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Flex Warehouse with Office
For Sale
$550,000

24 Hardwood Ridge Parkway, Adairsville, GA 30103

COMMERCIAL - Adairsville, GA

Property Size2,800 SF
Lot Size0.65 Acres
Price / SF$196.43
Days on Market47

Property Features for 24 Hardwood Ridge Parkway

General Information

Property type Commercial Sale
Property subtype Other
Parking 50
Parking features Parking Lot
Lot features Industrial Park, Level
Directions GPS compatible Follow I-75 N to GA-140 W in Adairsville. Take exit 306. Follow GA-140 W and US-41 N/Joe Frank Harris Pkwy NW to Hardwood Ridge Pkwy (Ace Hardware in on the corner). Take a right onto Hardwood Ridge Pkwy, building is on the right.
Standard status Active
APN A0100172005
Size 2,800 SF
Lot size 0.65 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2580

Utilities

Utilities Water Available
Sewer type Septic Tank
Water source Public

Building Details

Year built 1998
Flooring type Concrete
Roof type Metal
Listing Agency: Atlanta Communities
Listed By: Cheryl Meredith
Added: Jun 15 Changed: Jul 11 Last Checked: Jul 31 at 5:06PM
MLS# 10786216

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex-style warehouse property includes approximately 2,800 square feet of steel building space on a level lot, along with about 200 square feet of office/reception area. The layout also features additional storage rooms, a kitchenette, and a full bathroom, supporting a range of operational needs. Building features include three bay doors and 12-foot ceilings. Recent improvements include a newer metal roof and insulation.

The property is located at 24 Hardwood Ridge Parkway in Adairsville, with convenient access noted near Hwy 41 and I-75 and positioned behind Tru-Value Hardware. Parking is available in both the front and rear, totaling approximately 50 parking spaces in the rear and 20 spaces in the front.

The improvements and configuration are described as suitable for uses such as an auto mechanic shop, towing company, contractor, service business, warehouse, storage, distribution, or an owner-user operation.

Key Highlights

  • Approximately 2,800 sq. ft. steel warehouse/commercial building with level lot in Adairsville, built in 1998
  • Includes about 200 sq. ft. office/reception space plus kitchenette, full bathroom, and additional storage rooms
  • Three bay doors and 12‑foot ceilings for warehouse and equipment access

Financial Insights For Office B

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 $66.8k $23.87
− Vacancy −$16.8k −$6.02
EGI $50.0k $17.85
− OpEx −$12.5k −$4.46
NOI $37.5k $13.39
2,800 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$535.6K
$468.7K – $624.9K (±1% cap)
NOI $37,495 @ 7.0% cap · market cap 6.82%
Second Best
Warehouse
$293.6K
$256.9K – $342.6K (±1% cap)
NOI $20,554 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$786.2K
$688.0K – $917.3K (±1% cap)
NOI $55,037 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mad Dog Headers Department Store

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store Real Estate Agency Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12 ft
Clear height
3
Drive-in doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Steel warehouse with three bay doors, 12-foot ceilings, and office/reception space on a level lot.
Where is this flex space located?
The property is located at 24 Hardwood Ridge Parkway Adairsville, GA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approximately 2,800 sq. ft. steel warehouse/commercial building with level lot in Adairsville, built in 1998; Includes about 200 sq. ft. office/reception space plus kitchenette, full bathroom, and additional storage rooms; Three bay doors and 12‑foot ceilings for warehouse and equipment access
More about this property
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