Clear-Span Flex
New
For Sale
$1,210,000
2395 Highway 92, Acworth, GA 30102
Industrial facility with office accommodation, drive-in access, fenced storage, and three-phase electrical service.
Property Size7,200 SF
Days on Market4
Property Features for 2395 Highway 92
General Information
Standard status
Active
Size
7,200 SF
Property subtype
Industrial
Building Details
Building Size
7,200 SF
Listing Agency:
King Industrial Realty, Inc.
(225) 324-0552
Listed By:
Anthony Montes de Oca · License #451506
(225) 324-0552
Source:
Corfac
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 11 at 5:07AM
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 King Industrial Realty, Inc.
Investment Insights
Based on property information with market context.
This flex-space property includes a 7,200± SF warehouse with 400± SF of office area. The clear-span layout provides open interior volume, while six drive-in doors support loading and vehicle access. Ceiling height reaches 19 feet at the center, and the building is served by three-phase power. A fenced outdoor storage area expands the usable operating area. The property sits on 1± acre and carries GC zoning.
Located at 2395 Highway 92 in Acworth, Georgia, the facility is 1.2± miles from I-75. Its address along Highway 92 and combination of warehouse, office, loading, and exterior storage features support a range of industrial operations.
Located at 2395 Highway 92 in Acworth, Georgia, the facility is 1.2± miles from I-75. Its address along Highway 92 and combination of warehouse, office, loading, and exterior storage features support a range of industrial operations.
Key Highlights
- 7,200± SF warehouse with 400± SF of office space
- Six drive‑in doors and 19' center ceiling height
- Clear‑span warehouse configuration
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
$52,854
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
4.37%
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%
$1,057,080
$1.1M
Cap Rate 7%
$755,057
$755.1K
Cap Rate 9%
$587,267
$587.3K
Market Conditions
NOI Build-Up for 7,200 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
$68.3K $9.48/SF
− Vacancy
−$6.1K −$0.84/SF
EGI
$62.2K $8.64/SF
− OpEx
−$9.3K −$1.30/SF
NOI
$52.9K $7.34/SF
Area
Cherokee 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%
$1,057,080
Cap Rate 7%
$755,057
Cap Rate 9%
$587,267
Alternative Uses
Best Use
Warehouse
$755.1K
$660.7K – $880.9K
NOI $52,854 @ 7.0% cap · market cap 4.37%
Second Best
Industrial
$626.6K
$548.3K – $731.0K
NOI $43,861 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,523 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30102, GA
43,463
Population
16,144
Households
2.7
Avg Household Size
37
Median Age
33%
College-Educated
91%
High-School Grad
31.4 sq mi
ZIP Area
1,384
Density / Sq Mi
$91,673
Median Household Income
$45,667
Median Earnings
$1,444
Median Rent
$292,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial facility with office accommodation, drive-in access, fenced storage, and three-phase electrical service.
Where is this flex space located?
The property is located at 2395 Highway 92 Acworth, GA.
What is the asking price?
The asking price for this property is $1,210,000.
What are key features of this property?
This property features: 7,200± SF warehouse with 400± SF of office space; Six drive‑in doors and 19' center ceiling height; Clear‑span warehouse configuration
