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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    763 Whitlock Ave SW Marietta, GA 30064

    • Strip malls
    • 60,316 SF
    • 6.75 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1289617
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mazza Ashley G DVM / Veterinarian

    Property Details for 763 Whitlock Ave SW

    Year built
    1974
    Lot size
    6.75 lot acres
    Property size
    60,316 SF
    Zone code
    CRC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    16122500090
    APU
    16122500090

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $11,170,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5759
    Latitude
    33.9512
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $23,350
    $1,202,668
    $1,557,332
    $2,760,000
    -
    $3,006,670
    $3,893,330
    $6,900,000

    Comparable in this City

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      18,577 SF

      3960 Mary Eliza NW Trce

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      3960 Mary Eliza NW Trce, Marietta, GA 30064-1079
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    • Value Estimation by Request
      6,000 SF

      365 Villa Rica SW Way

      SHOPPING CENTER, STRIP CENTER • 6,000 SF
      365 Villa Rica SW Way, Marietta, GA 30064-5727
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    • Value Estimation
      $1,100,000
      15,660 SF

      1115 Powder Spgs St

      SHOPPING CENTER, STRIP CENTER • 15,660 SF
      1115 Powder Spgs St, Marietta, GA 30064-5268
      View Details
    • Value Estimation
      $2,970,000
      13,294 SF

      1720 Powder Spgs SW Rd

      SHOPPING CENTER, STRIP CENTER • 13,294 SF
      1720 Powder Spgs SW Rd, Marietta, GA 30064-4899
      View Details
    • Value Estimation
      $2,800,000
      16,240 SF

      3718 Dallas SW Hwy

      SHOPPING CENTER, STRIP CENTER • 16,240 SF
      3718 Dallas SW Hwy, Marietta, GA 30064-5982
      View Details
    • Value Estimation
      $1,900,000
      14,416 SF

      2325 Powder Spgs SW Rd

      SHOPPING CENTER, STRIP CENTER • 14,416 SF
      2325 Powder Spgs SW Rd, Marietta, GA 30064-4443
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      High-Exposure Corner Retail/Office Plaza

      Office/retail building on 1.7 acres with long-term tenants.
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      Marietta Retail Property: Prime Location

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      Marietta Commercial Property For Sale

      Commercial property in Marietta, GA with established retail tenant.
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      Retail Property with Historic Charm

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      Marietta Retail Property For Sale

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      3760 Due Rd W, Marietta, GA 30064
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    • $1,100,000
      4.60 Acres

      Marietta Land: 4.6 Acres, R20

      Prime Marietta commercial/residential land. Excellent location, high potential.
      1860 Powder Springs Rd, Marietta, GA 30064
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      42,200 SF

      Horseshoe Bend Shopping Center Opportunity

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      1,500 SF

      Retail Space Near Kennesaw Park

      Retail space anchored by Goodwill and Dollar Tree.
      763 Whitlock Ave SW, Marietta, GA 30064
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      28,102 SF

      Clocktower Village Retail Space

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      999 Whitlock Ave, Marietta, GA 30064
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      2,009 SF

      Turnkey Restaurant Space with Patio

      2,009 SF restaurant with bar and dedicated patio.
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      Marietta Retail Space: Prime Location

      6,000 SF Vacant Retail Space in Marietta, GA
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    • Contact for pricing
      11,932 SF

      Marietta Office Suites Available

      Prime Marietta location, flexible suites.
      795 Powder Springs St, Marietta, GA 30064
      View Details
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    763 Whitlock Ave SW
    Marietta, GA 30064
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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