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Property profile & analytics
OFF-MARKET
Estimated value
$1,760,000
Retail space
985 Cobb S Pkwy, Marietta, GA 30060-9229
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1781006
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1993
Total area
6,022 SF
Lot
1.44 ac (62,726 SF)
Zoning code
CRC
APN
17058100140
UPID
US22-1781006
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
-
Sports & Imports Auto Sales Car Dealership
-
idrive Atlanta Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.78M
CAP Approach
CAP
$1.31M
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.76M
Owner & transaction history
Syros Viii Delaware LLC · 3 yrs held
Syros Viii Delaware LLC
since 2023
Last sale
$2.3M
6 recorded transactions
Zoning & alternative use
CRC · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.3M
+157.2%
Medical building
$1.5M
+65.6%
Neighborhood: shopping center
$1.3M
+50.9%
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
$1,630,000
ML approach
$1,775,000
CAP Approach
CAP Return
Estimation
6%
$1,410,000
6.5%
$1,305,000
7%
$1,210,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,260,000
Change: +157% · Conversion: Difficult
MEDICAL BUILDING
$1,455,000
Change: +66% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,325,000
Change: +51% · Conversion: Moderate
Blend value · Realmo final
$1.76M
Range $1.58M – $1.94M · ±10% · vs last sale $2.26M (Jul 3 2023)
Last sale anchor
$2.26M
Jul 3 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
$292 / 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
$4,489
Tax year 2024
Assessed value
$530,560
Assessed 2024
Previous assessed
$530,240
+0.1% YoY
Effective rate
0.85%
On assessed value
Assessed land
$404,324
Assessed improvement
$126,236
Land market value
$1,010,810
Improvement market value
$315,590
Total market value
$1,326,400
Applied tax rate
4.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1993
Heating
NONE
Total area
6,022 SF
Lot
1.44 ac (62,726 SF)
Zoning code
CRC
APN
17058100140
UPID
US22-1781006
Jurisdiction
COBB
Zoning & alternative use
CRC · Marietta, GA
Zoning CRC · permitted uses
CRC · 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
WAREHOUSE, STORAGE
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1993
Heating
NONE
Lot
1.44 ac
Current owner
From public records · entity-resolved
Syros Viii Delaware LLC
Entity
Free & Clear · 3 yrs held
Mailing address
63 HONOUR AVE NW, ATLANTA, GA 30305-1119
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2023
$2,260,000
Syros Viii Delaware LLC
Compass Point Designs
Limited Warranty Deed
—
Aug 29, 2019
—
Compass Point Designs LLC
—
Deed
related
$1,212,107 · Iberiabank
Jan 23, 2017
$1,600,000
Compass Point Designs LLC
Ashcar Commercial LLC
Grant Deed
$1,280,000 · Iberiabank
Sep 8, 2016
—
Ashcar Commercial LLC
—
Deed
related
$700,000 · Bank Of America NA
May 12, 2016
$1,200,000
Ashcar Commercial LLC
Hubert Properties Lllp
Grant Deed
—
—
—
Compass Point Designs LLC
—
Loan Modification
related
$1,212,107 · Iberiabank
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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