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Property profile & analytics
OFF-MARKET
Estimated value
$13,230,000
Assisted living facilities
811 Kennesaw NW Ave Marietta, GA 30060-1002
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1094887
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1964
Total area
63,692 SF
Lot
6.44 ac (280,367 SF)
Zoning code
OI
APN
16101100600
UPID
US22-1094887
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
-
Tran Steve D MD Physician
-
Signature HealthCARE of Marietta Hospital
-
SMITA UPKAR VARSHNEY Physician
-
Marietta Center for Nursing and Healing Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.97M
Blend (final)
Blend
$13.23M
Owner & transaction history
Marietta Ga Opco LLC · 1 yrs held
Marietta Ga Opco LLC
since 2025
Last sale
$15.5M
3 recorded transactions
Zoning & alternative use
OI · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$15.4M
+21.4%
Neighborhood: shopping center
$14.0M
+10.6%
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
$15,655,000
ML approach
$10,525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$12,675,000
Current use
MEDICAL BUILDING
$15,385,000
Change: +21% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$14,020,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$13.23M
Range $11.91M – $14.55M · ±10% · vs last sale $15.49M (Oct 12 2022)
Last sale anchor
$15.49M
Oct 12 2022
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
$208 / 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
$18,816
Tax year 2024
Assessed value
$2,224,156
Assessed 2024
Previous assessed
$2,224,156
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$1,486,232
Assessed improvement
$737,924
Land market value
$3,715,580
Improvement market value
$1,844,810
Total market value
$5,560,390
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1964
Heating
NONE
Total area
63,692 SF
Lot
6.44 ac (280,367 SF)
Zoning code
OI
APN
16101100600
UPID
US22-1094887
Jurisdiction
COBB
Zoning & alternative use
OI · Marietta, GA
Zoning OI · permitted uses
OI · 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$12.7M
MEDICAL BUILDING
Est. value
$15.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.0M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1964
Heating
NONE
Lot
6.44 ac
Current owner
From public records · entity-resolved
Marietta Ga Opco LLC
Entity
Mailing address
980 SYLVAN AVE, ENGLEWOOD CLIFFS, NJ 07632-3315
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2025
—
Marietta Ga Opco LLC
Ga2 Mt LLC
Deed
$26,880,000 · Lument Real Estate Capital LLC
Oct 12, 2022
$15,493,700
Marietta Ga Propco LLC
Nrs Ventures LLC
Special Warranty Deed
$39,378,800 · Forbright Bank
—
—
Nrs Ventures LLC
—
Deed Of Trust
related
$100,000,000 · General Electric Capital Corp
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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