Commercial Land with Existing
For Sale
$850,000
2282 Highway 411 NE, Cartersville, GA 30121
Fenced commercial site with two access points, parking, and an existing building for adaptable business use.
Property Size4,000 SF
Price / SF$212.50
Days on Market151
Property Features for 2282 Highway 411 NE
General Information
Standard status
Active
Size
4,000 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$4,026
Amenities
Central Air
3
Carpet
Parking.
40 Parking Spaces. Lot.
2.200000047683716
US Highway.
Building Details
Year Built
1989
Listing Agency:
H & H Realty LLC
(770) 547-5123
Listed By:
Cassie Harris · License #386321
(770) 547-5123
Source:
Xome
Added: Apr 3
Changed: Aug 30
Last Checked: Aug 30 at 9:50PM
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 H & H Realty LLC
Investment Insights
Based on property information with market context.
This 2.2-acre commercial land parcel includes a 4,000-square-foot building constructed in 1989. The fully fenced site has two access points, 40 parking spaces, central air, and carpeted interior areas. The property previously operated as a truck stop and can accommodate large vehicles.
Located on Highway 411 near I-75, the site is directly across from a Harley-Davidson dealership and near the Tellus Science Museum. The existing building provides space for office, general store, liquor store, or other commercial uses identified in the property information, while the land offers room for customization or expansion.
Located on Highway 411 near I-75, the site is directly across from a Harley-Davidson dealership and near the Tellus Science Museum. The existing building provides space for office, general store, liquor store, or other commercial uses identified in the property information, while the land offers room for customization or expansion.
Key Highlights
- 2.2‑acre commercial land parcel on Highway 411 near I‑75
- 4,000‑square‑foot building constructed in 1989
- Fully fenced site with two access points
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
$56,262
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
6.62%
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%
$1,125,240
$1.1M
Cap Rate 7%
$803,743
$803.7K
Cap Rate 9%
$625,133
$625.1K
Market Conditions
NOI Build-Up for 4,000 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
$87.8K $21.96/SF
− Vacancy
−$7.5K −$1.87/SF
EGI
$80.4K $20.09/SF
− OpEx
−$24.1K −$6.03/SF
NOI
$56.3K $14.07/SF
Area
Bartow County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
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%
$1,125,240
Cap Rate 7%
$803,743
Cap Rate 9%
$625,133
Alternative Uses
Best Use
Retail
$803.7K
$703.3K – $937.7K
NOI $56,262 @ 7.0% cap · market cap 6.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$982.8K – $1.31M
NOI $78,624 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 43%
Hotels & Casinos 5%
Waffle House
Dining
6,411 visits/mo
0.2 miles
Chevron
Shops & Services
5,233 visits/mo
0.2 miles
Motel 6 White, GA - Cartersville
Hotels & Casinos
614 visits/mo
0.3 miles
Demographics for 30121, GA
25,089
Population
11,175
Households
2.2
Avg Household Size
38
Median Age
24%
College-Educated
91%
High-School Grad
57.7 sq mi
ZIP Area
435
Density / Sq Mi
$77,496
Median Household Income
$43,185
Median Earnings
$1,254
Median Rent
$258,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Fenced commercial site with two access points, parking, and an existing building for adaptable business use.
Where is this commercial land located?
The property is located at 2282 Highway 411 NE Cartersville, GA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2.2‑acre commercial land parcel on Highway 411 near I‑75; 4,000‑square‑foot building constructed in 1989; Fully fenced site with two access points
