Property profile

565 Cobb Pkwy SE Marietta, GA 30060

FOR SALE
Commercial land
Property ID
US22-0856056
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Property summary

AI-generated overview

565-575 S. Cobb Pkwy Marietta, Georgia located in the SE Cobb County/Marietta submarket is a two tract out parcel that under went site work for the construction of an affordable 55+ apartment community for active adults right in the heart of Marietta, GA known as Banberry. The 91 unit offers one and two bedroom floor plans. The occupancy is at 60 percent and 80 percent pre-leased. Remaining is tract B of 0.610 Acres zoned CRC Community Retail Commercial. Ready for retail or restaurant build to suit free standing building of 2,400 sf with a drive-thru. Conveniently located along I-75 and 285 in an Opportunity Zone , this out-parcel is across the street from KSU Technology campus, other area attractions include the Big Chicken, Franklin Gateway home to the Atlanta Untied practice Field, Dobbins Air Force Base the Battery Ball Park mixed-use development home to the Atlanta Braves Walmart & Cosco. Southeast Marietta - Marietta, GA Area Guide A suburban college town outside of Atlanta College Town•Golfing•Military•Accessible•Suburban Home to Kennesaw State University and the Dobbins Air Reserve Base, Southeast Marietta is split between a college town and a military base. Located just outside of Downtown Marietta, residents of the Southeast district have easy access to everything that makes Downtown so charming. From local breweries, restaurants, and bars to theaters, parks, and museums, Marietta has it all. Southeast Marietta has directly access to Interstate 75, which will take you all the way into Downtown Atlanta, located about 15 miles southeast of town. Along the way, you’ll pass lively areas like Cumberland, Vinings, Buckhead, and Atlantic Station. The Fox Creek Golf Course & Driving Range sits at the edge of Southeast Marietta, and there’s a variety of supermarkets, retailers, and services within this neighborhood. However, for more shopping and dining options, check out nearby Cumberland Mall or Downtown Marietta! apartment building known as and a retail or restaurant build to suit free standing building of 2,400 sf with a drive-thru.

Property profile

Verified
Property type Commercial land
UPID US22-0856056

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
  • Apartment Complex

Location

565 Cobb Pkwy SE Marietta, GA 30060
Marietta metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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