New search
Property profile & analytics
OFF-MARKET
Estimated value
$10,585,000
Grocery and convenience stores
70 Powers Fry SE Rd, Marietta, GA 30067-7507
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1680458
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1987
Total area
112,855 SF
Lot
2.4 ac (104,344 SF)
Zoning code
CRC
APN
16123900060
UPID
US22-1680458
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
-
Router Management Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.15M
Blend (final)
Blend
$10.59M
Owner & transaction history
Spirit Realty LP · 9 yrs held
Spirit Realty LP
since 2017
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
$10.59M
Range $9.53M – $11.64M · ±10%
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
$94 / 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
$19,020
Tax year 2024
Assessed value
$2,248,216
Assessed 2024
Previous assessed
$2,248,216
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$417,336
Assessed improvement
$1,830,880
Land market value
$1,043,340
Improvement market value
$4,577,200
Total market value
$5,620,540
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1987
Heating
NONE
Total area
112,855 SF
Lot
2.4 ac (104,344 SF)
Zoning code
CRC
APN
16123900060
UPID
US22-1680458
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
1987
Heating
NONE
Lot
2.4 ac
Current owner
From public records · entity-resolved
Spirit Realty LP
Entity
Free & Clear · 9 yrs held
Mailing address
12404 PARK CENTRAL DR STE 400N, DALLAS, TX 75251-1812
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2025
—
Accent Marietta Atlanta LP
—
Deed
related
$39,800,000 · Renasant Bank
Sep 30, 2021
—
Marietta Crossing LLC
—
Deed
related
$5,000,000 · Montgomery Capital Partners IV LP
Nov 7, 2019
—
Marietta Crossing LLC
—
Deed
related
$5,000,000 · Veritex Cmnty Bk
Aug 29, 2019
—
Marietta Crossing LLC
—
Deed
related
$5,000,000 · Veritex Cmnty Bk
Mar 29, 2017
$8,724,138
Spirit Realty LP
Marietta Crossing LLC
Grant Deed
—
Mar 29, 2017
$9,500,000
Marietta Crossing LLC
Wfm Cobb Property Invs LLC
Grant Deed
$3,000,000 · Private Individual
Mar 29, 2017
—
Marietta Crossing LLC
Wfm Cobb Property Invs LLC
Quit Claim Deed
related
—
—
—
Marietta Crossing LLC
—
Loan Modification
related
$5,000,000 · Veritex Cmnty Bk
—
—
Marietta Crossing LLC
—
Loan Modification
related
$5,000,000 · Veritex Cmnty Bk
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 70 Powers Fry SE Rd?
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.
