Industrial Warehouse on
New
For Sale
Contact for pricing
20 McAdams Drive, Tallapoosa, GA 30176
Steel-framed construction, paved access, a level site, and connections to public water and sewer support the property’s industrial configuration.
Property Size5,200 SF
Lot Size1.91 Acres
Price / SF$149.04
Days on Market5
Property Features for 20 McAdams Drive
General Information
Standard status
Active
Size
5,200 SF
Lot size
1.91 Acres
Property subtype
Retail, Industrial, Special Purpose
Site & Location
Road Access
Yes
Utilities to Site
Yes
Building Details
Year Built
2003
Buildings
1
Building Size
5,200 SF
Construction
Steel-Frame
Listing Agency:
Metro West Real Estate Group LLC
Listed By:
Joel Morris · License #GA 292526
(770) 815-4088
Source:
Crexi
Added: Sep 23
Changed: Sep 26
Last Checked: Sep 26 at 3:04PM
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 Metro West Real Estate Group LLC
Investment Insights
Based on property information with market context.
The industrial property includes a 5,200± SF warehouse on 1.91± acres. Its steel structural frame, concrete slab floor, and 16’ wall height define the building, which dates to 2003. The site is level and served by public water and sewer.
Located at 20 McAdams Drive in Tallapoosa, Haralson County, Georgia, the property has paved access.
Located at 20 McAdams Drive in Tallapoosa, Haralson County, Georgia, the property has paved access.
Key Highlights
- 5,200± SF industrial warehouse building
- 1.91± acres in Tallapoosa, Haralson County, Georgia
- 16’ wall height and concrete slab floor
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
$38,172
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
4.93%
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%
$763,440
$763.4K
Cap Rate 7%
$545,314
$545.3K
Cap Rate 9%
$424,133
$424.1K
Market Conditions
NOI Build-Up for 5,200 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
$49.3K $9.48/SF
− Vacancy
−$4.4K −$0.84/SF
EGI
$44.9K $8.64/SF
− OpEx
−$6.7K −$1.30/SF
NOI
$38.2K $7.34/SF
Area
Haralson County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
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%
$763,440
Cap Rate 7%
$545,314
Cap Rate 9%
$424,133
Alternative Uses
Best Use
Warehouse
$545.3K
$477.2K – $636.2K
NOI $38,172 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M
NOI $102,211 @ 7.0% cap · market cap 13.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30176, GA
7,195
Population
3,172
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
85%
High-School Grad
83.1 sq mi
ZIP Area
87
Density / Sq Mi
$59,958
Median Household Income
$40,610
Median Earnings
$914
Median Rent
$179,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Steel-framed construction, paved access, a level site, and connections to public water and sewer support the property’s industrial configuration.
Where is this warehouse located?
The property is located at 20 McAdams Drive Tallapoosa, GA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 5,200± SF industrial warehouse building; 1.91± acres in Tallapoosa, Haralson County, Georgia; 16’ wall height and concrete slab floor
