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Property profile & analytics
OFF-MARKET
Estimated value
$5,165,000
Drug stores
684 Cobb N Pkwy Marietta, GA 30062-3323
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1172646
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2005
Total area
10,855 SF
Lot
1.37 ac (59,677 SF)
Zoning code
CRC
APN
16107100340
UPID
US22-1172646
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
-
MoneyGram Bank Credit Union
-
CVS Pharmacy Pharmacy
-
UPS Access Point location Courier Service Postal Service
-
CVS Pharmacy
-
CVS Photo (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.17M
Owner & transaction history
Dst E N L P 3 Trust · 6 yrs held
Dst E N L P 3 Trust
since 2020
Last sale
$4.8M
6 recorded transactions
Zoning & alternative use
CRC · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.9M
+145.5%
Warehouse, storage
$4.1M
+70.6%
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
$5,545,000
ML approach
$5,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$5,860,000
Change: +145% · Conversion: Easy
WAREHOUSE, STORAGE
$4,075,000
Change: +71% · Conversion: Difficult
Blend value · Realmo final
$5.17M
Range $4.65M – $5.68M · ±10% · vs last sale $4.83M (Feb 10 2020)
Last sale anchor
$4.83M
Feb 10 2020
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
$476 / 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
$6,451
Tax year 2024
Assessed value
$762,492
Assessed 2024
Previous assessed
$762,492
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$376,212
Assessed improvement
$386,280
Land market value
$940,530
Improvement market value
$965,700
Total market value
$1,906,230
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2005
Heating
NONE
Total area
10,855 SF
Lot
1.37 ac (59,677 SF)
Zoning code
CRC
APN
16107100340
UPID
US22-1172646
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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$5.9M
WAREHOUSE, STORAGE
Est. value
$4.1M
RESTAURANT
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Lot
1.37 ac
Current owner
From public records · entity-resolved
Dst E N L P 3 Trust
Trust
Mailing address
1 CVS DR, WOONSOCKET, RI 02895-6146
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2020
$4,830,800
Dst E N L P 3 Trust
Whh Properties LLC
Grant Deed
—
Feb 25, 2020
—
Exchangeright,net Leased Portf Trust
—
Deed
related
$64,270,000 · Other Institutional Lenders
Mar 31, 2006
$4,645,000
Whh Prop LLC
Gh & Allgood LLC
Grant Deed
—
Mar 22, 2005
$717,600
Gh & C Allgood LLC
Brown,charles D
Grant Deed
—
Jul 19, 2004
—
Charles D Brown
Marili INC
Quit Claim Deed
related
—
—
—
Exchangeright,net Leased Portf Trust
—
Deed Of Trust
related
$64,270,000 · Other Institutional Lenders
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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