Technical
Financial
Distress signals
Property profile

562 Wylie Rd Southeast Marietta, GA 30067

FOR LEASE
Strip malls
Property ID
US22-1278510
48,800 SF 3.84 ac lot Built 1984
Entity Owned 15-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 48,800 square foot retail and office property in Marietta, Georgia, presents a compelling investment opportunity. Located at 562 Wylie Rd SE, this single-story, Class B building boasts 16 suites, with a minimum divisible space of 1,600 square feet. Currently, 3,800 square feet are available. The property, built in 1985 and extensively renovated in 2023, sits on four acres of land and includes 167 parking spaces. Conveniently situated near the busy intersection of Cobb Pkwy and GA-120, it benefits from high traffic volume and visibility. Its strategic location is further enhanced by its proximity to I-75 (half a mile away) and Kennesaw State University (across the street). The property is zoned CRC and features Marietta Power. The property is located in a Federal Opportunity Zone, adding to its investment appeal. Recent developments in the area, including new affordable senior housing behind the building and a new 150-unit townhome development across the street, promise continued growth and increased foot traffic. Property taxes are $1 per square foot. The APN is 17057500250, and the property is located in Cobb County. This is the last available space.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Total area 48,800 SF
Lot 3.84 ac (167,392 SF)
Zoning code CRC
APN 17057500250
UPID US22-1278510

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • Computer & Electronic Repair Auto Repair Shop
  • Security Service
  • Gym & Fitness Center
  • Bank Credit Union

Location

562 Wylie Rd Southeast Marietta, GA 30067
Marietta metro Census 30412 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.79M
Blend (final) Blend
$1.01M

Owner & transaction history

since 2011
3 recorded transactions
2014
Price N/A
2011
$1.3M
2010
Price N/A

Zoning & alternative use

CRC · Marietta, GA
Zoning description

CRC Community Retail Commercial 708.16 (PDF) RRC Regional Retail Commercial 708.17 (PDF) CBD Central Business District 708.18 (PDF) PCD Planned Commercial Development 708.19 (PDF) MXD Mixed-Use Development 708.20 (PDF) O…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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