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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    429 Veterans Memorial SW Hwy Mableton, GA 30126-3319

    • Strip malls
    • 15,600 SF
    • 6.13 lot acres
    OFF-MARKET
    Value Estimations
    $2,085,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0874205
    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.

    Current Use by Public Records

    • Galaxy Wholesale Inc / Big Box & Wholesale Store
    • Dollar Store Wholesaler / Big Box & Wholesale Store
    • Certified Motors / Car Dealership
    • Galaxy Auto Sales Inc / Car Dealership

    Property Details for 429 Veterans Memorial SW Hwy

    Year built
    1968
    Lot size
    6.13 lot acres
    Property size
    15,600 SF
    Zone code
    CRC/GC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    17010900520
    APU
    17010900520

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $3,055,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $3,335,000
      Change: +9% Conversion: Difficult
      RETAIL STORES
      $3,235,000
      Change: +6% Conversion: Easy
      AUTO REPAIR, GARAGE
      $3,105,000
      Change: +2% Conversion: Difficult
      OFFICE BUILDING
      $2,545,000
      Change: -17% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Mableton
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5667
    Latitude
    33.8153
    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
    $13,043
    $316,428
    $116,160
    $432,588
    -
    $791,070
    $290,400
    $1,081,470

    Comparable in this City

    • Value Estimation
      $645,000
      4,500 SF

      1181 Old Powder Spgs SW Rd

      SHOPPING CENTER, STRIP CENTER • 4,500 SF
      1181 Old Powder Spgs SW Rd, Mableton, GA 30126-4056
      View Details
    • Value Estimation by Request
      1.31 Acres

      6981 Mableton Pkwy Se Ste, Unit 103

      SHOPPING CENTER, STRIP CENTER • 1.31 Acres
      6981 Mableton Pkwy Se Ste, Mableton, GA 30126-4618
      View Details
    • Value Estimation by Request
      1,199 SF

      185 Veterans Memorial SE Hwy

      SHOPPING CENTER, STRIP CENTER • 1,199 SF
      185 Veterans Memorial SE Hwy, Mableton, GA 30126-2604
      View Details
    • Value Estimation
      $735,000
      17,200 SF

      1195 Veterans Memorial SW Hwy

      SHOPPING CENTER, STRIP CENTER • 17,200 SF
      1195 Veterans Memorial SW Hwy, Mableton, GA 30126-3107
      View Details
    • Value Estimation
      $3,555,000
      28,032 SF

      925 Veterans Memorial SW Hwy

      SHOPPING CENTER, STRIP CENTER • 28,032 SF
      925 Veterans Memorial SW Hwy, Mableton, GA 30126-3177
      View Details
    • Value Estimation
      $1,825,000
      13,320 SF

      1127 Veterans Memorial SW Hwy, Unit 1151

      SHOPPING CENTER, STRIP CENTER • 13,320 SF
      1127 Veterans Memorial SW Hwy, Mableton, GA 30126-3155
      View Details

    Similar Nearby for Sale

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      7,365 SF

      Mableton Commercial Investment Opportunity

      Two buildings on 0.91 acres, income-producing, prime location.
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    • $1,490,000

      Retail Development Site For Sale

      0.94 acre retail development site with utilities and frontage.
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    • $1,100,000
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      Mableton Industrial Property: Prime Investment

      8,000 SF Office/Warehouse, .46 Acres
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    • $450,000
      1.08 Acres

      Mableton Land on Veterans Highway

      1.07 acres of commercial land with heavy commercial zoning.
      1587 Veterans Memorial Hwy SW, Mableton, GA 30126
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,987 SF

      Retail Space in Mableton, GA

      Retail space available in a shopping center anchored by a national grocery tenant.
      1025 Veterans Memorial Hwy Southeast Mableton GA USA, Mableton, GA 30126
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Mableton

      Retail space in Mableton, anchored by national brands.
      5590 Mableton Pkwy SW, Mableton, GA 30126
      View Details
    • Contact for pricing
      229,013 SF

      Mableton Retail Center Opportunity

      Prime Mableton shopping center space available.
      5990 Mableton Pkwy, Mableton, GA 30126
      View Details
    • $10 SF/Yr
      18,300 SF

      Mableton Office/Showroom/Retail Space For Rent

      18,300 SF Mableton space with high visibility and ample parking.
      Mableton, GA 30126
      View Details
    • Contact for pricing
      1,720 SF

      Retail Space on Veterans Memorial

      Retail space in redeveloped center with strong national anchors.
      925 Veterans Memorial Hwy SW, Mableton, GA 30126
      View Details
    • $12 SF/Yr
      20,000 SF

      High Exposure Retail Space in Mableton

      10,000 SF Retail Space, Loading Dock, High Visibility
      1183 Veterans Memorial Hwy, Mableton, GA 30126
      View Details
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    Mableton, GA 30126-3319
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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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