3931 Mary Eliza NW Trce Marietta, GA 30064-1085
Property profile & analytics
3931 Mary Eliza NW Trce Marietta, GA 30064-1085
- Strip malls
- 16,405 SF
- 1.91 lot acres
Property ID
US22-0341746
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.
Location Intelligence
Current Use by Public Records
- Required Fitness / Gym & Fitness Center
- Central Gymnastics Academy / Gym & Fitness Center
- Holistic Alignment Strategies / Alternative Medicine Practice
- Sol Yoga Studio / Gym & Fitness Center
Property Details for 3931 Mary Eliza NW Trce
- Year built
- 2006
- Lot size
- 1.91 lot acres
- Property size
- 16,405 SF
- Zone code
- NRC
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 20029601860
- APU
- 20029601860
Description
This exceptional investment opportunity presents a stabilized Class A shopping center located at 3931 & 3951 Mary Eliza Trace NW, Marietta, Georgia 30064. The property comprises three buildings totaling 24,900 square feet on approximately 3.2 acres (including a detention pond), offering ample parking. Currently boasting 100% occupancy with five tenants under net leases, this multi-tenant retail center generates a strong net operating income (NOI) of $407,648 (pro forma 2024). The property benefits from a prime location at the corner of Kennesaw Due West and Acworth Due West Roads, ensuring high visibility and significant traffic counts within a highly trafficked corridor in West Cobb County. The well-maintained buildings feature a solid tenant mix and built-in rent bumps. Individual suite sizes range from 2,000 square feet to 8,000 square feet, providing flexibility for a variety of retail uses. This is a rare opportunity to acquire a fully leased, high-performing retail investment in a desirable location with excellent growth potential. The property includes three buildings: one with two suites (2,000 SF and 6,500 SF), one with one suite (8,000 SF), and one with two suites (2,800 SF and 5,600 SF).
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $3,610,000 Current use
- MEDICAL BUILDING
- $3,960,000 Change: +10% Conversion: Difficult
- RETAIL STORES
- $3,610,000 Change: -0% Conversion: Easy
- COMMERCIAL (GENERAL)
- $3,040,000 Change: -16% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Marietta
- County
- Cobb
- State
- Georgia
- Longitude
- -84.6668
- Latitude
- 33.9666
- 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
$41,433
$494,008
$880,232
$1,374,240
-
$1,235,020
$2,200,580
$3,435,600
