Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    871 Cobb Pl NW Blvd Kennesaw, GA 30144-6806
    Back to Search
    Property profile & analytics

    871 Cobb Pl NW Blvd Kennesaw, GA 30144-6806

    View on Map
    • Hotels
    • 30,591 SF
    • 1.62 lot acres
    Off-Market
    Last Sale Feb 5, 2024
    $3,996,000
    Property ID
    US22-0948891
    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.
    Value Estimations
    $3,995,000
    Show details
    Cap Rate Potential
    3%
    Hotels
    Location Intelligence

    Current Use by Public Records

    • Hampton Inn Atlanta-Town Center/Kennesaw / Hotel & Motel

    Property Details for 871 Cobb Pl NW Blvd

    Year built
    1994
    Lot size
    1.62 lot acres
    Property size
    30,591 SF
    Zone code
    GC/WS
    Property type
    Hotels
    Property subtype
    Motels
    APN
    16064800040
    APU
    16064800040

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,995,000
      ML approach
      $3,995,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,428,000
      Market price range: $2.75M - $5.43M
      AI Estimate
      $2,910,000
      Market price range: $567k - $4.00M

    • 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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kennesaw
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5739
    Latitude
    34.0107
    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
    $67,148
    $580,692
    $1,646,428
    $2,227,120
    -
    $1,451,730
    $4,116,070
    $5,567,800

    Comparable in this City

    • Value Estimation
      $1,500,000
      6,161 SF

      745 Cobb Pl NW Blvd

      HOTEL/MOTEL • 6,161 SF
      745 Cobb Pl NW Blvd, Kennesaw, GA 30144-7502
      View Details
    • Value Estimation
      $5,100,000
      28,724 SF

      765 Cobb Pl NW Blvd

      HOTEL/MOTEL • 28,724 SF
      765 Cobb Pl NW Blvd, Kennesaw, GA 30144-7502
      View Details
    • Value Estimation
      $6,055,000
      38,437 SF

      3425 Busbee NW Dr

      HOTEL/MOTEL • 38,437 SF
      3425 Busbee NW Dr, Kennesaw, GA 30144-5595
      View Details
    • Value Estimation
      $1,030,000
      24,888 SF

      1454 George Busbee NW Pkwy

      HOTEL/MOTEL • 24,888 SF
      1454 George Busbee NW Pkwy, Kennesaw, GA 30144-5175
      View Details
    • Value Estimation
      $3,005,000
      41,472 SF

      520 Roberts NW Ct

      HOTEL/MOTEL • 41,472 SF
      520 Roberts NW Ct, Kennesaw, GA 30144-4966
      View Details
    • Value Estimation
      $11,265,000
      65,820 SF

      2485 George Busbee NW Pkwy

      HOTEL/MOTEL • 65,820 SF
      2485 George Busbee NW Pkwy, Kennesaw, GA 30144-4961
      View Details

    Similar Nearby for Sale

    • $18,000,000

      Candlewood Suites Kennesaw For Sale

      Luxury extended stay suites near Town Center Shopping Mall.
      745 Cobb Place Blvd Northwest, Kennesaw, GA 30144
      View Details
    • $650,000
      1.29 Acres

      Kennesaw Commercial Land - High Traffic

      Prime 1.3-Acre Commercial Lot
      3792 Cherokee St, Kennesaw, GA 30144
      View Details
    • $2,991,000
      510 SF

      Kennesaw Retail Space For Sale

      Drive-thru coffee shop in premier retail corridor, Kennesaw, GA.
      853 Ernest W Barrett Pkwy NW, Kennesaw, GA 30144
      View Details
    • $650,000

      Kennesaw Commercial Land For Sale

      1.3 acre commercial land with high traffic and utilities.
      3792 NW Cherokee St, Kennesaw, GA 30144
      View Details
    • $499,000
      798 SF

      Commercial Corner Lot and Building

      1.54 acre commercial lot with building and open zoning.
      3905 Jiles Rd NW, Kennesaw, GA 30144
      View Details
    • $70,000
      0.35 Acres

      Residential Land in Kennesaw, GA

      Land parcel suitable for residential development in Kennesaw, Georgia.
      44 Lake Latimer Dr, Kennesaw, GA 30144
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Kennesaw Flex Space Sublease

      Flex space available for sublease in Kennesaw, Georgia.
      3939 Royal Dr NW, Kennesaw, GA 30144
      View Details
    • Contact for pricing

      Retail Space in Kennesaw, GA

      Retail space for lease in Kennesaw near KSU.
      3940 Cherokee St NW, Kennesaw, GA 30144
      View Details
    • Contact for pricing
      202,120 SF

      Kennesaw Warehouse and Distribution Space

      Available for lease: 50,000 - 202,120 SF in Kennesaw, GA.
      4190 Jiles Rd NW, Kennesaw, GA 30144
      View Details
    • Contact for pricing
      20,068 SF

      Kennesaw Class B Office Space

      Class B office campus with flexible configurations and ample parking.
      2045 Vaughn Rd NW, Kennesaw, GA 30144
      View Details
    • Contact for pricing

      Kennesaw Warehouse and Office Space

      Warehouse and office space available for lease near I-75.
      4190 Jiles Rd NW, Kennesaw, GA 30144
      View Details
    • $12 SF/Yr

      Office/Warehouse Sublease Opportunity

      Office/warehouse space available for sublease through April 2027.
      980 Cobb Place Blvd NW, Kennesaw, GA 30144
      View Details

    Property Visit Statistics

    • Visits by month
      4.8k
    • Visitors by month
      2.1k
    • Avg Time on site
      419 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    871 Cobb Pl NW Blvd
    Kennesaw, GA 30144-6806
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    871 Cobb Pl NW Blvd, Kennesaw, GA, 30144
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!