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    3889 Cobb NW Pkwy Acworth, GA 30101-4084
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    Property profile & analytics

    3889 Cobb NW Pkwy Acworth, GA 30101-4084

    View on Map
    • Medical Office Space
    • 5,045 SF
    • 1.50 lot acres
    Off-Market
    Property ID
    US22-4502299
    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
    $965,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Melissa F. Stroud, RN / Registered General Nurse
    • Reilly Edward J / Physician
    • Bubolo Men's Health Clinic / Medical Clinic
    • Dr. Ellis Mossaded, MD / Physician
    • Ui Park / Physician

    Property Details for 3889 Cobb NW Pkwy

    Year built
    1976
    Lot size
    1.50 lot acres
    Property size
    5,045 SF
    Zone code
    GC
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    20008100280
    APU
    20008100280

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,220,000
      6.5%
      $1,125,000
      7%
      $1,045,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $603,000
      Market price range: $157k - $766k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,240,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,080,000
      Change: -13% Conversion: Moderate
      RETAIL STORES
      $1,045,000
      Change: -16% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,005,000
      Change: -19% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Acworth
    County
    Cobb
    State
    Georgia
    Longitude
    -84.701
    Latitude
    34.0487
    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
    $17,037
    $327,028
    $238,040
    $565,068
    -
    $817,570
    $595,100
    $1,412,670

    Comparable in this City

    • Value Estimation
      $705,000
      10,705 SF

      2161 Cedarcrest Rd

      MEDICAL BUILDING • 10,705 SF
      2161 Cedarcrest Rd, Acworth, GA 30101-6404
      View Details
    • Value Estimation
      $590,000
      9,456 SF

      2355 Cedarcrest Rd

      MEDICAL BUILDING • 9,456 SF
      2355 Cedarcrest Rd, Acworth, GA 30101-8597
      View Details
    • Value Estimation
      $2,500,000
      20,000 SF

      4769 Main St

      MEDICAL BUILDING • 20,000 SF
      4769 Main St, Acworth, GA 30101-5339
      View Details
    • Value Estimation
      $530,000
      8,052 SF

      4427 Carnes St

      MEDICAL BUILDING • 8,052 SF
      4427 Carnes St, Acworth, GA 30101-5305
      View Details
    • Value Estimation
      $1,765,000
      10,190 SF

      1825 Mars Hl NW Rd

      MEDICAL BUILDING • 10,190 SF
      1825 Mars Hl NW Rd, Acworth, GA 30101-4518
      View Details
    • Value Estimation
      $2,335,000
      6,504 SF

      2155 Cedarcrest Rd

      MEDICAL BUILDING • 6,504 SF
      2155 Cedarcrest Rd, Acworth, GA 30101-6274
      View Details

    Similar Nearby for Sale

    • $4,272,700
      8,125 SF

      Acworth Medical Retail Investment Opportunity

      Newer construction, fully occupied medical retail asset in Acworth, GA.
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    • Contact for pricing

      Office Development Opportunity in Acworth

      Pad-ready site in thriving Atlanta suburb, ideal for development.
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    • $399,999
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      Versatile Downtown Acworth Multifamily Property

      Unique property with two units, ideal for living or investment.
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      Retail and Office Space Available

      Modern, well-maintained retail and office property with high visibility.
      6060 Lake Acworth Dr, Acworth, GA 30101
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    • $399,000
      Pending

      Downtown Acworth Commercial Condos For Sale

      Four 1,200 SF commercial condos in downtown Acworth, Georgia.
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    • $235,000
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      Acworth Office in Excellent Condition

      Move-in ready office space with high visibility in Acworth.
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    Similar Nearby for Lease

    • Contact for pricing

      Medical/Office Building in Acworth/Kennesaw

      Well-appointed medical/office building near Cobb Pkwy and GA-92.
      3662 Cedarcrest Rd, Acworth, GA 30101
      View Details
    • Contact for pricing

      Acworth Flex Office/Warehouse Building

      34,500 SF flex building near I-75 in Acworth, GA.
      3701 New Mcever Rd NW, Acworth, GA 30101
      View Details
    • $2,550 /Mo
      1,800 SF

      Acworth Office Space Available

      Move-in ready office condo in Acworth, GA.
      3950 Cobb Pkwy NW, Acworth, GA 30101
      View Details
    • Contact for pricing

      Cedarcrest Point Office Condominiums

      Office condominiums in a growing Acworth and Paulding County area.
      2487 Cedarcrest Rd, Acworth, GA 30101
      View Details
    • Contact for pricing

      Industrial Single Tenant Space

      6,500 SqFt industrial space available for single tenant.
      210 Holt Rd, Acworth, GA 30101
      View Details
    • Contact for pricing

      Retail Space in Acworth Corridor

      Retail space available in Acworth's retail corridor.
      3384 Cobb Pkwy NW, Acworth, GA 30101
      View Details
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    Acworth, GA 30101-4084
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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