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    Property profile & analytics

    4841 Main St Acworth, GA 30101

    • Retail space
    • 4,212 SF
    • 0.08 lot acres
    OFF-MARKET
    Last Sale
    Mar 29, 2022
    Value Estimations
    $535,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1463007
    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

    • Architectural Glass LLC / General Contractor / Renovation Specialist
    • Bars and Pubs / General Contractor / Renovation Specialist

    Property Details for 4841 Main St

    Year built
    1900
    Lot size
    0.08 lot acres
    Property size
    4,212 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    20003201920
    APU
    20003201920

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $614,000
      Market price range: $439k - $1.45M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $875,000
      Current use
      AUTO REPAIR, GARAGE
      $840,000
      Change: -4% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $825,000
      Change: -5% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Acworth
    County
    Cobb
    State
    Georgia
    Longitude
    -84.678
    Latitude
    34.066
    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
    $4,280
    $86,368
    $55,600
    $141,968
    -
    $215,920
    $139,000
    $354,920

    Comparable in this City

    • Value Estimation by Request
      1,760 SF

      5164 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,760 SF
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    • Value Estimation by Request
      800 SF

      3960 Southside Dr

      RETAIL STORES (PERSONAL SERVICES) • 800 SF
      3960 Southside Dr, Acworth, GA 30101-5112
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    • Value Estimation
      $8,490,000
      3,666 SF

      4797 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,666 SF
      4797 Main St, Acworth, GA 30101-5339
      View Details
    • Value Estimation
      $885,000
      8,400 SF

      4671 Main St

      RETAIL STORES (PERSONAL SERVICES) • 8,400 SF
      4671 Main St, Acworth, GA 30101-5464
      View Details
    • Value Estimation
      $1,815,000
      9,263 SF

      6121 Cedarcrest NW Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,263 SF
      6121 Cedarcrest NW Rd, Acworth, GA 30101-4205
      View Details
    • Value Estimation
      $1,045,000
      9,000 SF

      5251 Lk Acworth Dr

      RETAIL STORES (PERSONAL SERVICES) • 9,000 SF
      5251 Lk Acworth Dr, Acworth, GA 30101-7010
      View Details

    Similar Nearby for Sale

    • $335,000
      0.40 Acres

      Downtown Acworth Live-Work-Play Opportunity

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      5361 N Main St, Acworth, GA 30101
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    • $440,000
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      Downtown Acworth Mixed-Use Opportunity

      High-visibility corner property in downtown Acworth, move-in ready and versatile.
      6071 N Main St SE, Acworth, GA 30101
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      Retail and Office Space Available

      Modern, well-maintained retail and office property with high visibility.
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    Similar Nearby for Lease

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      5,509 SF

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      Retail space for lease in a popular outdoor shopping center.
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      Retail space available in Acworth's main retail corridor.
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      Acworth Retail Space For Rent

      Retail space available in Acworth, GA near major retailers.
      3436 Cobb Pkwy NW, Acworth, GA 30101
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      137,498 SF

      Lakeside Marketplace Retail Space

      Acworth, GA retail space for lease. Prime location, ample parking.
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      Retail Space in Acworth Corridor

      Retail space available in Acworth's retail corridor.
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    • $19 SF/Yr
      33,339 SF

      Mars Hill Point Retail Space

      Acworth, GA storefront - 1,500 sq ft available
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      View Details
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    4841 Main St
    Acworth, GA 30101
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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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