Flex Space with Fenced
For Sale
$500,000
204 Hawkins Store Rd, Kennesaw, GA 30144
Office, open work, shop, and fenced storage areas support service-oriented commercial operations.
Property Size2,224 SF
Days on Market173
Property Features for 204 Hawkins Store Rd
General Information
Standard status
Active
Size
2,224 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Building Details
Building Size
2,224 SF
Year Built
2005
Listing Agency:
SK Commercial Realty
Listed By:
Chris Little · License #350997
(770) 380-8270
Source:
Commercialcafe
Added: May 8
Changed: Oct 25
Last Checked: Oct 26 at 12:46PM
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 SK Commercial Realty
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Investment Insights
Based on property information with market context.
This 2,224-square-foot flex property, built in 1967, combines four private offices with open work space and dedicated shop space. The configuration accommodates administrative functions alongside hands-on operations and storage needs. A fenced rear area with two gates provides secured outdoor space for vehicles, trailers, or equipment.
The property is positioned off Bells Ferry Rd and is less than 1/2 mile from I-575, providing convenient access for business activities involving personnel, service vehicles, or stored equipment.
The property is positioned off Bells Ferry Rd and is less than 1/2 mile from I-575, providing convenient access for business activities involving personnel, service vehicles, or stored equipment.
Key Highlights
- 2,224‑square‑foot flex property built in 1967
- Four private offices plus open workspace and shop space
- Fenced rear area with two gates
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,782
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,640
$595.6K
Cap Rate 7%
$425,457
$425.5K
Cap Rate 9%
$330,911
$330.9K
Market Conditions
NOI Build-Up for 2,224 SF
Gross rent
$53.1K $23.87/SF
− Vacancy
−$13.4K −$6.02/SF
EGI
$39.7K $17.85/SF
− OpEx
−$9.9K −$4.46/SF
NOI
$29.8K $13.39/SF
Area
Cobb 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 Rate 5%
$595,640
Cap Rate 7%
$425,457
Cap Rate 9%
$330,911
Alternative Uses
Best Use
Office B
$425.5K
$372.3K – $496.4K
NOI $29,782 @ 7.0% cap · market cap 5.96%
Second Best
Industrial
$193.5K
$169.4K – $225.8K
NOI $13,548 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$624.5K
$546.4K – $728.6K
NOI $43,715 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
327
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30144, GA
53,984
Population
22,843
Households
2.4
Avg Household Size
34
Median Age
45%
College-Educated
94%
High-School Grad
22.1 sq mi
ZIP Area
2,443
Density / Sq Mi
$84,628
Median Household Income
$41,693
Median Earnings
$1,745
Median Rent
$310,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office, open work, shop, and fenced storage areas support service-oriented commercial operations.
Where is this flex space located?
The property is located at 204 Hawkins Store Rd Kennesaw, GA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 2,224‑square‑foot flex property built in 1967; Four private offices plus open workspace and shop space; Fenced rear area with two gates
