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Property profile & analytics
OFF-MARKET
Estimated value
$9,010,000
Commercial land
Big Shanty Rd Kennesaw, GA 30144
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0311893
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
27.25 ac (1,187,010 SF)
Zoning code
OS
APN
16043700040
UPID
US22-0311893
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
-
Busbee Pkwy at Big Shanty Rd Bus Stop
-
Children's Healthcare of Atlanta Radiology - Town Center Physician Medical Clinic
-
Wood Environmental Consultant Engineering Consultant
-
Krishna Eechampati MD Pediatrician Medical Clinic
-
Children's Healthcare of Atlanta Sleep - Town Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.01M
Owner & transaction history
Riverbend Kennesawi LLC · 2 yrs held
Riverbend Kennesawi LLC
since 2023
Last sale
$10.8M
2 recorded transactions
Zoning & alternative use
OS · Kennesaw, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Kennesaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennesaw 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
$7,025,000
ML approach
$7,345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.01M
Range $8.11M – $9.91M · ±10% · vs last sale $10.84M (Dec 13 2023)
Last sale anchor
$10.84M
Dec 13 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
—
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
$109,476
Tax year 2024
Assessed value
$3,114,540
Assessed 2024
Previous assessed
$1,505,432
+106.9% YoY
Effective rate
3.51%
On assessed value
Assessed land
$3,114,540
Land market value
$7,786,350
Total market value
$7,786,350
Applied tax rate
8.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
27.25 ac (1,187,010 SF)
Zoning code
OS
APN
16043700040
UPID
US22-0311893
Jurisdiction
COBB
Zoning & alternative use
OS · Kennesaw, GA
Zoning OS · permitted uses
OS · Kennesaw, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kennesaw. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
27.25 ac
Current owner
From public records · entity-resolved
Riverbend Kennesawi LLC
Entity
Mailing address
8801 RIV XING BLVD STE #300, INDIANAPOLIS, IN 46240-2394
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2023
$10,838,800
Riverbend Kennesawi LLC
Sp Atlanta Development LLC
Limited Warranty Deed
$33,388,671 · First Internet Bank Of Indiana
Dec 28, 2021
$9,578,800
Sp Atlanta Development LLC
Vkep B LLC
Limited Warranty Deed
$6,700,000 · Tig Romspen Us Master Mortgage LP
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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