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

    65 Walnut Grove Rd Cartersville, GA 30121

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,500,000

    Former dance studio with high ceilings and ample parking.

    Lot size:
    0.99 Acres

    Property Features for 65 Walnut Grove Rd

    General Information

    Standard status
    Active
    Lot size
    0.99 Acres

    Building Details

    Year built
    2010

    We can help!

    Listing Contact
    Howard Smith
    Source: Exitrealty

    Listing Agency: Professional Realty Group Listing Agent: Howard Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Former Dance Studio For Sale

    The property at 65 Walnut Grove Road in Cartersville is a former dance studio building available for sale. The building features four-sided brick construction, high ceilings, and large rooms. Multiple air conditioning units and zones are present. There are 38 parking spaces available. The property is located on the west side of Cartersville and is close to schools.
    Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cartersville
    County
    Bartow
    State
    Georgia
    Longitude
    -84.828442
    Latitude
    34.145892

    Nearby Similar for Sale

    • $325,000
      1,792 SF

      Cartersville Mixed-Use Commercial Property

      Mixed-use property near downtown Cartersville, ideal for professionals.
      120 Maybelle St, Cartersville, GA 30120
      View Details
    • $575,000
      1,314 SF

      Cartersville Commercial Site For Sale

      Versatile commercial property with office, storage, and shop buildings.
      806 N Tennessee St, Cartersville, GA 30120
      View Details
    • New
      Contact for pricing
      0.62 Acres

      Cartersville Commercial Site with Residence

      High-traffic commercial site with residence and multiple outbuildings.
      806 N Tennessee St, Cartersville, GA 30120
      View Details
    • $400,000
      300 SF

      Cartersville Retail/Service Opportunity on Hwy

      Established shop on Hwy 411, ideal for professional services.
      1429 Highway 411 NE, Cartersville, GA 30121
      View Details
    • $1,500,000
      6,206 SF

      Cartersville Commercial Building For Sale

      Former dance studio with high ceilings and ample parking.
      65 Walnut Grove Rd, Cartersville, GA 30121
      View Details
    • New
      $300,000
      Pending

      Cartersville Historic District Mixed-Use Property

      Renovated bungalow in Cartersville's Historic District, suitable for mixed-use.
      210 Mccanless St, Cartersville, GA 30120
      View Details
    • $1,299,999
      55.31 Acres

      55 Acres Equestrian Opportunity

      55-acre property with barn, stalls, ideal for equestrian use.
      55 E Green Ridge Rd SE, Cartersville, GA 30121
      View Details
    • $350,000
      0.16 Acres

      Updated Duplex in Cartersville, GA

      Updated duplex with committed tenants, convenient location in Cartersville.
      16 Johnson St, Cartersville, GA 30120
      View Details
    • $625,000
      Pending

      Income-Producing Multifamily Investment Opportunity

      Seven rental units on a single tax parcel.
      112 Martin Luther King Jr Dr, Cartersville, GA 30120
      View Details
    • $1,350,000
      Pending

      Cartersville Office Building For Sale

      4,420 SF office building near I-75 in Cartersville, GA.
      1300 E Main St, Cartersville, GA 30121
      View Details
    • Contact for pricing

      Industrial Space Near Interstate 75

      59,192 SF industrial space with dock doors and trailer parking.
      100 Riverpoint Rd, Cartersville, GA 30120
      View Details
    • $1,200,000

      Carterville Warehouse with Outside Storage

      7,500 SF warehouse with dock, drive-in doors, and storage.
      65 Kelli Clark Ct, Cartersville, GA 30121
      View Details

    FAQs

    What type of property is this?
    School - Former dance studio with high ceilings and ample parking.
    Where is this school located?
    The property is located at 65 Walnut Grove Rd Cartersville, GA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - 38 parking spaces available; - Desirable West Side Cartersville location; - 4-sided brick construction
    (770) 318-1018
    Request Owner's contact information
    65 Walnut Grove Rd Cartersville, GA 30121
    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.
    65 Walnut Grove Rd
    Cartersville, GA 30121
    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
    65 Walnut Grove Rd Cartersville, GA 30121
    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
    Howard Smith
    Real Estate License ID: 159144
    (770) 318-1018 (770) 387-1706
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!