Cartersville Office Building
For Sale
$2,400,000
20 Pointe North Dr, Cartersville, GA 30120
11,460 SF office building with 7 units in Cartersville.
Property Size12,000 SF
Price / SF$209.42
Days on Market269
Property Features for 20 Pointe North Dr
General Information
Standard status
Active
Size
12,000 SF
Class
B
Property subtype
Office
Building Details
Building Size
12,000 SF
Year Built
2005
Listing Agency:
(404) 812-4052
Listed By:
Mike Powell
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Aug 10
Last Checked: Aug 16 at 4:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mike Powell
Investment Insights
Based on property information with market context.
This property presents an investment opportunity in the Atlanta area, featuring an 11,460 square foot building with 7 units. Constructed in 2005 and zoned O-C, the property is suited for office or office building investors. The location in Cartersville, Georgia, offers a mix of nature and city life, with proximity to Atlanta and attractions such as the Booth Western Art Museum, the Etowah Indian Mounds, and Red Top Mountain State Park. The area provides a local scene and access to major highways, making it suitable for office or office building investors and tenants.
Key Highlights
- 11,460 SF building with 7 units, providing substantial income‑generating potential.
- Strategic location in the Atlanta area, offering access to a thriving business landscape.
- Zoned O‑C, allowing for versatile office or commercial uses.
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
$153,462
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
6.39%
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%
$3,069,240
$3.1M
Cap Rate 7%
$2,192,314
$2.2M
Cap Rate 9%
$1,705,133
$1.7M
Market Conditions
NOI Build-Up for 11,460 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
$273.6K $23.87/SF
− Vacancy
−$68.9K −$6.02/SF
EGI
$204.6K $17.85/SF
− OpEx
−$51.2K −$4.46/SF
NOI
$153.5K $13.39/SF
Area
Bartow County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
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%
$3,069,240
Cap Rate 7%
$2,192,314
Cap Rate 9%
$1,705,133
Alternative Uses
Best Use
Office B
$2.19M
$1.92M – $2.56M
NOI $153,462 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.22M
$2.82M – $3.75M
NOI $225,258 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,214
Businesses Nearby
Explore this area
Business Placement
Demographics for 30120, GA
42,702
Population
16,778
Households
2.5
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
93.0 sq mi
ZIP Area
459
Density / Sq Mi
$83,892
Median Household Income
$44,948
Median Earnings
$1,205
Median Rent
$276,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - 11,460 SF office building with 7 units in Cartersville.
Where is this office building located?
The property is located at 20 Pointe North Dr Cartersville, GA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 11,460 SF building with 7 units, providing substantial income‑generating potential.; Strategic location in the Atlanta area, offering access to a thriving business landscape.; Zoned O‑C, allowing for versatile office or commercial uses.
