Versatile Warehouse with Office
24 Hardwood Ridge Pkwy, Adairsville, GA 30103
For Sale
$545,000
Steel warehouse with office/reception, three bay doors, and updated roof, positioned for contractor and service-oriented operations.
Property Size2,800 SF
Price / SF$194.64
Days on Market146
Property Features for 24 Hardwood Ridge Pkwy
General Information
Standard status
Size
Total Parking Spaces
Additional Details
Highway Access
Clear Height
Building Details
Year Built
Listing Agency:
Atlanta Communities
Listed By:
Cheryl Meredith · License #356884
(678) 925-3645
Source:
Annakintown
Added: Jun 17
Changed: Oct 25
Last Checked: Oct 7 at 5:47PM
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 Atlanta Communities
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Investment Insights
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This versatile steel warehouse/commercial building offers a practical mix of work space and customer or admin space. Approximately 200 sq. ft. of office/reception area supports a service counter or administrative needs, with additional storage rooms, a kitchenette, and a full bathroom. The main warehouse is designed for vehicle or equipment access with three bay doors and 12-foot ceilings, providing a straightforward layout for storage, distribution, or operational workflow. Recent updates include a newer metal roof and insulation, and the property sits on a level lot.
The building is located in Adairsville near Hwy 41 and I-75, positioned behind Tru-Value Hardware. Parking is available in both the front and rear areas, with approximately 20 spaces in the front and about 50 spaces in the rear, supporting customer visits and day-to-day staffing.
The property is suited for a range of owner-user and business uses, including auto mechanic or towing operations, contractor and service businesses, and warehouse or storage needs. It may also work for buyers looking for a warehouse with on-site office space and dedicated functional rooms for daily operations. The real estate is for sale, with equipment, tools, and the existing business available for purchase separately.
The building is located in Adairsville near Hwy 41 and I-75, positioned behind Tru-Value Hardware. Parking is available in both the front and rear areas, with approximately 20 spaces in the front and about 50 spaces in the rear, supporting customer visits and day-to-day staffing.
The property is suited for a range of owner-user and business uses, including auto mechanic or towing operations, contractor and service businesses, and warehouse or storage needs. It may also work for buyers looking for a warehouse with on-site office space and dedicated functional rooms for daily operations. The real estate is for sale, with equipment, tools, and the existing business available for purchase separately.
Key Highlights
- Approx. 2,800 sq. ft. steel warehouse/commercial building on a level lot
- Includes approx. 200 sq. ft. office/reception space plus additional storage rooms
- Three bay doors and 12‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,554
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,080
$411.1K
Cap Rate 7%
$293,629
$293.6K
Cap Rate 9%
$228,378
$228.4K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$26.5K $9.48/SF
− Vacancy
−$2.4K −$0.84/SF
EGI
$24.2K $8.64/SF
− OpEx
−$3.6K −$1.30/SF
NOI
$20.6K $7.34/SF
Area
Bartow 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 Rate 5%
$411,080
Cap Rate 7%
$293,629
Cap Rate 9%
$228,378
Alternative Uses
Best Use
Warehouse
$293.6K
$256.9K – $342.6K
NOI $20,554 @ 7.0% cap · market cap 3.77%
Second Best
Industrial
$243.7K
$213.2K – $284.3K
NOI $17,057 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$786.2K
$688.0K – $917.3K
NOI $55,037 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
12 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30103, GA
15,606
Population
5,726
Households
2.7
Avg Household Size
38
Median Age
21%
College-Educated
91%
High-School Grad
103.9 sq mi
ZIP Area
150
Density / Sq Mi
$76,055
Median Household Income
$45,059
Median Earnings
$1,025
Median Rent
$228,800
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Steel warehouse with office/reception, three bay doors, and updated roof, positioned for contractor and service-oriented operations.
Where is this flex space located?
The property is located at 24 Hardwood Ridge Pkwy Adairsville, GA.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Approx. 2,800 sq. ft. steel warehouse/commercial building on a level lot; Includes approx. 200 sq. ft. office/reception space plus additional storage rooms; Three bay doors and 12‑foot ceilings
