3860 Cobb SE Dr Smyrna, GA 30080-5537
Entity Owned
3-yr Hold
Free & Clear
Estimated value (blended)
$9.44M
Range $8.49M – $10.38M (±10%)
Property ID
US22-1649558
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1980
Total area
45,096 SF
Lot
6.4 ac (278,784 SF)
Zoning code
GC
APN
17052800050
UPID
US22-1649558
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Auto Repair Shop
-
Car Dealership Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.82M
Blend (final)
Blend
$9.44M
Owner & transaction history
since 2023
Last sale
$10.2M
7 recorded transactions
Zoning & alternative use
GC · Smyrna, GA
Zoning description
The GC district is comprised primarily of existing commercially developed areas within the City of Smyrna. It is the intent in establishing the GC district, to preserve existing commercial areas and encourage the continu…
General category
COMMERCIAL
Top alternative use upside
Medical building
$11.1M
+23.4%
Retail stores
$10.4M
+16.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
5 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$9.44M
Value range
$8.49M – $10.38M
±10% around blend
Estimated value / SF
$209 / SF
Confidence
Property data
75
Market benchmarks
33
Comparable evidence
60
$8.49M
blend $9.44M
$10.38M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
45,096 SF
Lot area
6.4 ac
Year built
1980
APN
17052800050
Assessed value
$1,800,304
Annual tax
$48,896
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$8.82M
Range $4.41M – $15.71M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$9.44M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 119 sales
$199
+5%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $209/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+23%
vs current-use indication
Retail Stores
Auto Repair, Garage · current use
Neighborhood: Shopping Center
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$10.15M
Move the market yield to see immediate price impact.
Value / SF
$225
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$639k
$12.79M
$9.14M
$7.11M
$711k
$14.21M
$10.15M
$7.89M
$782k
$15.63M
$11.16M
$8.68M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$48,896
Tax year 2024
Assessed value
$1,800,304
Assessed 2024
Previous assessed
$1,800,304
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$1,214,384
Assessed improvement
$585,920
Land market value
$3,035,960
Improvement market value
$1,464,800
Total market value
$4,500,760
Applied tax rate
6.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1980
Heating
NONE
Buildings
2
Total area
45,096 SF
Lot
6.4 ac (278,784 SF)
Zoning code
GC
APN
17052800050
UPID
US22-1649558
Jurisdiction
COBB
Zoning & alternative use
GC · Smyrna, GAZoning GC · permitted uses
GC · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The GC district is comprised primarily of existing commercially developed areas within the City of Smyrna. It is the intent in establishing the GC district, to preserve existing commercial areas and encourage the continu…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Buildings
2
Lot
6.4 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
GC
COMMERCIAL
Jurisdiction
Smyrna, GA
Recorded code
GC
Official district
GC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GC in Smyrna, GA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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