Flex Warehouse with
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
(770) 240-2005
Listed By:
Cheryl Meredith
(678) 925-3645
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.
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
NOI $37,495 @ 7.0% cap · market cap 6.82%
Second Best
Warehouse
$293.6K
$256.9K – $342.6K
NOI $20,554 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$786.2K
$688.0K – $917.3K
NOI $55,037 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
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
Market
Vacancy Rate% for Office in South region
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