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Property profile & analytics

51 Lott SE Ave Marietta, GA 30067-7466

  • Investment properties
  • 999 SF
  • 0.27 lot acres
OFF-MARKET
Value Estimation
$455,000
Last Sale
Oct 13, 2022
$360,000
Location Intelligence
Property ID
US22-1212237
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

  • Investment properties

Property Details for 51 Lott SE Ave

Year built
1953
Lot size
0.27 lot acres
Property size
999 SF
Zone code
GC
Property type
Investment properties
Property subtype
Live-work space
APN
16124100320
APU
16124100320

Description

This exceptional investment opportunity presents a fully renovated, 1953-built brick building situated on a 0.266-acre lot at 51 Lott Avenue SE, Marietta, GA 30067. Currently zoned commercial, this property boasts five executive office suites and a rear garage shop, all within easy reach of I-75, Powers Ferry Road, and Lower Roswell Road. The building features new hardwood floors and fresh interior and exterior paint. Two office suites and the garage shop are currently leased, generating immediate cash flow, while three additional office suites are available for lease, presenting a significant opportunity to increase profitability. An unfinished basement offers further expansion potential, allowing for additional rental income and a substantial increase in capitalization rate. The property includes a double driveway and a fenced backyard. A detailed profit and loss statement, rent roll, and leases are available upon request. The asking price is $450,000, with a current capitalization rate of 9%. This property offers a compelling combination of strong cash flow, excellent location, and significant upside potential.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $495,000
  • CAP approach

    CAP return
    Estimation
    6%
    $365,000
    6.5%
    $440,000
    7%
    $440,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $370,000
    Geo Method
    $375,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $405,000
    Retail
    $445,000
    Mixed-Use
    $455,000
    Hospitality
    $405,000
    Educational
    $470,000
    Residential Income
    $380,000
    Energy
    $415,000
    Income-Based Land
    $355,000
    Food Service
    $405,000

Location Insight

  • Map
  • Local Demand
City
Marietta
County
Cobb
State
Georgia
Longitude
-84.5046
Latitude
33.9487
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
$2,388
$35,976
$43,240
$79,216
-
$89,940
$108,100
$198,040
More about this property
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