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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Assisted living facilities
557 Waterman SE St Marietta, GA 30060-2009
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US22-1903764
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1940
Total area
14,204 SF
Lot
0.36 ac (15,600 SF)
Zoning code
OI
APN
16123400420
UPID
US22-1903764
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
-
Azalea Manor Personal Care Home Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$520k
Owner & transaction history
Azalea Holdings Group LLC · 9 yrs held
Azalea Holdings Group LLC
since 2016
7 recorded transactions
Zoning & alternative use
OI · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$37 / 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
$4,003
Tax year 2024
Assessed value
$473,136
Assessed 2024
Previous assessed
$473,136
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$78,976
Assessed improvement
$394,160
Land market value
$197,440
Improvement market value
$985,400
Total market value
$1,182,840
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1940
Heating
NONE
Total area
14,204 SF
Lot
0.36 ac (15,600 SF)
Zoning code
OI
APN
16123400420
UPID
US22-1903764
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.
Building & site characteristics
From public records
Year built
1940
Heating
NONE
Lot
0.36 ac
Current owner
From public records · entity-resolved
Azalea Holdings Group LLC
Entity
Mailing address
PO BOX 8118, SADDLE BROOK, NJ 07663-8118
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2016
—
Azalea Holdings Group LLC
One Putt Properties LLC
Quit Claim Deed
related
—
Dec 28, 2016
$2,700,000
Azalea Holdings Group LLC
One Putt Properties LLC
Grant Deed
related
$1,920,000 · Touchmark Nat'l Bk
Jun 2, 2008
—
1 Putt Properties LLC
Pascoe,billie J
Quit Claim Deed
related
$1,967,500 · Sunrise Bank Of Atlanta
Jun 2, 2008
$2,232,500
1 Putt Properties LLC
Pascoe,billie J
Grant Deed
—
May 30, 2008
$2,232,500
One Putt Properties LLC
Pascoe,billie Jean
Grant Deed
—
May 30, 2008
—
One Putt Properties LLC
Pascoe,billie Jean
Grant Deed
related
—
—
—
Billie J Pascoe
—
Deed Of Trust
related
$28,844 · Branch Banking & Trust Co
—
—
One Putt Properties LLC
—
Deed Of Trust
related
$1,324,573 · Morris Bk
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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