Commercial Land with Road
For Sale
$360,000
8515 Dallas Acworth Highway, Dallas, GA 30132
Commercial Sale, Dallas, GA
Property Size1,344 SF
Lot Size1.45 Acres
Price / SF$267.86
Days on Market49
Property Features for 8515 Dallas Acworth Highway
General Information
Property type
Land
Property subtype
Other
Zoning
R3
Parking
6
Fencing
Chain Link
Lot features
Irregular Lot, Level
Directions
GPS friendly
Standard status
Active
APN
009282
Size
1,344 SF
Lot size
1.45 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
177
Utilities
Utilities
Cable Available
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Building Details
Year built
1973
Floors in Building
1
Flooring type
Vinyl, Carpet
Building materials
Wood Siding
Roof type
Tile
Additional Structures
Outbuilding
Listing Agency:
Atlanta Communities Real Estate Brokerage
(770) 240-2007
Listed By:
Necie Tant · License #402509
(770) 240-2001
Added: Jul 10
Changed: Aug 19
Last Checked: Aug 27 at 4:06PM
MLS# 7802877
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.
Investment Insights
Based on property information with market context.
This 1.45-acre commercial land property is zoned R3 and includes an existing manufactured home with a garage apartment. The current configuration provides an on-site residence component while the underlying land offers space for future development planning.
Located at 8515 Dallas Acworth Highway in Dallas, GA, the site is described as being just a few lots from a busy commercial corridor, near the intersection of Highways 92 and 381 at Cedarcrest Rd. Public remarks also note approximately 260 feet of road frontage and over 15,000 vehicles passing daily, supporting strong day-to-day visibility and convenient access.
With a sizable frontage and an existing structure on the property, this parcel may appeal to buyers looking for both an immediate-use setup and development flexibility within the R3 zoning designation.
Located at 8515 Dallas Acworth Highway in Dallas, GA, the site is described as being just a few lots from a busy commercial corridor, near the intersection of Highways 92 and 381 at Cedarcrest Rd. Public remarks also note approximately 260 feet of road frontage and over 15,000 vehicles passing daily, supporting strong day-to-day visibility and convenient access.
With a sizable frontage and an existing structure on the property, this parcel may appeal to buyers looking for both an immediate-use setup and development flexibility within the R3 zoning designation.
Key Highlights
- 1.45‑acre property with approximately 260 ft of road frontage at the intersection of Highways 92 and 381 (Cedarcrest Rd).
- Located 6 lots from a busy commercial corridor in Paulding County with more than 15,000 vehicles passing daily.
- Manufactured home plus garage apartment on site, offering income potential as a rent and hold setup.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,055
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$361,100
$361.1K
Cap Rate 7%
$257,929
$257.9K
Cap Rate 9%
$200,611
$200.6K
Market Conditions
NOI Build-Up for 1,344 SF
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.
Gross rent
$35.0K $26.04/SF
− Vacancy
−$2.2K −$1.61/SF
EGI
$32.8K $24.43/SF
− OpEx
−$14.8K −$10.99/SF
NOI
$18.1K $13.43/SF
Area
Paulding County, GA
Vacancy
6.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$361,100
Cap Rate 7%
$257,929
Cap Rate 9%
$200,611
Alternative Uses
Best Use
Apartment 5plus
$257.9K
$225.7K – $300.9K
NOI $18,055 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$377.4K
$330.2K – $440.3K
NOI $26,418 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
15,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
Explore this area
Business Placement
Demographics for 30132, GA
46,580
Population
18,016
Households
2.6
Avg Household Size
35
Median Age
28%
College-Educated
93%
High-School Grad
102.4 sq mi
ZIP Area
455
Density / Sq Mi
$102,800
Median Household Income
$48,262
Median Earnings
$1,514
Median Rent
$332,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - 1.45-acre commercial-zoned site with approximately 260 feet of road frontage and an existing manufactured home with garage apartment.
Where is this commercial land located?
The property is located at 8515 Dallas Acworth Highway Dallas, GA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 1.45‑acre property with approximately 260 ft of road frontage at the intersection of Highways 92 and 381 (Cedarcrest Rd).; Located 6 lots from a busy commercial corridor in Paulding County with more than 15,000 vehicles passing daily.; Manufactured home plus garage apartment on site, offering income potential as a rent and hold setup.
