Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    975 Cobb Pl Blvd Nw Ste, Unit 311 Kennesaw, GA 30144-4817

    • Office Properties & Spaces
    • 4,019 SF
    • 0.09 lot acres
    OFF-MARKET
    Last Sale
    Mar 10, 2021
    $405,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1670302
    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.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 975 Cobb Pl Blvd Nw Ste

    Year built
    2000
    Lot size
    0.09 lot acres
    Property size
    4,019 SF
    Zone code
    LI
    Property type
    Office Properties & Spaces
    APN
    20017200400
    APU
    20017200400

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Kennesaw
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5813
    Latitude
    34.0083
    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
    $6,918
    $61,820
    $135,000
    $196,820
    -
    $154,550
    $337,500
    $492,050

    Comparable in this City

    • Value Estimation by Request
      947 SF

      3105 Creekside Vlg Dr Nw Ste, Unit 604

      CONDOMINIUM OFFICES • 947 SF
      3105 Creekside Vlg Dr Nw Ste, Kennesaw, GA 30144-4218
      View Details
    • Value Estimation by Request
      1,134 SF

      1301 Shiloh Rd Nw Ste, Unit 610

      CONDOMINIUM OFFICES • 1,134 SF
      1301 Shiloh Rd Nw Ste, Kennesaw, GA 30144-7154
      View Details
    • Value Estimation by Request
      900 SF

      1350 Wooten Lk NW Rd, Unit 100102

      CONDOMINIUM OFFICES • 900 SF
      1350 Wooten Lk NW Rd, Kennesaw, GA 30144-1344
      View Details
    • Value Estimation by Request
      1,760 SF

      3268 Cherokee St

      Restaurants • 1,760 SF
      3268 Cherokee St, Kennesaw, GA 30144
      View Details
    • Value Estimation by Request
      0.62 Acres

      2921 Moon Station Rd

      Office Properties & Spaces • 0.62 Acres
      2921 Moon Station Rd, Kennesaw, GA 30144
      View Details
    • Value Estimation by Request
      1,107 SF

      3370 Chastain Gdns Dr Nw Ste, Unit 230

      CONDOMINIUM OFFICES • 1,107 SF
      3370 Chastain Gdns Dr Nw Ste, Kennesaw, GA 30144-3747
      View Details

    Similar Nearby for Sale

    • $750,000
      5,184 SF

      Kennesaw Office Condo Portfolio

      Four office condos, prime location.
      3440 Blue Springs Rd, Kennesaw, GA 30144
      View Details
    • $1,890,000
      14,528 SF

      Kennesaw Office Warehouse Condo

      Office warehouse condo in Kennesaw's Barrett Park area.
      1690 113, Kennesaw, GA 30144
      View Details
    • $1,600,000
      3.30 Acres

      Acworth, GA Commercial Land

      3.3-acre RSL zoned land, high visibility
      1550 Hickory Grove Rd, Acworth, GA 30144
      View Details
    • Contact for pricing

      Retail Endcap on Ernest Barrett

      High-visibility retail endcap with pylon signage and signalized access.
      835 Ernest Barrett Pkwy, Kennesaw, GA 30144
      View Details
    • Contact for pricing
      100,266 SF

      Air Conditioned Warehouse For Sale

      4,000 SF available, including 2,000 SF of office space.
      1960 Roberts Blvd, 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

    Similar Nearby for Lease

    • $15 SF/Yr
      7,200 SF

      Cherokee Street Executive Offices

      Kennesaw, GA Office Suites Available
      3185 Cherokee St, Kennesaw, GA 30144
      View Details
    • $16 SF/Yr
      5,184 SF

      Kennesaw Office Suites Available

      Prime location, 2 suites, 1296 sq ft each
      3440 Blue Springs Rd, Kennesaw, GA 30144
      View Details
    • $12 SF/Yr
      143,731 SF

      Office/Warehouse Sublease Opportunity

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

      Kennesaw Office Building Near I-75

      Office suites available for lease near major highways and KSU.
      1925 Vaughn Rd, Kennesaw, GA 30144
      View Details
    • Contact for pricing
      8,265 SF

      Kennesaw Office Space For Rent

      Office space in a suburban setting with retail and dining.
      1990 Vaughn Rd NW, Kennesaw, GA 30144
      View Details
    • New
      $1,167 /Mo

      Kennesaw Office Space For Rent

      Spacious office with ample daylight in a high-traffic area.
      3105 Creekside Village Dr, Kennesaw, GA 30144
      View Details
    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.
    975 Cobb Pl Blvd Nw Ste, Unit 311
    Kennesaw, GA 30144-4817
    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

    Google sign-in failed. Please try again or use another login method.