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Property profile & analytics
OFF-MARKET
Investment properties

99 Merritt SE St Marietta, GA 30060-2317

2,008 SF 0.26 ac lot Built 1938
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US22-4084774
Property summary
AI-generated overview

This exceptional Marietta property offers a rare blend of office and warehouse space, perfectly situated near Downtown Marietta Square and I-75. The 0.16-acre lot encompasses three buildings: a charming 1,028 square foot office building, a 1,000 square foot climate-controlled warehouse, and a small storage shed. Built in 1946 and renovated in 2020, the property boasts a unique combination of historical charm and modern functionality. The office building features polished hardwood floors, a welcoming reception area with a brick fireplace, two private offices, a break room/kitchen, an IT closet, and a restroom. The warehouse, with its new roof and LED lighting, offers a shop office, restroom, and two large roll-up doors. The property provides nine parking spaces and benefits from O/I zoning with an outside storage permit—a highly desirable feature. With a total of 2,078 square feet of net rentable space and a 16-foot ceiling height in the warehouse, this property is ideal for a business requiring office, showroom, and warehouse space, or a small studio or distribution facility. The lease expires January 31, 2025. The asking price is $475,000. The property is classified as Class B and is zoned for Office/Institutional use.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1938
Total area 2,008 SF
Lot 0.26 ac (11,252 SF)
Zoning code OI
APN 16123500570
UPID US22-4084774
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Signature Bank Of Georgia · 1 yrs held
Signature Bank Of Georgia
since 2025
Last sale
$400,000
6 recorded transactions
2025
$400,000
2025
$455,000
2020
$300,000
2018
$192,500
2004
$195,000
1969
Price N/A
Zoning & alternative use
OI · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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