MARIETTA, GA 30060

MARIETTA / NEAR MARIETTA SQUARE | 2BD / 1BA RANCH | CRC COMMERCIAL ZONING | RESIDENTIAL + OFFICE / RETAIL POTENTIAL (NOT IN MLS)

REMINDER!!! PLEASE SIGN UP for Walk Through Access Monday, November 02, 2026 at 04:00PM - 05:00PM. You will need to be registered in order to attend the walk-through. The RSVP button is to the right of the blue banner at the top of the screen of our website

PROPERTY OVERVIEW

• Location: Marietta, Georgia, near historic Marietta Square
• Property Type: One level ranch home
• Bedrooms and Bathrooms: 2 bedrooms and 1 full bathroom
• Living Area: Approximately 994 square feet
• Parking: Private driveway and parking pad
• Zoning: Reported CRC Community Retail Commercial zoning
• Purchase Price: 199,000
• Estimated Renovation: 70,000
• Estimated ARV: 350,000
• Closing Date: December 30, 2026

MAIN LEVEL LAYOUT

• Large living room, separate dining area and kitchen with rear walkout to deck
• Two bedrooms and one full hall bathroom
• Compact existing floor plan suitable for a straightforward residential renovation

RENOVATION AND CONDITION

• Major Systems: Budget for HVAC replacement, roof replacement and window replacement
• Interior Renovation: Allow for kitchen and bathroom updates, flooring, interior paint and general cosmetic improvements as needed
• Estimated Renovation Budget: 70,000

COMPARABLE SALES AND ARV SUPPORT

• Strong Renovated Comparable: 317 Phillips Dr SE sold for 352,500 in September 2026. The property featured 2 bedrooms, 1 bathroom and approximately 1,056 square feet. Its similar layout and modestly larger size provide strong support for the subject's 350,000 renovated retail target.
• Lower End Value Add Comparable: 436 Tibbitts St SE sold for 282,000 in July 2026. The property featured 2 bedrooms, 1 bathroom and approximately 864 square feet and was marketed as needing updates.
• Value Position: The subject's 199,000 purchase price offers a significant discount to the recent 282,000 sale of a smaller property needing updates, with potential upside through renovation.

ZONING AND ALTERNATIVE USE POTENTIAL

• The property is reported to have CRC Community Retail Commercial zoning, which may allow various professional office, retail and service uses.
• Potential exists to explore professional, commercial or mixed use opportunities beyond a traditional residential renovation.
• Buyers must independently verify current zoning, permitted uses, existing residential use and any proposed commercial or mixed use plans with the City of Marietta.

LOCATION HIGHLIGHTS

• Convenient proximity to historic Marietta Square, restaurants, shopping and local businesses
• Easy access to Cobb Parkway, Interstate 75, Lockheed Martin and major employment corridors
• Combination of private parking, a manageable residential footprint and reported commercial zoning may appeal to residential buyers and investors exploring alternative uses.

INVESTMENT STRATEGY

• Primary Strategy: Renovate and resell with an estimated ARV of 350,000.
• Alternative Strategy: Investigate the feasibility of professional office, retail or other permitted commercial uses, subject to independent zoning and use verification.
• Estimated Purchase Price: 199,000
• Estimated Renovation Budget: 70,000
• Total Purchase and Renovation Basis: 269,000 before closing costs, holding costs, financing, resale expenses and other project costs
• Estimated Gross Spread: 81,000 before all additional costs and selling expenses

SHOWING AND OFFER REQUIREMENTS

• Property access is limited to the scheduled walkthrough before contracts are accepted.
• Buyers must sign up in advance and be on the showing list to attend.
• Final and Best Offer Deadline: Thursday, November 5, 2026, at 9:00 AM
• Closing Date: December 30, 2026
• Proof of Funds and LLC documentation must be uploaded for an offer to be considered.
• Contact: Nikki Cornblatt at 484-310-8993 by call or text.

TRANSACTION TERMS AND DISCLAIMERS

• Seller of equitable interest only. The property is not owned by the assignor. Transaction is for the assignment of an equitable interest under contract.
• Buyers must conduct their own due diligence. Repair costs and property values are estimates only.
• Buyers are responsible for property cleanout and all closing costs.
• Buyers are strictly prohibited from contacting the seller directly without express written consent from MPH. Unauthorized contact may be considered interference with a contract and may result in legal action.
• Property information is proprietary to MarketPro South, Inc. and its affiliates. The property is currently under contract, and any transaction will be completed through an assignment of the existing contract.
• MarketPro does not collaborate with other wholesalers.

DEAL TEXT ALERTS

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