24 Hardwood Ridge Parkway, Adairsville, GA 30103
COMMERCIAL - Adairsville, GA
Property Features for 24 Hardwood Ridge Parkway
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The building is located near Hwy 41 and I-75, positioned behind Tru-Value Hardware, which can support convenient day-to-day access. Parking is available in both the front and rear, with approximately 20 spaces in front and about 50 spaces in the rear.
Configured for flexibility, the property is described as suitable for a range of owner-user and business uses, including warehouse, storage, distribution, contractor/service operations, and service-oriented businesses that benefit from overhead and bay-door access.
Key Highlights
- Approx. 2,800 SF metal warehouse/commercial building with 200 SF office/reception space
- 3 bay doors and 12‑foot ceilings, plus additional storage rooms
- Includes office/reception area, kitchenette, and full bathroom; concrete flooring and high ceilings (10+ ft)
Financial Insights For Warehouse
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 | $26.5k | $9.48 |
| − Vacancy | −$2.4k | −$0.84 |
| EGI | $24.2k | $8.64 |
| − OpEx | −$3.6k | −$1.30 |
| NOI | $20.6k | $7.34 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 30103, GA
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Adairsville's Attic Self Storage — 25 Hardwood Ridge Pkwy, Adairsville, GA 30103