Live-Work Space with Office
254 S Dixie Ave, Cartersville, GA 30120
For Sale
$250,000
A converted residence pairs two bedrooms and two baths with dedicated office rooms.
Property Size1,050 SF
Price / SF$238.10
Days on Market47
Property Features for 254 S Dixie Ave
General Information
Standard status
Size
Additional Details
Highway Access
Building Details
Year Built
Buildings
Construction
Listing Agency:
Professional Realty Group
Listed By:
HOWARD SMITH · License #159144
(770) 318-1018
Source:
Shortsaleatlanta
Added: Sep 24
Changed: Nov 2
Last Checked: Nov 8 at 9:48AM
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 Professional Realty Group
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Investment Insights
Based on property information with market context.
This live-work property is an approximately 1,050-square-foot residence adapted for office use. It has two bedrooms, two bathrooms, and two additional rooms configured as offices. The building features three-sided brick construction, a new roof, and an HVAC system that is 5 years old. Built in 1940, the property is adjacent to US Hwy 41 in Cartersville. The remarks identify GC as allowing a range of uses.
Key Highlights
- Approx. 1,050 sq ft building with two bedrooms, two bathrooms, and two office rooms
- Residence converted for office use
- Adjacent to US Hwy 41 in Cartersville
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,061
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,220
$281.2K
Cap Rate 7%
$200,871
$200.9K
Cap Rate 9%
$156,233
$156.2K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$25.1K $23.87/SF
− Vacancy
−$6.3K −$6.02/SF
EGI
$18.7K $17.85/SF
− OpEx
−$4.7K −$4.46/SF
NOI
$14.1K $13.39/SF
Area
Bartow County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,220
Cap Rate 7%
$200,871
Cap Rate 9%
$156,233
Alternative Uses
Best Use
Office B
$200.9K
$175.8K – $234.4K
NOI $14,061 @ 7.0% cap · market cap 5.62%
Second Best
Mixed Use
$148.5K
$129.9K – $173.3K
NOI $10,395 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$293.5K
$256.8K – $342.4K
NOI $20,546 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,174
Businesses Nearby
Explore this area
Business Placement
Demographics for 30120, GA
42,702
Population
16,778
Households
2.5
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
93.0 sq mi
ZIP Area
459
Density / Sq Mi
$83,892
Median Household Income
$44,948
Median Earnings
$1,205
Median Rent
$276,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Live-work space - A converted residence pairs two bedrooms and two baths with dedicated office rooms.
Where is this live-work space located?
The property is located at 254 S Dixie Ave Cartersville, GA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Approx. 1,050 sq ft building with two bedrooms, two bathrooms, and two office rooms; Residence converted for office use; Adjacent to US Hwy 41 in Cartersville
