Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    365 Russell King Ln Canton, GA 30115

    Sponsored
    For Sale
    $375,000

    LAND - Canton, GA

    Lot size:
    1.57 Acres
    Days on Market:
    82
    Last Refresh:
    Feb 3 at 3:06 pm

    Property Features for 365 Russell King Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Cleared
    APN
    14N24 061
    Lot size
    1.57 Acres

    Utilities

    Utilities
    Water Available
    Water source
    Public
    Water front features
    Creek
    Water front
    1

    We can help!

    Listing Contact
    Nic Goodwin

    Atlanta Communities Real Estate Brokerage, LLC (770) 240-2000

    Listing agent Nic Goodwin (770) 240-2005

    Listing date Nov 14, 2025

    MLS# 10593416

    Copyright © 2025 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.

    Learn more

    Property Insight Report

    Overview

    Canton Warehouse with Exterior Storage

    This property features a 3,000 sq ft warehouse currently operating as a fully functional cabinet shop. Situated on approximately 1.57 acres in Canton, GA, the property includes an additional 1,000 sq ft of covered exterior storage. The warehouse has high ceilings and ample lot space for parking, deliveries, or expansion. Power is connected, and county water is available at the road. The property is located just 1.1 miles from I-575 and 4,000 ft from Northside Cherokee Hospital. This location offers convenience and utility for an established tradesperson looking to expand or an investor seeking industrial property in a rapidly growing corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Pharmacy Department Store Kitchen & Bath Showroom Skin Care Clinic Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Cherokee
    State
    Georgia
    Longitude
    -84.463443
    Latitude
    34.217384

    Nearby Similar for Sale

    • New
      $950,000
      3.50 Acres

      Canton Commercial Property on 3.5 Acres

      Unique property with multiple buildings, ideal for nonprofit or retreat.
      8024 E Cherokee Dr, Canton, GA 30115
      View Details
    • $589,900

      Canton Multifamily Townhome Opportunity

      Two townhomes available in Canton, GA.
      137 Cypress Ct, Canton, GA 30115
      View Details
    • New
      $1,695,000
      5,392 SF

      Luxury Home in Owens Mill

      Spacious 5BR/6BA home with pool and outdoor kitchen.
      110 Owens Ml Pl, Canton, GA 30115
      View Details
    • New
      $850,000
      0.59 Acres

      Canton Triplex Investment Opportunity

      Fully leased triplex near downtown Canton with long-term tenants.
      284 Shoal Creek Rd, Canton, GA 30114
      View Details
    • New
      $850,000
      0.59 Acres

      Canton Triplex Investment Opportunity

      Fully leased triplex near downtown Canton with long-term tenants.
      284 Shoal Creek Rd, Canton, GA 30114
      View Details
    • $514,800

      Canton, GA Townhomes Available

      Two townhomes for sale in Canton, Georgia.
      134 Cypress Ct, Canton, GA 30115
      View Details
    • New
      $350,000
      0.13 Acres

      Commercial Property in Canton, Georgia

      Commercial property for sale in Canton, Georgia, Cherokee County.
      520 Waleska Road/Reinhardt College Pkwy, Canton, GA 30114
      View Details
    • $6,269,000
      49.34 Acres

      Canton GA Ranch Land

      49-acre property with lake frontage and multiple residences.
      1075 Johnson Brady Rd, Canton, GA 30115
      View Details
    • $514,800

      Canton GA Townhomes Investment Opportunity

      Two townhomes in Canton, GA, available for purchase.
      134 Cypress Ct, Canton, GA 30115
      View Details
    • $925,000
      4,000 SF

      Established Auto Repair Business Opportunity

      Well-established auto service shop in Canton, GA since 1987.
      997 Reinhardt College Pkwy, Canton, GA 30114
      View Details
    • New
      $3,500,000
      6,500 SF

      New Farmhouse Estate on Acreage

      Luxury estate with pool on 3.3 acres in Canton.
      1350 A J Land Rd, Canton, GA 30115
      View Details
    • $375,000
      3,000 SF

      Versatile Warehouse Near I-575

      3,000 sq ft warehouse on 1.57 acres in Canton, GA.
      365 Russell King Ln, Canton, GA 30115
      View Details

    FAQs

    What type of property is this?
    Warehouse - Versatile warehouse with covered storage near I-575.
    Where is this warehouse located?
    The property is located at 365 Russell King Ln Canton, GA.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Prime location near I-575 (1.1 miles) and Northside Cherokee Hospital (4,000 ft) offering excellent accessibility.; - **3,000 sq ft warehouse with high ceilings** suitable for various industrial or commercial uses.; - **Large 1.57-acre lot** with ample space for parking, deliveries, and future expansion.
    (770) 570-6705
    Request Owner's contact information
    365 Russell King Ln Canton, GA 30115
    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.
    365 Russell King Ln
    Canton, GA 30115
    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
    365 Russell King Ln Canton, GA 30115
    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

    We can help!
    Listing Contact
    Nic Goodwin
    Real Estate License ID: 396023
    (770) 570-6705
    Learn more
    Google sign-in failed. Please try again or use another login method.