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Financial
Distress signals
Property profile

585 Franklin SE Gtwy Marietta, GA 30067

OFF-MARKET
Strip malls
Property ID
US22-1310935
66,000 SF 4.8 ac lot Built 1984
Last sale Sep 2004 · $3,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Nazareth Plaza is a two-story shopping center totaling 78,400 square feet on a 4.5-acre site, with an additional 1.8 acres included. The property includes multiple points of egress and is laid out to support continued retail use and also allows for potential repositioning or redevelopment. Conceptual alternative uses that have been identified for the site include mixed-use development, multifamily residential, senior living, medical uses, and office use, subject to applicable approvals. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$2.28M
Assessed land$1.22M
Assessed improvement$1.06M
Effective rate0.85%

Value estimate

· Oct 2026
$950k
$855k – $1.05M
Submarket $/SF estimate$9.72M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$220/SF
Submarket average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$92 – $349
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CRC
CRC Community Retail Commercial 708.16 (PDF) RRC Regional Retail Commercial 708.17 (PDF) CBD Central Business District 708.18 (PDF) PCD P...
General categoryCOMMERCIAL
JurisdictionCOBB

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.8
Veterinary Clinic8.7
Tailor Shop8.5

Location

585 Franklin SE Gtwy Marietta, GA 30067-7700
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1453 Terrell Ml SE Rd, Marietta, GA 30067-6132 $13,815,385 May 2025 No data
470 Franklin SE, Marietta, GA 30067-7739 $1,900,000 Nov 2024 9,166 SF
58 Shawnee SE, Marietta, GA 30067-7316 $800,000 Oct 2022 6,771 SF
2555 Delk SE, Marietta, GA 30067-6328 $3,500,000 Mar 2022 24,491 SF
2361 Windy Hl SE, Marietta, GA 30067-8661 $2,214,300 Aug 2020 4,800 SF
2697 Windy Hl SE, Marietta, GA 30067-8612 $2,935,000 Jun 2019 4,656 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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