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

    4967 Cowan Rd Acworth, GA 30101

    • Commercial real estate
    • 5.49 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0325193
    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

    • Commercial real estate

    Property Details for 4967 Cowan Rd

    Lot size
    5.49 lot acres
    Property type
    Commercial real estate
    APN
    20-0010-0-097-0

    Description

    This exceptional 5.49-acre commercial land parcel, located at 4967 Cowan Rd in Acworth, Georgia (zip code 30101, Cobb County), presents a unique investment opportunity. The property boasts an irregular shape with significant frontage—323 feet—along Cowan Road, offering excellent visibility and accessibility. Its strategic location places it directly across from a Publix-anchored shopping center, ensuring high traffic and exposure. Nearby commercial establishments include Walgreens, Wendy's, McDonald's, and Dairy Queen, further solidifying its prime commercial position. The land gently slopes downward from the road frontage to the rear. The property is zoned NEC (C-2), permitting a wide range of service, retail, and commercial uses, providing considerable flexibility for development. The APN is 20-0010-0-097-0. This property is ideal for developers seeking a high-visibility location with established commercial surroundings. Note that an adjacent 13.95-acre parcel may also be available for purchase.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Acworth
    County
    Cobb
    State
    Georgia
    Longitude
    -84.654902623971
    Latitude
    34.074662692039

    Comparable in this City

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    • $30,000
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    • $8,000,000
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      11.07 acre vacant lot with highway frontage.
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    • $1,000,000
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      Acworth Land Parcel For Sale

      12.47-acre parcel zoned R-30, ideal for residential development.
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    • $1,380,390
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      Acworth Land: Estate Lot Development

      25 acres in North Paulding County, suitable for development.
      2000 Dabbs Bridge Rd, Acworth, GA 30101
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    • $200,000
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      Acworth Homesite Opportunity Near Lake

      Land with septic tank near Lake Allatoona and I-75.
      188 Eidson St SE, Acworth, GA 30101
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    Similar Nearby for Sale

    • $450,000
      14.96 Acres

      Acworth Land For Sale

      14.96 acres in North Paulding High School District.
      Overlook Trl, Acworth, GA 30101
      View Details
    • $30,000
      0.76 Acres

      Residential Lot in Acworth, GA

      Undeveloped 0.76 acre residential lot in Acworth, Georgia.
      91 Hickory Creek Ln, Acworth, GA 30101
      View Details
    • $8,000,000
      11.07 Acres

      Acworth Land on North Cobb

      11.07 acre vacant lot with highway frontage.
      North Cobb Pkwy, Acworth, GA 30101
      View Details
    • $1,000,000
      12.47 Acres

      Acworth Land Parcel For Sale

      12.47-acre parcel zoned R-30, ideal for residential development.
      Mars Hill Rd, Acworth, GA 30101
      View Details
    • $1,380,390
      25.00 Acres

      Acworth Land: Estate Lot Development

      25 acres in North Paulding County, suitable for development.
      2000 Dabbs Bridge Rd, Acworth, GA 30101
      View Details
    • $200,000
      0.59 Acres

      Acworth Homesite Opportunity Near Lake

      Land with septic tank near Lake Allatoona and I-75.
      188 Eidson St SE, Acworth, GA 30101
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      137,498 SF

      Lakeside Marketplace Retail Space

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      1,400 SF

      Acworth Retail Space For Rent

      Retail space available in Acworth, GA near major retailers.
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    • Contact for pricing

      Retail Space in Acworth Corridor

      Retail space available in Acworth's retail corridor.
      3384 Cobb Pkwy NW, Acworth, GA 30101
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    • $25 SF/Yr
      14,550 SF

      Acworth Retail Plaza - High Visibility

      Prime Acworth retail space near I-75 & Publix.
      4974 Cowan Rd, Acworth, GA 30101
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    • $2,550 /Mo
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      Acworth Office Space Available

      Move-in ready office condo in Acworth, GA.
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    • $19 SF/Yr
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      Mars Hill Point Retail Space

      Acworth, GA storefront - 1,500 sq ft available
      3451 Cobb Pkwy, Acworth, GA 30101
      View Details
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    4967 Cowan Rd
    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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