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3931 Mary Eliza NW Trce Marietta, GA 30064-1085

OFF-MARKET Strip malls Google Maps
16,405 SF 1.91 ac lot Built 2006
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$700k
Range $630k – $770k (±10%)
Property ID US22-0341746

Property summary

AI-generated overview

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).

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Total area 16,405 SF
Lot 1.91 ac (83,199 SF)
Zoning code NRC
APN 20029601860
UPID US22-0341746

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
  • Gym & Fitness Center
  • Gym & Fitness Center
  • Alternative Medicine Practice
  • Gym & Fitness Center

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$700k

Owner & transaction history

3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

NRC · Marietta, GA
Zoning description

NRC Neighborhood Retail Commercial 708.15 (PDF) CRC Community Retail Commercial 708.16 (PDF) RRC Regional Retail Commercial 708.17 (PDF) CBD Central Business District 708.18 (PDF) PCD Planned Commercial Development 708.1…

General category COMMERCIAL
Top alternative use upside
Medical building $4.0M +9.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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