Steel-Frame Warehouse
New
For Sale
$775,000
20 McAdams Road, Tallapoosa, GA 30176
Commercial Sale, Tallapoosa, GA
Property Size5,200 SF
Lot Size2.00 Acres
Price / SF$110.71
Days on Market2
Property Features for 20 McAdams Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Lot features
Level
Directions
GPS Friendly
Standard status
Active
APN
0053A0002
Size
7,000 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
2003
Listing Agency:
Metro West Realty Group LLC
(770) 836-0042
Listed By:
Joel Morris · License #292526
(770) 815-4088
Added: Sep 22
Changed: Sep 23
Last Checked: Sep 23 at 5:06PM
MLS# 10851094
Copyright © 2026 Georgia Multiple Listing Service. 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 warehouse property features a steel-frame building with metal construction, a galvanized metal roof, concrete slab flooring, and 16-foot wall height. Built in 2003, the facility also includes electric heating and central air conditioning.
The site is served by public water and public sewer, with electricity available and paved access from McAdams Road. Level topography and a parking lot provide functional support for warehouse, equipment, storage, service, or distribution operations. The property is located in Tallapoosa, Haralson County, Georgia.
The site is served by public water and public sewer, with electricity available and paved access from McAdams Road. Level topography and a parking lot provide functional support for warehouse, equipment, storage, service, or distribution operations. The property is located in Tallapoosa, Haralson County, Georgia.
Key Highlights
- 16' wall height
- Steel‑frame construction with metal exterior and galvanized metal roof
- 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
$51,386
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
6.63%
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%
$1,027,720
$1.0M
Cap Rate 7%
$734,086
$734.1K
Cap Rate 9%
$570,956
$571.0K
Market Conditions
NOI Build-Up for 7,000 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
$66.4K $9.48/SF
− Vacancy
−$5.9K −$0.84/SF
EGI
$60.5K $8.64/SF
− OpEx
−$9.1K −$1.30/SF
NOI
$51.4K $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%
$1,027,720
Cap Rate 7%
$734,086
Cap Rate 9%
$570,956
Alternative Uses
Best Use
Warehouse
$734.1K
$642.3K – $856.4K
NOI $51,386 @ 7.0% cap · market cap 6.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.97M
$1.72M – $2.29M
NOI $137,592 @ 7.0% cap · market cap 17.75%
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial facility with paved access, public utilities, and a level site supporting parking, equipment, or operational needs.
Where is this warehouse located?
The property is located at 20 McAdams Road 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: 16' wall height; Steel‑frame construction with metal exterior and galvanized metal roof; Concrete slab floor
