Cash Flowing Investment
2124 S Hamilton St Dalton, GA 30720
2124 S Hamilton St, Dalton, GA, 30720
$737,900
For Sale
$737,900
Investment property with long-term tenant and warehouse space.
Property Size15,212 SF
Price / SF$48.51
Days on Market106
Property Features for 2124 S Hamilton St
General Information
- Standard status
- Active
- Size
- 15,212 SF
Listing Agency
Coldwell Banker Kinard Realty - Dalton
(706) 463-8300
Listed by
Bradley Nelson · License #160648
(706) 463-8300
Source
Exprealty
Added: Apr 3 Checked: Jul 16 at 11:05 am
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 an investment opportunity with a tenant in place since December 1, 2012, with over 2.5 years remaining on the current lease. The building features 6 to 7 offices, a conference room, and a kitchenette. It also includes 3 lab or training rooms, 3 restrooms, and approximately 10,000 square feet of warehouse space. The warehouse has 1 drive-in door and 1 dock door. The Net Operating Income (NOI) is $59,028. The property size is 15,212 square feet.
Key Highlights
- Existing tenant with over 2.5 years remaining on the current lease.
- Net Operating Income (NOI) of $59,028.
- Tenant has expressed intent to renew the lease.
Local Financial Insights For Industrial
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 | $91.3k | $6.00 |
| − Vacancy | −$4.7k | −$0.31 |
| EGI | $86.5k | $5.69 |
| − OpEx | −$26.0k | −$1.71 |
| NOI | $60.6k | $3.98 |
15,212 SF · lease $6.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$1.18M
$1.03M – $1.38M
NOI $82,583 @ 7.0% cap · market cap 11.19%
Second Best
Warehouse
$1.10M
$960.2K – $1.28M
NOI $76,812 @ 7.0% cap · market cap 10.41%
Theoretical Best
Office A
$2.43M
$2.13M – $2.83M
NOI $170,043 @ 7.0% cap · market cap 23.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wacker
Factory
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Investment property with long-term tenant and warehouse space.
Where is this flex space located?
The property is located at 2124 S Hamilton St 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: Existing tenant with over 2.5 years remaining on the current lease.; Net Operating Income (NOI) of $59,028.; Tenant has expressed intent to renew the lease.
