Mixed-Use Property For
2124 Hamilton Street Dalton, GA 30721
For Sale
$737,900
Investment property with offices, warehouse, and long-term tenant.
Property Size10,000 SF
Price / SF$73.79
Days on Market112
Property Features for 2124 Hamilton Street
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1998
Listing Agency:
Coldwell Banker Kinard Realty - Dalton
(706) 463-8300
Listed By:
Bradley Nelson · License #160648
(706) 463-8300
Source:
Cbcworldwide
Added: Apr 4
Changed: Jul 10
Last Checked: Apr 4 at 8:10PM
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 Coldwell Banker Kinard Realty - Dalton
Investment Insights
Based on property information with market context.
This property is offered as a cash-flowing investment. The property features 6 to 7 offices, a conference room, a kitchenette, 3 lab or training rooms, 3 restrooms, and approximately 10,000 square feet of warehouse space. The warehouse includes 1 drive-in door and 1 dock door. The current tenant has occupied the building since December 1, 2012, and has over 2.5 years remaining on the current lease. The tenant has expressed an intention to renew upon the current lease's expiration.
Key Highlights
- Cash flowing investment property with existing tenant
- Tenant in place since 2012 with over 2.5 years remaining on the current lease
- Tenant has expressed intent to renew the lease
Financial Insights For Mixed Use
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 | $120.0k | $12.00 |
| − Vacancy | −$12.0k | −$1.20 |
| EGI | $108.0k | $10.80 |
| − OpEx | −$40.5k | −$4.05 |
| NOI | $67.5k | $6.75 |
10,000 SF · lease $12.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$1.17M
$1.03M – $1.37M
NOI $82,134 @ 7.0% cap · market cap 11.13%
Second Best
Mixed Use
$964.3K
$843.8K – $1.13M
NOI $67,500 @ 7.0% cap · market cap 9.15%
Theoretical Best
Office A
$1.60M
$1.40M – $1.86M
NOI $111,782 @ 7.0% cap · market cap 15.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Mixed-use property - Investment property with offices, warehouse, and long-term tenant.
Where is this mixed-use property located?
The property is located at 2124 Hamilton Street Dalton, GA.
What is the asking price?
The asking price for this property is $737,900.
What are key features of this property?
This property features: Cash flowing investment property with existing tenant; Tenant in place since 2012 with over 2.5 years remaining on the current lease; Tenant has expressed intent to renew the lease
