Shallow-Bay Warehouse
For Sale
$5,650,000
315 -317 Northpoint Pky SE, Acworth, GA 30102
Two masonry buildings provide flexible warehouse and distribution space for multi-tenant industrial use.
Property Size243,065 SF
Lot Size5.58 Acres
Price / SF$172.47
Days on Market48
Property Features for 315 -317 Northpoint Pky SE
General Information
Standard status
Active
Size
243,065 SF
Lot size
5.58 Acres
Property subtype
Commercial
Additional Details
Highway Access
Yes
Clear Height
18 ft
Building Details
Building Size
243,065 SF
Year Built
2004
Buildings
2
Construction
masonry
Listing Agency:
Matthews Real Estate Investment Services | Atlanta
Listed By:
Thomas Wilkinson · License #416083 (GA)
(404) 348-4945
Source:
Matthews
Added: Aug 30
Changed: Sep 14
Last Checked: Oct 16 at 5:40AM
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 Matthews Real Estate Investment Services | Atlanta
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Investment Insights
Based on property information with market context.
This warehouse property comprises two masonry-constructed buildings totaling approximately 32,760 square feet. Built in 2004, the facility offers 18-foot clear heights and a shallow-bay configuration suited to warehouse, distribution, and multi-tenant industrial operations. The layout is designed for functional storage and movement of goods across the buildings.
The improvements sit on approximately 5.58 acres in Acworth, Georgia, with a 13.48% coverage ratio. The site provides room for parking and vehicle circulation, while its low-coverage layout may accommodate outdoor storage or additional site improvements. The property is positioned near I-75, providing access to the broader Atlanta MSA and the Northwest Atlanta industrial corridor.
The improvements sit on approximately 5.58 acres in Acworth, Georgia, with a 13.48% coverage ratio. The site provides room for parking and vehicle circulation, while its low-coverage layout may accommodate outdoor storage or additional site improvements. The property is positioned near I-75, providing access to the broader Atlanta MSA and the Northwest Atlanta industrial corridor.
Key Highlights
- ±32,760‑square‑foot facility across two masonry‑constructed buildings
- 18‑foot clear heights support warehouse and distribution operations
- Shallow‑bay configuration suited to multi‑tenant industrial use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$240,486
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,809,720
$4.8M
Cap Rate 7%
$3,435,514
$3.4M
Cap Rate 9%
$2,672,067
$2.7M
Market Conditions
NOI Build-Up for 32,760 SF
Gross rent
$310.6K $9.48/SF
− Vacancy
−$27.6K −$0.84/SF
EGI
$282.9K $8.64/SF
− OpEx
−$42.4K −$1.30/SF
NOI
$240.5K $7.34/SF
Area
Cherokee 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%
$4,809,720
Cap Rate 7%
$3,435,514
Cap Rate 9%
$2,672,067
Alternative Uses
Best Use
Warehouse
$3.44M
$3.01M – $4.01M
NOI $240,486 @ 7.0% cap · market cap 4.26%
Second Best
Industrial
$2.85M
$2.49M – $3.33M
NOI $199,569 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$9.20M
$8.05M – $10.73M
NOI $643,931 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
18 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30102, GA
43,463
Population
16,144
Households
2.7
Avg Household Size
37
Median Age
33%
College-Educated
91%
High-School Grad
31.4 sq mi
ZIP Area
1,384
Density / Sq Mi
$91,673
Median Household Income
$45,667
Median Earnings
$1,444
Median Rent
$292,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Prime Storage — 3495 baker rd, acworth, ga 30101
Frequently Asked Questions
What type of property is this?
Warehouse - Two masonry buildings provide flexible warehouse and distribution space for multi-tenant industrial use.
Where is this warehouse located?
The property is located at 315 -317 Northpoint Pky SE Acworth, GA.
What is the asking price?
The asking price for this property is $5,650,000.
What are key features of this property?
This property features: ±32,760‑square‑foot facility across two masonry‑constructed buildings; 18‑foot clear heights support warehouse and distribution operations; Shallow‑bay configuration suited to multi‑tenant industrial use
