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Property profile & analytics
OFF-MARKET
Estimated value
$28,675,000
Community centers
860 Cobb Pl NW Blvd Kennesaw, GA 30144-4863
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1320585
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1992
Total area
219,912 SF
Lot
20.06 ac (873,814 SF)
Zoning code
GC
APN
16064700020
UPID
US22-1320585
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
-
Fancy Feline Rescue Of The South Charitable Organization Social Service Agency
-
ALDI Specialty Food Shop Supermarket
-
First Watch Restaurant
-
Georgia Furniture Mart Furniture & Home Goods Home Decor Store
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$31.41M
Blend (final)
Blend
$28.68M
Owner & transaction history
Atlanta Restaurant Partners LLC · 3 yrs held
Atlanta Restaurant Partners LLC
since 2023
Last sale
$31.5M
5 recorded transactions
Zoning & alternative use
GC · Kennesaw, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$47.0M
+9.1%
Auto repair, garage
$43.8M
+1.6%
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 Kennesaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennesaw 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
$20,390,000
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
$43,090,000
Current use
APARTMENT HOUSE (5+ UNITS)
$47,005,000
Change: +9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$43,765,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$28.68M
Range $25.81M – $31.54M · ±10% · vs last sale $31.45M (Jun 20 2023)
Last sale anchor
$31.45M
Jun 20 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
$130 / 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
$388,205
Tax year 2024
Assessed value
$11,044,240
Assessed 2024
Previous assessed
$8,948,000
+23.4% YoY
Effective rate
3.51%
On assessed value
Assessed land
$5,301,520
Assessed improvement
$5,742,720
Land market value
$13,253,800
Improvement market value
$14,356,800
Total market value
$27,610,600
Applied tax rate
8.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1992
Heating
NONE
Buildings
3
Total area
219,912 SF
Lot
20.06 ac (873,814 SF)
Zoning code
GC
APN
16064700020
UPID
US22-1320585
Jurisdiction
COBB
Zoning & alternative use
GC · Kennesaw, GA
Zoning GC · permitted uses
GC · Kennesaw, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kennesaw. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$43.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$47.0M
AUTO REPAIR, GARAGE
Est. value
$43.8M
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1992
Heating
NONE
Buildings
3
Lot
20.06 ac
Current owner
From public records · entity-resolved
Atlanta Restaurant Partners LLC
Entity
Free & Clear · 3 yrs held
Mailing address
500 E BROWARD BLVD STE #1130, FORT LAUDERDALE, FL 33394-3022
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2023
—
Atlanta Restaurant Partners LLC
Brightwood Loan Services LLC
Quit Claim Deed
related
—
Mar 11, 2022
—
Atlan Ta Restaurant Partners
—
Deed
related
$4,703,376 · Brightwood Loan Services LLC
Nov 16, 2004
$31,450,000
Centro Watt Operating Ptshp 2 Ll
Ecured Properties Invtrs Xi
Grant Deed
—
Nov 16, 2004
—
Centro Watt Operating Ptshp 2 Ll
Ecured Properties Invtrs Xi
Quit Claim Deed
related
—
Jul 6, 2004
—
Secured Properties Invtrs Xi LP
—
Trustees Deed
related
$32,500,000 · Bank Of America
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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