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Property profile & analytics
OFF-MARKET
Estimated value
$1,350,000
Medical Office Space
4300 Bells Fry NW Rd Kennesaw, GA 30144-1304
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1476575
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Total area
3,517 SF
Lot
1.17 ac (50,965 SF)
Zoning code
NRC
APN
16021200030
UPID
US22-1476575
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Kennesaw Life Insurance Company Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.35M
Owner & transaction history
Run Pikulin · 1 yrs held
Run Pikulin
since 2024
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
NRC · Kennesaw, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.3M
+52.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kennesaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennesaw submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,350,000
ML approach
$1,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$865,000
Current use
WAREHOUSE, STORAGE
$1,320,000
Change: +53% · Conversion: Difficult
Blend value · Realmo final
$1.35M
Range $1.22M – $1.49M · ±10% · vs last sale $1.35M (Jul 22 2024)
Last sale anchor
$1.35M
Jul 22 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$384 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$12,060
Tax year 2024
Assessed value
$400,000
Assessed 2024
Previous assessed
$400,000
+0.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$270,760
Assessed improvement
$129,240
Land market value
$676,900
Improvement market value
$323,100
Total market value
$1,000,000
Applied tax rate
9.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1988
Heating
NONE
Total area
3,517 SF
Lot
1.17 ac (50,965 SF)
Zoning code
NRC
APN
16021200030
UPID
US22-1476575
Jurisdiction
COBB
Zoning & alternative use
NRC · Kennesaw, GA
Zoning NRC · permitted uses
NRC · Kennesaw, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kennesaw. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$865,000
WAREHOUSE, STORAGE
Est. value
$1.3M
MEDICAL BUILDING Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Lot
1.17 ac
Current owner
From public records · entity-resolved
Run Pikulin
Individual
Free & Clear · 1 yrs held
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2024
$1,350,000
Run Pikulin
Run Pikulin
Limited Warranty Deed
—
Aug 3, 2022
—
See Attached Schedule I Ownership I
Millrock Investment Fund 1 LLC
Correction Deed
related
—
Mar 9, 2022
$5,532,200
See Attached Schedule I Ownership I
Millrock Investment Fund 1 LLC
Limited Warranty Deed
—
Mar 2, 2022
$4,672,700
Millrock Investmnets Fund 1 LLC
Sarc Us LLC
Limited Warranty Deed
—
Sep 1, 2021
—
Advance Care Medical Kennesaw Gaa 1
Sarc Us LLC
Lease
$2,914,001 · First State Bank & Trust Co INC
May 14, 2021
$1,100,000
Sarc Us LLC
Westbrook & Mcguire LLC
Limited Warranty Deed
—
May 14, 2021
—
Sarc Us LLC
Westbrook & Mcguire LLC
Quit Claim Deed
related
—
Jul 10, 2018
$467,300
Westbrook & Mcguire LLC
Bank Of America NA
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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