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Property profile & analytics
OFF-MARKET
Estimated value
$32,795,000
Garden apartment buildings
899 Powers Fry SE Rd, Marietta, GA 30067-5727
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1204870
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1981
Total area
200,238 SF
Lot
18.92 ac (824,155 SF)
Zoning code
RM-12
APN
17086700010
UPID
US22-1204870
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
-
RiverStone at Powers Ferry Apartment Complex
-
Velang LLC Big Box & Wholesale Store
-
Eorgs Innofinity (Bike/Boat/Book/etc) Store Corporate Office
-
H J Granite Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$41.39M
Comparable Approach
Comparable
$24.60M
Blend (final)
Blend
$32.80M
Owner & transaction history
Va9 Riverstone LLC · 1 yrs held
Va9 Riverstone LLC
since 2025
Last sale
$32.6M
6 recorded transactions
Zoning & alternative use
RM-12 · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$48.4M
+57.7%
Neighborhood: shopping center
$44.1M
+43.8%
Retail stores
$44.0M
+43.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$44,835,000
6.5%
$41,385,000
7%
$38,430,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$30,665,000
Current use
MEDICAL BUILDING
$48,360,000
Change: +58% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$44,080,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$44,045,000
Change: +44% · Conversion: Difficult
COMMERCIAL (GENERAL)
$39,070,000
Change: +27% · Conversion: Moderate
AUTO REPAIR, GARAGE
$34,785,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$32.80M
Range $29.52M – $36.07M · ±10% · vs last sale $32.60M (Mar 2 2025)
Last sale anchor
$32.60M
Mar 2 2025
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
$164 / 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
$303,407
Tax year 2024
Assessed value
$10,063,240
Assessed 2024
Previous assessed
$10,063,240
+0.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$3,015,348
Assessed improvement
$7,047,892
Land market value
$7,538,370
Improvement market value
$17,619,730
Total market value
$25,158,100
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1981
Heating
NONE
Buildings
7
Units
192
Total area
200,238 SF
Lot
18.92 ac (824,155 SF)
Zoning code
RM-12
APN
17086700010
UPID
US22-1204870
Jurisdiction
COBB
Zoning & alternative use
RM-12 · Marietta, GA
Zoning RM-12 · permitted uses
RM-12 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$30.7M
MEDICAL BUILDING
Est. value
$48.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$44.1M
RETAIL STORES
Est. value
$44.0M
COMMERCIAL (GENERAL)
Est. value
$39.1M
AUTO REPAIR, GARAGE
Est. value
$34.8M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
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
1981
Heating
NONE
Buildings
7
Units
192
Lot
18.92 ac
Current owner
From public records · entity-resolved
Va9 Riverstone LLC
Entity
Mailing address
6191 N STATE HWY 161ST BLVD E STE #100, IRVING, TX 75038-2290
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2025
$32,600,000
Va9 Riverstone LLC
Dr Sanctuary LLC
Deed
$25,000 · Berkadia Commercial Mortgage LLC
Nov 16, 2016
—
Dr Sanctuary LLC
—
Deed
related
$15,187,800 · Berkadia Com'l Mtg
Jun 28, 2007
—
D R Sanctuary LLC
Powers Ferry Plantation Assoc
Quit Claim Deed
related
$15,200,000 · Wells Fargo Bank
Jun 27, 2007
$13,600,000
Dr Sanctuary LLC
Powers,ferry Plantation As
Grant Deed
—
Jun 27, 2007
—
Dr Sanctuary LLC
Powers,ferry Plantation As
Grant Deed
related
—
—
—
Dr Sanctuary LLC
—
Loan Modification
related
$15,187,800 · Berkadia Com'l Mtg
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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