Industrial Office
For Sale
$1,050,000
Pending
419 Hamilton Crossing Rd Nw, Cartersville, GA 30120
6,000 SF office-warehouse with two drive-in doors on 1.87 acres, zoned I-1 with gravel outdoor storage.
Property Size6,000 SF
Lot Size1.87 Acres
Days on Market171
Property Features for 419 Hamilton Crossing Rd Nw
General Information
Standard status
Pending
Size
6,000 SF
Lot size
1.87 Acres
Zoning
I-1
Additional Details
Highway Access
Yes
Drive-In Doors
2
Taxes and HOA fees
Annual Taxes
$5,793
Listing Agency:
George F. Willis Realty
(770) 846-7924
Listed By:
Ty D Mitcham · License #252486
(770) 846-7924
Source:
Exprealty
Added: Mar 6
Changed: Aug 24
Last Checked: Aug 14 at 7:34AM
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 George F. Willis Realty
Investment Insights
Based on property information with market context.
This industrial office warehouse offers a combined setup with office space, warehouse area, and two drive-in doors for loading and operations. The property is zoned I-1 and includes ample gravel outdoor storage intended to support day-to-day use of equipment, materials, or fleet vehicles.
The site is located just off US 411 / GA 20 in Bartow County, providing convenient access for light industrial and service-oriented businesses that need both enclosed space and yard storage.
The improvements total 6,000 SF, arranged to support office and warehouse functions alongside outdoor storage within the 1.87-acre site.
The site is located just off US 411 / GA 20 in Bartow County, providing convenient access for light industrial and service-oriented businesses that need both enclosed space and yard storage.
The improvements total 6,000 SF, arranged to support office and warehouse functions alongside outdoor storage within the 1.87-acre site.
Key Highlights
- 6,000 SF office‑warehouse on 1.87 acres, built in 2005
- Zoned I‑1 (industrial) in Bartow County
- Includes office space, warehouse area, and two drive‑in doors
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
$44,045
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
4.19%
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%
$880,900
$880.9K
Cap Rate 7%
$629,214
$629.2K
Cap Rate 9%
$489,389
$489.4K
Market Conditions
NOI Build-Up for 6,000 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
$56.9K $9.48/SF
− Vacancy
−$5.1K −$0.84/SF
EGI
$51.8K $8.64/SF
− OpEx
−$7.8K −$1.30/SF
NOI
$44.0K $7.34/SF
Area
Bartow 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 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%
$880,900
Cap Rate 7%
$629,214
Cap Rate 9%
$489,389
Alternative Uses
Best Use
Warehouse
$629.2K
$550.6K – $734.1K
NOI $44,045 @ 7.0% cap · market cap 4.19%
Second Best
Industrial
$522.2K
$456.9K – $609.2K
NOI $36,551 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$1.68M
$1.47M – $1.97M
NOI $117,936 @ 7.0% cap · market cap 11.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Balanced
Demand for This Use
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
Market
Vacancy Rate% for Industrial 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?
Flex space - 6,000 SF office-warehouse with two drive-in doors on 1.87 acres, zoned I-1 with gravel outdoor storage.
Where is this flex space located?
The property is located at 419 Hamilton Crossing Rd Nw Cartersville, GA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 6,000 SF office‑warehouse on 1.87 acres, built in 2005; Zoned I‑1 (industrial) in Bartow County; Includes office space, warehouse area, and two drive‑in doors
