Live-Work Property with Rear
For Sale
Contact for pricing
3343 Dogwood Ln NW, Acworth, GA 30101
Commercially zoned property with parking, separate rear entry, and a residential-style interior suited to flexible occupancy.
Property Size1,914 SF
Price / SF$291.01
Days on Market16
Property Features for 3343 Dogwood Ln NW
General Information
Standard status
Active
Size
1,914 SF
Class
C
Total Parking Spaces
8
Property subtype
Office, Land, Senior Living
Zoning
C3;OP
Investment Type
Owner/User
Building Details
Year Built
1963
Year Renovated
2007
Buildings
1
Stories
2
Units
1
Listing Agency:
Atlanta Commercial Real Estate Brokers
Listed By:
Angie McCanham · License #397574
Source:
Crexi
Added: Aug 8
Changed: Aug 21
Last Checked: Aug 22 at 4:16PM
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 Commercial Real Estate Brokers
Investment Insights
Based on property information with market context.
This 1,914-square-foot property occupies approximately 0.87 acres and includes an existing structure built in 1963. The interior retains a residential-style layout, while the site provides an expansive parking area, a separate rear entry, and room for drive-around circulation. The property is presented for flexible live/work or office-professional use, with C3;OP zoning. Buyers should verify zoning, permitted uses, and any proposed site modifications.
The property is located just off Cobb Parkway, also identified as Hwy 41, with access to I-75. LakePoint Sports Complex, Lake Allatoona, shopping, dining, and major transportation corridors are noted in the surrounding area. The combination of building area, commercial acreage, parking, and rear access creates a practical setup for an owner-user or investor evaluating a live-work or office property.
The property is located just off Cobb Parkway, also identified as Hwy 41, with access to I-75. LakePoint Sports Complex, Lake Allatoona, shopping, dining, and major transportation corridors are noted in the surrounding area. The combination of building area, commercial acreage, parking, and rear access creates a practical setup for an owner-user or investor evaluating a live-work or office property.
Key Highlights
- Approximately 0.87‑acre commercial site
- 1,914 SF existing structure built in 1963
- C3;OP zoning; buyer to verify permitted uses
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,631
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$512,620
$512.6K
Cap Rate 7%
$366,157
$366.2K
Cap Rate 9%
$284,789
$284.8K
Market Conditions
NOI Build-Up for 1,914 SF
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.
Gross rent
$45.7K $23.87/SF
− Vacancy
−$11.5K −$6.02/SF
EGI
$34.2K $17.85/SF
− OpEx
−$8.5K −$4.46/SF
NOI
$25.6K $13.39/SF
Area
Cherokee 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$512,620
Cap Rate 7%
$366,157
Cap Rate 9%
$284,789
Alternative Uses
Best Use
Office B
$366.2K
$320.4K – $427.2K
NOI $25,631 @ 7.0% cap · market cap 4.60%
Second Best
Mixed Use
$360.9K
$315.8K – $421.1K
NOI $25,265 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$537.5K
$470.3K – $627.0K
NOI $37,622 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
522
Businesses Nearby
Explore this area
Business Placement
Demographics for 30101, GA
61,989
Population
21,788
Households
2.8
Avg Household Size
39
Median Age
43%
College-Educated
94%
High-School Grad
41.0 sq mi
ZIP Area
1,512
Density / Sq Mi
$107,004
Median Household Income
$52,779
Median Earnings
$1,679
Median Rent
$376,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Commercially zoned property with parking, separate rear entry, and a residential-style interior suited to flexible occupancy.
Where is this live-work space located?
The property is located at 3343 Dogwood Ln NW Acworth, GA.
What is the asking price?
The asking price for this property is $557,000.
What are key features of this property?
This property features: Approximately 0.87‑acre commercial site; 1,914 SF existing structure built in 1963; C3;OP zoning; buyer to verify permitted uses
