Commercial Land with Existing
For Sale
$557,000
3343 Dogwood Lane NW, Acworth, GA 30101
Commercial Sale, Acworth, GA
Property Size1,914 SF
Lot Size0.87 Acres
Price / SF$291.01
Days on Market31
Property Features for 3343 Dogwood Lane NW
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Interior Lot, Level
Directions
Cobb Pkwy - Hwy 41 - to Dogwood Ln - 2nd house on right
Standard status
Active
APN
20010900420
Size
1,914 SF
Lot size
0.87 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3007
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1963
Building materials
Brick
Listing Agency:
Atlanta Communities
(770) 240-2004
Listed By:
Angela Mccanham
(678) 520-1692
Added: Aug 9
Changed: Sep 6
Last Checked: Sep 8 at 1:06AM
MLS# 10841104
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 0.87-acre commercial land offering includes a 1,914-square-foot brick structure built in 1963. The building has a residential-style interior rather than a commercial layout, with central heating and central air. Site improvements include a large existing parking area, a separate rear entrance, and space described as having drive-around parking potential. Public water, septic service, and cable availability are reported.
The property is in Acworth with access to Cobb Parkway, also identified as Hwy 41, and I-75. LakePoint Sports Complex, Lake Allatoona, shopping, dining, and major transportation corridors are noted nearby. Potential applications identified in the property information include live/work, office or professional use, home health, and investment use; zoning, permitted uses, and site modifications require buyer verification.
The property is in Acworth with access to Cobb Parkway, also identified as Hwy 41, and I-75. LakePoint Sports Complex, Lake Allatoona, shopping, dining, and major transportation corridors are noted nearby. Potential applications identified in the property information include live/work, office or professional use, home health, and investment use; zoning, permitted uses, and site modifications require buyer verification.
Key Highlights
- 0.87‑acre commercial site in Acworth
- 1,914‑square‑foot brick structure built in 1963
- Large existing parking area with separate rear entry
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial site with an existing structure, substantial parking area, and separate rear entry.
Where is this commercial land located?
The property is located at 3343 Dogwood Lane 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: 0.87‑acre commercial site in Acworth; 1,914‑square‑foot brick structure built in 1963; Large existing parking area with separate rear entry
