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Property profile & analytics
OFF-MARKET
Estimated value
$3,995,000
Hotels
871 Cobb Pl NW Blvd, Kennesaw, GA 30144-6806
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-0948891
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1994
Total area
30,591 SF
Lot
1.62 ac (70,567 SF)
Zoning code
GC/WS
APN
16064800040
UPID
US22-0948891
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
-
Hampton Inn Atlanta-Town Center/Kennesaw Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.43M
Blend (final)
Blend
$4.00M
Owner & transaction history
Florida Business Development Corpor · 2 yrs held
Florida Business Development Corpor
since 2024
Last sale
$4.0M
5 recorded transactions
Zoning & alternative use
GC/WS · Kennesaw, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$6.5M
+65.1%
Auto repair, garage
$6.1M
+53.7%
Neighborhood: shopping center
$6.0M
+51.4%
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
$3,995,000
ML approach
$3,995,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,960,000
Current use
APARTMENT HOUSE (5+ UNITS)
$6,540,000
Change: +65% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,090,000
Change: +54% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,995,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$4.00M
Range $3.60M – $4.39M · ±10% · vs last sale $4.00M (Feb 5 2024)
Last sale anchor
$4.00M
Feb 5 2024
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
$131 / 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
$67,148
Tax year 2024
Assessed value
$2,227,120
Assessed 2024
Previous assessed
$2,225,120
+0.1% YoY
Effective rate
3.02%
On assessed value
Assessed land
$580,692
Assessed improvement
$1,646,428
Land market value
$1,451,730
Improvement market value
$4,116,070
Total market value
$5,567,800
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1994
Heating
NONE
Units
59
Total area
30,591 SF
Lot
1.62 ac (70,567 SF)
Zoning code
GC/WS
APN
16064800040
UPID
US22-0948891
Jurisdiction
COBB
Zoning & alternative use
GC/WS · Kennesaw, GA
Zoning GC/WS · permitted uses
GC/WS · 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
HOTEL/MOTEL Current
Est. value
$4.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.5M
AUTO REPAIR, GARAGE
Est. value
$6.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.0M
HOTEL/MOTEL Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1994
Heating
NONE
Units
59
Lot
1.62 ac
Current owner
From public records · entity-resolved
Florida Business Development Corpor
Entity
Mailing address
1715 N WESTSHORE BLVD #780, MOBILE, AL 36607
Ownership since
2024
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
Feb 5, 2024
$3,996,000
Florida Business Development Corpor
Mvk Aars Hospitality LLC
Deed
—
Nov 30, 2023
$5,850,000
Mvk Aars Hospitality LLC
Bdr INC
Limited Warranty Deed
$3,250,000 · Century Bank Of Georgia
—
—
B,r D INC
—
Deed Of Trust
related
$2,405,630 · United Community Bank
—
—
Brd INC
—
Deed Of Trust
related
$3,127,300 · Bank Of Atlanta
—
—
Bharat Desai
—
Deed Of Trust
related
$50,877 · Main Street Bank
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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