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Property profile & analytics
OFF-MARKET
Estimated value
$4,545,000
Strip malls
737 Roswell NE St Marietta, GA 30060-3509
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US22-1423187
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1963
Total area
28,766 SF
Lot
2.14 ac (93,218 SF)
Zoning code
CRC
APN
16123501170
UPID
US22-1423187
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
-
Total Insurance Insurance Agency
-
Fantastic Hair Salon Hair Salon
-
Julia's Taqueria Restaurant
-
Paleteria Michoacana Ice Cream Grocery & Convenience Store Specialty Food Shop
-
DolEx Dollar Express Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.55M
Owner & transaction history
Covalasco Properties II LLC · 7 yrs held
Covalasco Properties II LLC
since 2019
5 recorded transactions
Zoning & alternative use
CRC · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.0M
+9.7%
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
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$6,335,000
Current use
MEDICAL BUILDING
$6,950,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$4.55M
Range $4.09M – $5.00M · ±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
$158 / 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
$11,125
Tax year 2024
Assessed value
$1,315,040
Assessed 2024
Previous assessed
$1,314,280
+0.1% YoY
Effective rate
0.85%
On assessed value
Assessed land
$529,424
Assessed improvement
$785,616
Land market value
$1,323,560
Improvement market value
$1,964,040
Total market value
$3,287,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1963
Heating
NONE
Total area
28,766 SF
Lot
2.14 ac (93,218 SF)
Zoning code
CRC
APN
16123501170
UPID
US22-1423187
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.3M
MEDICAL BUILDING
Est. value
$7.0M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
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
1963
Heating
NONE
Lot
2.14 ac
Current owner
From public records · entity-resolved
Covalasco Properties II LLC
Entity
Mailing address
737 ROSWELL ST NE STE #204, MARIETTA, GA 30060-3503
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2024
—
Covalasco Properties II LLC
—
Deed
related
$1,091,000 · Small Business Access Partners INC
Mar 19, 2024
—
Ciro Covarrubias
—
Deed
related
$1,065,290 · Jpmorgan Chase Bank NA
Mar 29, 2019
$2,800,000
Covalasco Properties II LLC
Ccl & Partners INC
Grant Deed
$2,296,000 · Commonwealth Busn Bk
Sep 25, 2012
$2,050,000
Ccl & Partners INC
Hd Properties INC
Grant Deed
$1,250,000 · Standard Insurance Co
Jul 2, 2004
$2,300,000
Hd Properties INC
Roswell Street Partners LLC
Grant Deed
$1,725,000 · Bank Of North Georgia
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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