Cash Flowing Investment
For Sale
$737,900
2124 S Hamilton St, Dalton, GA 30720
Investment property with long-term tenant and warehouse space.
Property Size15,212 SF
Price / SF$48.51
Days on Market121
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
Changed: Jul 10
Last Checked: Jul 31 at 2:26PM
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.
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
170
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30720, GA
27,547
Population
10,731
Households
2.6
Avg Household Size
37
Median Age
29%
College-Educated
77%
High-School Grad
48.6 sq mi
ZIP Area
567
Density / Sq Mi
$65,620
Median Household Income
$38,014
Median Earnings
$965
Median Rent
$225,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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.
