Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    119 Eagle Lane Adairsville, GA 30103

    View on Map
    Claim this Listing
    Pending
    $1,675,000

    COMMERCIAL - Adairsville, GA

    Property size:
    12,550 SF
    Lot size:
    1.42 Acres
    Added:
    Jan 27, 2026
    Days on Market:
    91
    Last Refresh:
    Apr 28 at 3:06 pm

    Property Features for 119 Eagle Lane

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    I
    Parking
    20
    Parking features
    Parking Lot
    Interior features
    High Ceilings 10 or Greater
    Fencing
    Chain Link
    Standard status
    Pending
    APN
    A002 0009 022
    Size
    12,550 SF
    Lot size
    1.42 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5307

    Utilities

    Utilities
    Cable Available
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1991
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Aluminum Siding
    Roof type
    Metal

    We can help!

    Listing Contact
    HOWARD SMITH

    Listing agent HOWARD SMITH License #159144

    Listing office Professional Realty Group 25 Stonewall Street, Cartersville, GA

    Listing date Jan 27, 2026

    MLS# 7709993

    Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Adairsville Industrial Building For Sale

    This industrial building for sale is located in Adairsville, Georgia. The property includes approximately 12,550 square feet of space on a 1.42-acre fenced lot, plus around 1,000 square feet of covered outside storage. The building is divided into two sections, each measuring 6,250 square feet. Section A features a 1,250-square-foot, two-story office area. Both sections offer both dock-high and drive-in access. The property is currently fully leased with short-term lease expirations approaching. There is room for a 7,000-square-foot expansion. Its location is one block from Highway 140, two blocks from US 41, and 1.2 miles from Exit 306 on I-75. The property is zoned I. It is suitable for an owner-occupant or for leasing half of the building while occupying the other half.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sixes Custom Auto ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Adairsville
    County
    Bartow
    State
    Georgia
    Longitude
    -84.927441
    Latitude
    34.375714

    Nearby Similar for Sale

    • $390,000
      2,300 SF

      Renovated Multi-Use Home on Large Lot

      Newly renovated 5-bedroom home with income potential on 1.89-acre lot.
      832 NW Snow Springs Road, Adairsville, GA 30103
      View Details
    • $1,600,000

      Scenic Pastureland with Rolling Views

      75+/- acres of pastureland ideal for various uses.
      2113 Union Grove Church Road SE, Adairsville, GA 30103
      View Details
    • $599,900
      4,416 SF

      Highway Frontage Warehouse with Office

      Warehouse with office space on corner lot with highway frontage.
      4785 Joe Frank Harris NW Parkway, Adairsville, GA 30103
      View Details
    • $5,041,000
      3,292 SF

      New NNN Lease Property

      New construction NNN lease near major employers and transportation.
      18 Commerce Pkwy, Adairsville, GA 30103
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial building in Adairsville, GA, ideal for owner occupant.
    Where is this industrial property located?
    The property is located at 119 Eagle Lane Adairsville, GA.
    What is the asking price?
    The asking price for this property is $1,675,000.
    What are key features of this property?
    This property features: Excellent location: close to Hwy 140, US 41, and I‑75 (Exit 306).; Income potential: currently fully leased with short‑term lease expirations.; Room for a 7,000 SF expansion, allowing for future growth.
    (770) 387-1706
    We can help!
    Listing Contact
    HOWARD SMITH
    Real Estate License ID: 159144
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!