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Property profile & analytics
OFF-MARKET
Estimated value
$1,900,000
Strip malls
470 Franklin SE Gtwy Marietta, GA 30067-7739
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1850321
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1986
Total area
9,166 SF
Lot
0.87 ac (37,897 SF)
Zoning code
CRC
APN
17057800080
UPID
US22-1850321
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.90M
CAP Approach
CAP
$2.27M
Comparable Approach
Comparable
$2.02M
Blend (final)
Blend
$1.90M
Owner & transaction history
Fourthtown Properties LLC · 1 yrs held
Fourthtown Properties LLC
since 2024
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
CRC · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.2M
+9.7%
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 Marietta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marietta 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
$1,900,000
ML approach
$1,900,000
CAP Approach
CAP Return
Estimation
6%
$2,455,000
6.5%
$2,265,000
7%
$2,105,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,020,000
Current use
MEDICAL BUILDING
$2,215,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$2,015,000
Change: 0% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,790,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$1.90M
Range $1.71M – $2.09M · ±10% · vs last sale $1.90M (Nov 15 2024)
Last sale anchor
$1.90M
Nov 15 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
$207 / 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
$4,021
Tax year 2024
Assessed value
$475,240
Assessed 2024
Previous assessed
$475,000
+0.1% YoY
Effective rate
0.85%
On assessed value
Assessed land
$281,680
Assessed improvement
$193,560
Land market value
$704,200
Improvement market value
$483,900
Total market value
$1,188,100
Applied tax rate
4.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1986
Heating
NONE
Total area
9,166 SF
Lot
0.87 ac (37,897 SF)
Zoning code
CRC
APN
17057800080
UPID
US22-1850321
Jurisdiction
COBB
Zoning & alternative use
CRC · Marietta, GA
Zoning CRC · permitted uses
CRC · Marietta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marietta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$2.2M
RETAIL STORES
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1986
Heating
NONE
Lot
0.87 ac
Current owner
From public records · entity-resolved
Fourthtown Properties LLC
Entity
Mailing address
4974 DOVECOTE TRL, SUWANEE, GA 30024-7302
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2024
$1,900,000
Fourthtown Properties LLC
Atmar LLC
Deed
$1,330,000 · Chicago Deferred Exchange Company L
Mar 23, 2018
—
Atmar LLC
Yu,sang W
Quit Claim Deed
—
Mar 23, 2018
$1,175,000
Atmar LLC
Yu,sang W
Grant Deed
—
Apr 11, 2017
—
Sang Wha Yu
—
Deed
related
$461,749 · United Community Bank
Dec 28, 2005
$1,165,000
Sang Wha Yu
Thomas Y Investments INC
Grant Deed
$700,000 · United Community Bank
Jun 4, 2004
—
Thomas Y Investments INC
Branstead Properties LLC
Quit Claim Deed
related
$720,000 · Regions Bank
Jun 4, 2004
$900,000
Thomas Y Investments INC
Branstead Properties LLC
Grant Deed
—
—
—
Sang W Yu
—
Loan Modification
related
$652,088 · United Community Bank
—
—
Sang W Yu
—
Deed Of Trust
related
$595,123 · United Community Bank
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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