Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Investment properties
50 Polk NW St Marietta, GA 30064-2302
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0837030
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1940
Total area
2,297 SF
Lot
0.22 ac (9,492 SF)
Zoning code
OI
APN
16115801100
UPID
US22-0837030
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
-
McKenney & Froelich Attorneys at Law Law Firm
-
Hyden Law Firm Pc Law Firm
-
Kupsky Law Group Law Firm
-
Time Inc Media Distribution
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
$465k
Comparable Approach
Comparable
$469k
Blend (final)
Blend
$620k
Owner & transaction history
Rog Holdings LLC · 2 yrs held
Rog Holdings LLC
since 2023
Last sale
$850,000
2 recorded transactions
Zoning & alternative use
OI · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$860,000
+102.6%
Medical building
$555,000
+30.4%
Neighborhood: shopping center
$505,000
+18.9%
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
by Request
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
$505,000
6.5%
$465,000
7%
$435,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$425,000
Current use
WAREHOUSE, STORAGE
$860,000
Change: +103% · Conversion: Difficult
MEDICAL BUILDING
$555,000
Change: +30% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$505,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$505,000
Change: +19% · Conversion: Easy
AUTO REPAIR, GARAGE
$400,000
Change: -6% · Conversion: Difficult
OFFICE BUILDING
$395,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $850k (Aug 29 2023)
Last sale anchor
$850k
Aug 29 2023
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
$270 / 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
$1,594
Tax year 2024
Assessed value
$188,372
Assessed 2024
Previous assessed
$163,852
+15.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$87,412
Assessed improvement
$100,960
Land market value
$218,530
Improvement market value
$252,400
Total market value
$470,930
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1940
Heating
NONE
Total area
2,297 SF
Lot
0.22 ac (9,492 SF)
Zoning code
OI
APN
16115801100
UPID
US22-0837030
Jurisdiction
COBB
Zoning & alternative use
OI · Marietta, GA
Zoning OI · permitted uses
OI · 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
COMMERCIAL (GENERAL) Current
Est. value
$425,000
WAREHOUSE, STORAGE
Est. value
$860,000
MEDICAL BUILDING
Est. value
$555,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$505,000
RETAIL STORES
Est. value
$505,000
AUTO REPAIR, GARAGE
Est. value
$400,000
OFFICE BUILDING
Est. value
$395,000
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1940
Heating
NONE
Lot
0.22 ac
Current owner
From public records · entity-resolved
Rog Holdings LLC
Entity
Mailing address
589 RIPPLEWATER DR SW, MARIETTA, GA 30064-2474
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2023
$850,000
Rog Holdings LLC
William J Mckenney
Warranty Deed
$722,500 · Fifth Third Bank NA
Aug 9, 2005
$200,000
William J Mckenney
Shuler,arthur K JR
Warranty 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 50 Polk NW St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
