New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,555,000
Retail space
587 Cobb S Pkwy, Marietta, GA 30060-6515
Individually Owned
Absentee Owner
Free & Clear
Property ID
US22-1836495
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1946
Total area
17,818 SF
Lot
1.63 ac (70,888 SF)
Zoning code
CRC
APN
17050600480
UPID
US22-1836495
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
-
Carpet Uno Floor Sales & Installation Carpet & Flooring Store Hardware & Home Improvement
-
Tango Flooring General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.56M
Owner & transaction history
London Levi Andes Revocable Living
London Levi Andes Revocable Living
since 2026
Last sale
$27,800
7 recorded transactions
Zoning & alternative use
CRC · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.56M
Range $1.40M – $1.71M · ±10% · vs last sale $28k (Jan 7 2025)
Last sale anchor
$28k
Jan 7 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$87 / 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
$3,563
Tax year 2024
Assessed value
$421,200
Assessed 2024
Previous assessed
$421,200
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$359,740
Assessed improvement
$61,460
Land market value
$899,350
Improvement market value
$153,650
Total market value
$1,053,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1946
Heating
NONE
Total area
17,818 SF
Lot
1.63 ac (70,888 SF)
Zoning code
CRC
APN
17050600480
UPID
US22-1836495
Jurisdiction
COBB
Zoning & alternative use
CRC · Marietta, GA
Zoning CRC · permitted uses
CRC · 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
1946
Heating
NONE
Lot
1.63 ac
Current owner
From public records · entity-resolved
London Levi Andes Revocable Living
Individual
Free & Clear · 0 yrs held
Mailing address
201 ALLEN RD STE 300TH ATLANTA
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
24 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2026
—
London Levi Andes Revocable Living
The Jerry M Andes Revocable Living
Deed
related
—
Oct 1, 2025
—
The James Belser Trust
James B Elser
Deed
related
—
Aug 31, 2025
—
Michael And Beverly Kay Dauria Rev
Michael Dauria
Deed
related
—
Jan 7, 2025
—
Newburger Investments LLC
Barbara F Newburger
Deed
related
—
Sep 7, 2024
—
Alembik Family Holdings LLC
Judith M Alembik
Intrafamily Transfer
related
—
Jan 25, 2022
$27,800
Jerry M Andes
David Andes
Limited Warranty Deed
—
Jun 4, 2021
$9,700
K2 Real Estate Holdings LLC
Matt S Mcclintock
Limited Warranty Deed
—
May 31, 2018
—
Unified,credit Trust A
Sidney H Newburger
Quit Claim Deed
related
—
May 22, 2018
—
Andes,jerry M Living Trust
Andes,jerry M
Quit Claim Deed
related
—
Mar 19, 2018
—
Wendi G Tillem
Tillem Jerry Trust
Quit Claim Deed
related
—
Sep 7, 2017
—
Kevin Kester
NA Management Properties LLC
Grant Deed
related
—
Aug 24, 2017
$47,400
NA Management Properties LLC
Obrien Kimberly 2009 Trust
Warranty Deed
—
Jul 31, 2017
—
Paul Frysh
Frysh,jeffrey
Quit Claim Deed
related
—
Jun 27, 2017
—
Michael J Dauria
NA Management Properties LLC
Quit Claim Deed
related
—
May 10, 2017
$49,300
NA Management Properties LLC
Obrien Kimberly 2009 Trust
Warranty Deed
—
Apr 19, 2016
—
Tillem,jerry Trust
Tillem Jerry
Quit Claim Deed
related
—
Jan 27, 2016
—
Andes,david Living Trust
Andes,david M
Quit Claim Deed
related
—
Jun 9, 2015
—
Tillem,yvonne Trust
Tillem Yvonne
Quit Claim Deed
related
—
Dec 24, 2014
—
Irene S Miller
Miller Irene S
Quit Claim Deed
related
—
Jul 31, 2014
—
Judith Alembik
Alembik Aaron
Quit Claim Deed
related
—
Nov 20, 2013
—
Obrien,kimberly 2009 Trust
Kob Investments LLC
Quit Claim Deed
related
—
Jun 14, 2011
$24,700
Aaron Alembik
Pate,charles H
Grant Deed
—
Mar 3, 2009
—
Kob Investments LLC
Obrien 2007 Family Trust
Grant Deed
related
—
Feb 9, 2007
—
Marguerite O'brien
Obrien,robert
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 587 Cobb S Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.