Canton, GA Commercial
2939 Hickory Flat Highway Canton, GA 30115
For Sale
Under Contract
$350,000
COMMERCIAL - Canton, GA
Property Size924 SF
Lot Size1.00 Acre
Price / SF$378.79
Days on Market749
Property Features for 2939 Hickory Flat Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
2
Parking features
Parking Lot
Standard status
Active Under Contract
APN
14N24 134 & 14N24 134A
Size
924 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
344
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1988
Flooring type
Vinyl
Building materials
Aluminum Siding
Roof type
Metal
Listing Agency:
Northgate Realty Brokers, LLC
(770) 560-9049
Listed By:
Joe A Porter · License #274970
(770) 560-9049
Added: Jul 10, 2024
Changed: Apr 15
Last Checked: Jul 28 at 6:06AM
MLS# 10336500
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property presents an investment opportunity with over 1 acre of land situated at the corner of Hickory Flat Highway and Scott Road, benefiting from a traffic light. The current Cherokee County zoning is R-40. The Cherokee County Future Land Use matrix indicates a primary use of (OI) or (NC). The property features 376 feet of road frontage. An income-producing single-wide mobile home with 2 bedrooms and 2 bathrooms is located on the premises, along with an outbuilding. The current month-to-month tenant provides an income of $1,000 per month. The property comprises two parcels (14N24 134 & 14N24 134A), each with a separate driveway, one on Scott Road and one on Highway 140. The property size is 924 square feet.
Key Highlights
- 1+ Acre Corner Lot with Traffic Light Access
- High Traffic Location with 376' Road Frontage
- Zoned R‑40 with future land use potential for (OI) or (NC)
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.1k | $26.04 |
| − Vacancy | −$1.5k | −$1.61 |
| EGI | $22.6k | $24.43 |
| − OpEx | −$10.2k | −$10.99 |
| NOI | $12.4k | $13.43 |
924 SF · lease $26.04/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$177.3K
$155.2K – $206.9K
NOI $12,413 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$259.5K
$227.0K – $302.7K
NOI $18,162 @ 7.0% cap · market cap 5.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - 1+ acre commercial land with income-producing mobile home.
Where is this commercial land located?
The property is located at 2939 Hickory Flat Highway Canton, GA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1+ Acre Corner Lot with Traffic Light Access; High Traffic Location with 376' Road Frontage; Zoned R‑40 with future land use potential for (OI) or (NC)
