3602 Ernest W Barrett SW Pkwy Marietta, GA 30064-2732
Property summary
This exceptional 4.36-acre commercial land parcel in Marietta, Georgia, presents a prime investment opportunity. Located at 3602 Ernest W Barrett Pkwy SW, in Cobb County (zip code 30064), this property boasts 520 feet of frontage on a major thoroughfare with over 30,000 daily vehicles. The LRO (Low Rise Office) zoning allows for diverse commercial uses, including banks, medical offices, and educational facilities. Its strategic location near a Target, Publix, Home Depot, Lowe's, and Starbucks, ensures high visibility and accessibility. A favorable geotechnical soils study and Phase 1 environmental report are available. Utilities include electric, gas, and water, with sewer access on an adjacent parcel. While a tear-down single-family home is present, the largely level topography and substantial usable acreage make this an ideal site for new construction. The property's proximity to a heavily trafficked intersection and its designation as a Neighborhood Activity Center on Cobb County's Future Land Use map further enhance its development potential. The asking price is $2,400,000. Consider the potential for rezoning given the surrounding commercial development. This is a rare opportunity to acquire a well-located, commercially zoned parcel in a thriving area with a high average household income exceeding $128,000 and a population of over 42,000 within a 3-mile radius. A video showcasing the property is available online.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
LRO Low-Rise Office 708.22 (PDF) OI Office Institutional 708.23 (PDF) OS Office Services 708.24 (PDF) OHR Office High-Rise 708.25 (PDF) LI Light Industrial 708.26 (PDF) HI Heavy Industrial 708.27 (PDF) PID Planned Indust…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LRO · Marietta, GALRO Low-Rise Office 708.22 (PDF) OI Office Institutional 708.23 (PDF) OS Office Services 708.24 (PDF) OHR Office High-Rise 708.25 (PDF) LI Light Industrial 708.26 (PDF) HI Heavy Industrial 708.27 (PDF) PID Planned Indust…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LRO in Marietta, GA.
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