000 · Miscellaneous Ins Co
—
—
Hendon Pike LLC
—
Deed Of Trust
related
$1,923,750 · Compass 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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