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    3725 George Busbee NW Pkwy Kennesaw, GA 30144-6617
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    Property profile & analytics

    3725 George Busbee NW Pkwy, Kennesaw, GA 30144-6617

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    • Garden apartment buildings
    • 320,248 SF
    • 26.67 lot acres
    Off-Market
    Last Sale Feb 4, 2025
    $60,750,000
    Property ID
    US22-1285194
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sigma Alpha Beta Tau / Charitable Organization / Social Service Agency
    • Sinolife Media & Entertainment / Music Venue
    • Beyond Genius / Computer & Electronic Repair / Tech Support Center
    • TownPark Crossing Apartment Homes / Apartment Complex / Apartment Building
    • The Brielle Agency / Publishing House

    Property Details for 3725 George Busbee NW Pkwy

    Year built
    1995
    Lot size
    26.67 lot acres
    Zone code
    RM-12
    Property type
    Garden apartment buildings
    APN
    16036000030
    APU
    16036000030

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 4, 2025 $60,750,000 Gep Xi Townpark LLC Sreit Townpark Crossing Apartments Deed —
    Jan 18, 2022 $75,220,800 Sreit Townpark Crossing Apartments Strata Townpark LLC Limited Warranty Deed $201.3M · Wells Fargo Bank NA
    Oct 6, 2020 — Strata Townpark LLC — Deed · related $2.4M · Cbre Cap Markets
    Sep 30, 2016 $39,197,400 Strata Townpark LLC Dra Townpark Crossing LLC Grant Deed $27.3M · Cbre Cap Markets
    Sep 26, 2007 $25,500,000 Dra Town Pk Crossing LLC Rownpark Crossing Prop LLC Grant Deed —
    Sep 25, 2007 $25,500,000 Dra Townpark Crossing LLC Townpark,crossing Properti Grant Deed · related —
    — — Dra Townpark Crossing LLC — Deed Of Trust · related $393M · Bank Of America
    — — Strata Townpark LLC — Deed Of Trust · related $2.4M · Cbre Cap Markets

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $48,345,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $71,705,000
      6.5%
      $66,190,000
      7%
      $61,460,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $55,221,000
      Market price range: $38.6M - $119M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $68,450,000
      Current use
      MEDICAL BUILDING
      $78,660,000
      Change: +15% Conversion: Moderate
      RETAIL STORES
      $69,780,000
      Change: +2% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $63,735,000
      Change: -7% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $62,750,000
      Change: -8% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Kennesaw
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5758
    Latitude
    34.0408
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $536,311
    $4,228,276
    $13,559,804
    $17,788,080
    -
    $10,570,690
    $33,899,510
    $44,470,200
    More about this property
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