New search
Property profile & analytics
OFF-MARKET
Commercial land
Ellison Lks Dr, Kennesaw, GA 30152
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1988569
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
2.37 ac (103,324 SF)
Zoning code
PVC
APN
20017500170
UPID
US22-1988569
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
Cornerstone Bank · 4 yrs held
Cornerstone Bank
since 2021
7 recorded transactions
Zoning & alternative use
PVC · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$2,203
Tax year 2024
Assessed value
$73,056
Assessed 2024
Previous assessed
$125,008
-41.6% YoY
Effective rate
3.02%
On assessed value
Assessed land
$73,056
Land market value
$182,640
Total market value
$182,640
Applied tax rate
3.0000
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
2.37 ac (103,324 SF)
Zoning code
PVC
APN
20017500170
UPID
US22-1988569
Jurisdiction
COBB
Zoning & alternative use
PVC · Kennesaw, GA
Zoning PVC · permitted uses
PVC · 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
2.37 ac
Current owner
From public records · entity-resolved
Cornerstone Bank
Entity
Free & Clear · 4 yrs held
Mailing address
2060 MT PARAN RD NW STE #100, ATLANTA, GA 30327-2935
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2021
$460,000
Cornerstone Bank
Federspiel Development LLC
Foreclosure
related
—
Jul 5, 2016
—
Cf & G Ents INC
Federspirl Dev LLC
Quit Claim Deed
—
Dec 9, 2014
$139,700
Federspiel Dev LLC
Community Sthrn Bk
Quit Claim Deed
related
$125,000 · Helen Stewart
Dec 9, 2014
—
Community Sthrn Bk
Georgia Trust Bk
Grant Deed
related
—
Sep 23, 2011
$569,944
Georgia Trust Bk
Ellison Park LLC
Trustees Deed
related
—
Dec 8, 2008
—
Wmp Car Wash Holdings LLC
Wade Exchange Properties L
Grant Deed
related
—
Dec 6, 2007
$593,100
Ellison Park LLC
Ellison Lake Partners LLC
Warranty Deed
related
$547,900 · Georgia Trust Bank
Nov 30, 2007
$593,000
Ellison Park LLC
Ellison Lake Partners LLC
Grant Deed
related
$547,900 · Georgia Trust Bank
—
—
Ellison Park LLC
—
Loan Modification
related
$547,900 · Georgia Trust Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Ellison Lks Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
