Flex Building with Loading
401 E MORRIS ST, Dalton, GA 30721
For Sale
New
Contact for pricing
A balanced showroom and warehouse layout includes office space and two restrooms.
Property Size6,200 SF
Price / SF$88.71
Days on Market5
Property Features for 401 E MORRIS ST
General Information
Standard status
Size
Property subtype
Site & Location
Corner Location
Mixed-Use Components
Building Details
Buildings
Building Size
Listing Agency:
RE/MAX Properties
Listed By:
Daniel Hunter · License TN #343739
(423) 605-9713
Source:
Crexi
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 10 at 2:30PM
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 RE/MAX Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,200-square-foot flex building at 401 E Morris St in Dalton, Georgia, combines showroom and warehouse areas in roughly equal proportions. The property also includes office space, two bathrooms and a loading dock.
Situated on a corner lot, the building has parking along two sides. The previous occupant was a restaurant equipment business.
Situated on a corner lot, the building has parking along two sides. The previous occupant was a restaurant equipment business.
Key Highlights
- 6,200‑square‑foot flex building on a corner lot
- Showroom and warehouse areas are roughly equal in size
- Includes office space and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,552
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$791,040
$791.0K
Cap Rate 7%
$565,029
$565.0K
Cap Rate 9%
$439,467
$439.5K
Market Conditions
NOI Build-Up for 6,200 SF
Gross rent
$61.8K $9.96/SF
− Vacancy
−$5.2K −$0.85/SF
EGI
$56.5K $9.11/SF
− OpEx
−$17.0K −$2.73/SF
NOI
$39.6K $6.38/SF
Area
Whitfield County, GA
Vacancy
8.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$791,040
Cap Rate 7%
$565,029
Cap Rate 9%
$439,467
Alternative Uses
Best Use
Retail
$565.0K
$494.4K – $659.2K
NOI $39,552 @ 7.0% cap · market cap 7.19%
Second Best
Flex RnD
$480.8K
$420.7K – $561.0K
NOI $33,659 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$990.1K
$866.3K – $1.16M
NOI $69,305 @ 7.0% cap · market cap 12.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,675
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30721, GA
53,432
Population
19,866
Households
2.7
Avg Household Size
34
Median Age
12%
College-Educated
70%
High-School Grad
126.8 sq mi
ZIP Area
421
Density / Sq Mi
$57,749
Median Household Income
$33,029
Median Earnings
$898
Median Rent
$172,500
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
Frequently Asked Questions
What type of property is this?
Flex space - A balanced showroom and warehouse layout includes office space and two restrooms.
Where is this flex space located?
The property is located at 401 E MORRIS ST Dalton, 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: 6,200‑square‑foot flex building on a corner lot; Showroom and warehouse areas are roughly equal in size; Includes office space and 2 bathrooms
