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Property profile & analytics
OFF-MARKET
Retail space
732 Cherokee NE St, Marietta, GA 30060-8962
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1265270
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2018
Total area
8,789 SF
Lot
1.36 ac (59,154 SF)
Zoning code
NRC
APN
16107400390
UPID
US22-1265270
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
-
Tropical Smoothie Cafe Restaurant
-
Panera Bread Cafe & Coffee Shop
-
Phyllis Restaurant Cafe & Coffee Shop
-
Lovelace Multi Care Health Services Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
L & M Partners Group LLC · 3 yrs held
L & M Partners Group LLC
since 2023
Last sale
$5.6M
7 recorded transactions
Zoning & alternative use
NRC · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,728
Tax year 2024
Assessed value
$913,440
Assessed 2024
Previous assessed
$647,080
+41.2% YoY
Effective rate
0.85%
On assessed value
Assessed land
$325,200
Assessed improvement
$588,240
Land market value
$813,000
Improvement market value
$1,470,600
Total market value
$2,283,600
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
2018
Heating
NONE
Total area
8,789 SF
Lot
1.36 ac (59,154 SF)
Zoning code
NRC
APN
16107400390
UPID
US22-1265270
Jurisdiction
COBB
Zoning & alternative use
NRC · Marietta, GA
Zoning NRC · permitted uses
NRC · 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
2018
Heating
NONE
Lot
1.36 ac
Current owner
From public records · entity-resolved
L & M Partners Group LLC
Entity
Mailing address
PO BOX 250509, ATLANTA, GA 30325-1509
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2023
$5,600,000
L & M Partners Group LLC
732 Cherokee Street LLC
Limited Warranty Deed
$3,100,000 · Eastman Cu
Nov 30, 2020
—
732 Cherokee Street LLC
—
Deed
related
$3,620,000 · Hometrust Bank
Apr 24, 2017
—
732 Cherokee Street LLC
Je Cherokee Street LLC
Quit Claim Deed
related
—
Apr 24, 2017
$1,861,100
732 Cherokee Street LLC
Je Cherokee Street LLC
Grant Deed
$3,836,256 · Fifth Third Bk
Nov 3, 2009
—
Jecherokee St LLC
—
Trustees Deed
related
$500,000 · Georgia Commerce Bank
Feb 20, 2008
$2,250,000
Je Cherokee St LLC
Holt,terry L & Kathy
Grant Deed
$1,908,000 · Georgia Commerce Bank
Feb 15, 2008
$2,250,000
Je Cherokee Street LLC
Holt,terry Lynn
Grant Deed
—
Jan 5, 2007
$825,000
Terry Holt
Remancy INC
Warranty Deed
—
Jan 5, 2007
—
Terry L Holt
Remancy INC
Quit Claim Deed
related
—
—
—
Je Cherokee Street LLC
—
Deed Of Trust
related
$500,000 · Georgia Commerce Bank
—
—
Je Cherokee Street LLC
—
Deed Of Trust
related
$500,000 · Georgia Commerce Bank
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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