Mixed-Use Property with Home
For Sale
$389,000
5638 Lake Acworth Drive NW, Acworth, GA 30101
MXD CMPLX zoning supports a residential and commercial configuration along Lake Acworth Drive.
Property Size1,956 SF
Price / SF$201.35
Days on Market17
Property Features for 5638 Lake Acworth Drive NW
General Information
Standard status
Active
Size
1,956 SF
Property subtype
Commercial
Amenities
0.4 acres, City Lot
Public Sewer
Parcel Number: 20000800440, Annual Amount: $4,549, Year: 2025
Hardwood, Tile
Central Air
Central, Forced Air, Natural Gas
Listing ID: 10854698, Standard Status: Active, MLS Status: Active, On market as of 2026-09-28, 10 days on market
6 total parking spaces, Covered, Parking Lot, Paved
Built in 1956, Construction Materials: Brick, Concrete, Frame
County/Parish: Cobb
Resale, Other structures: Garage(s)
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Source: Public
Close Of Escrow
Energy Efficiency: Appliances
Water Body Name: NONE
Building Details
Building Size
1,956 SF
Year Built
1956
Listing Agency:
Markcorp Worldwide, Inc.
(866) 629-8463
Listed By:
Barry Gazzard · License #280395
(404) 563-0731
Source:
Blackstreaminternational
Added: Sep 28
Changed: Oct 13
Last Checked: Oct 12 at 8:46PM
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 Markcorp Worldwide, Inc.
Investment Insights
Based on property information with market context.
This 1,932-square-foot mixed-use property has a three-bedroom, two-bathroom layout, hardwood floors, a family room with a fireplace, and an eat-in kitchen with granite countertops and stainless steel appliances. The home also includes a single-car garage, covered porches, a large rear deck, and a separate shed suited to RV or boat storage. Remodeling was completed after the current owner acquired the property in 2016. The zoning designation is MXD CMPLX, and the property is presented for residential, office, or combined use.
The property fronts Lake Acworth Drive in Acworth. Logan Farm Park, Tanyard Creek Trail, and downtown Acworth are described as walkable or a short drive away. I-75 provides regional access toward Kennesaw, Marietta, Atlanta, and Chattanooga. Lake Acworth and Lake Allatoona are also in the surrounding area.
The property fronts Lake Acworth Drive in Acworth. Logan Farm Park, Tanyard Creek Trail, and downtown Acworth are described as walkable or a short drive away. I-75 provides regional access toward Kennesaw, Marietta, Atlanta, and Chattanooga. Lake Acworth and Lake Allatoona are also in the surrounding area.
Key Highlights
- 1,932‑square‑foot mixed‑use property with MXD CMPLX zoning
- Three bedrooms and two bathrooms
- Concrete driveway with parking for multiple vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,502
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,040
$510.0K
Cap Rate 7%
$364,314
$364.3K
Cap Rate 9%
$283,356
$283.4K
Market Conditions
NOI Build-Up for 1,932 SF
Gross rent
$46.4K $24.00/SF
− Vacancy
−$5.6K −$2.88/SF
EGI
$40.8K $21.12/SF
− OpEx
−$15.3K −$7.92/SF
NOI
$25.5K $13.20/SF
Area
Cherokee County, GA
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,040
Cap Rate 7%
$364,314
Cap Rate 9%
$283,356
Alternative Uses
Best Use
Mixed Use
$364.3K
$318.8K – $425.0K
NOI $25,502 @ 7.0% cap · market cap 6.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$542.5K
$474.7K – $632.9K
NOI $37,975 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
392
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - MXD CMPLX zoning supports a residential and commercial configuration along Lake Acworth Drive.
Where is this mixed-use property located?
The property is located at 5638 Lake Acworth Drive NW Acworth, GA.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 1,932‑square‑foot mixed‑use property with MXD CMPLX zoning; Three bedrooms and two bathrooms; Concrete driveway with parking for multiple vehicles
