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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Medical Office Space
850 Lecroy NE Dr, Marietta, GA 30068-2222
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1641865
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Total area
6,220 SF
Lot
0.99 ac (43,313 SF)
Zoning code
OI
APN
16103000030
UPID
US22-1641865
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
-
Reilly Dental Dental Office
-
Thomas Reilly Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.09M
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
$731k
Blend (final)
Blend
$1.21M
Owner & transaction history
East Cobb Dental Holdings LLC · 3 yrs held
East Cobb Dental Holdings LLC
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
OI · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.8M
+22.6%
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
$1,170,000
ML approach
$1,090,000
CAP Approach
CAP Return
Estimation
6%
$1,505,000
6.5%
$1,385,000
7%
$1,290,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,500,000
Current use
OFFICE BUILDING
$1,840,000
Change: +23% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,370,000
Change: -9% · Conversion: Difficult
RETAIL STORES
$1,370,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.21M
Range $1.09M – $1.33M · ±10% · vs last sale $1.20M (Mar 31 2023)
Last sale anchor
$1.20M
Mar 31 2023
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
$195 / 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
$17,113
Tax year 2024
Assessed value
$567,600
Assessed 2024
Previous assessed
$567,600
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$243,400
Assessed improvement
$324,200
Land market value
$608,500
Improvement market value
$810,500
Total market value
$1,419,000
Applied tax rate
9.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1988
Heating
NONE
Total area
6,220 SF
Lot
0.99 ac (43,313 SF)
Zoning code
OI
APN
16103000030
UPID
US22-1641865
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
MEDICAL BUILDING Current
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
MEDICAL BUILDING Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1988
Heating
NONE
Lot
0.99 ac
Current owner
From public records · entity-resolved
East Cobb Dental Holdings LLC
Entity
Mailing address
850 LECROY DR NE, MARIETTA, GA 30068-2222
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2023
$1,200,000
East Cobb Dental Holdings LLC
Reilly Holdings LLC
Limited Warranty Deed
$960,000 · Provide INC
Apr 24, 2015
—
Reilly Holdings LLC
Kc Propco Holding I LLC
Quit Claim Deed
related
$367,250 · Edison Capital LLC
Apr 24, 2015
$561,000
Reilly Holdings LLC
Kc Propco Holding I LLC
Grant Deed
related
—
Dec 31, 2014
—
Kc Propco Holding I LLC
Kinder-care Learning Centers I
Grant Deed
related
—
Jun 9, 2008
—
Kc Propco Holding I LLC
Kindercare Learning Cnters INC
Grant Deed
related
—
—
—
Reilly Holdings LLC
—
Deed Of Trust
related
$1,785,000 · Live Oak Bkg
—
—
Kindercare Learning Centers INC
—
Deed Of Trust
related
—
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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