Acworth Retail/Office
6370 Bells Ferry Rd, Acworth, GA 30102
For Sale
Contact for pricing
Excellent location on Bells Ferry Road with high-growth potential.
Property Size1,866 SF
Price / SF$401.93
Days on Market872
Property Features for 6370 Bells Ferry Rd
General Information
Standard status
Size
Property subtype
Zoning
Investment Type
Building Details
Year Built
Listing Agency:
KW Commercial First Atlanta
Listed By:
Charlie Gonzalez · License #361032
(404) 620-0325
Source:
Crexi
Added: Jun 19, 2024
Changed: Nov 2
Last Checked: Nov 6 at 7:46AM
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 KW Commercial First Atlanta
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 property is situated in a prime location along the main thoroughfare of Acworth, Georgia. Bells Ferry Road is undergoing significant growth, with new residential, commercial, and industrial developments. The property benefits from its corner location and frontage on Bells Ferry Road. The building is in good condition. Zoned GC, General Commercial, by Cherokee County, the property allows for various uses, including convenience stores, gas stations, medical offices, senior living facilities, bars, fast-food establishments, and full-service restaurants. A liquor store could be permitted with a special use permit. The property size is 1866 square feet.
Key Highlights
- Excellent location on Bells Ferry Road, a rapidly growing thoroughfare.
- Zoned GC (General Commercial) allowing for diverse business opportunities.
- Corner lot with good frontage on Bells Ferry Road.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,246
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,920
$524.9K
Cap Rate 7%
$374,943
$374.9K
Cap Rate 9%
$291,622
$291.6K
Market Conditions
NOI Build-Up for 1,866 SF
Gross rent
$41.0K $21.96/SF
− Vacancy
−$3.5K −$1.87/SF
EGI
$37.5K $20.09/SF
− OpEx
−$11.2K −$6.03/SF
NOI
$26.2K $14.07/SF
Area
Cherokee County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,920
Cap Rate 7%
$374,943
Cap Rate 9%
$291,622
Alternative Uses
Best Use
Retail
$374.9K
$328.1K – $437.4K
NOI $26,246 @ 7.0% cap · market cap 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$524.0K
$458.5K – $611.3K
NOI $36,678 @ 7.0% cap · market cap 4.89%
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
306
Businesses Nearby
153k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 68%
Shops & Services 25%
Groceries 8%
Walmart
Superstores
103,345 visits/mo
0.5 miles
Dollar Tree
Shops & Services
22,932 visits/mo
0.5 miles
Lidl
Groceries
11,952 visits/mo
0.3 miles
Valero Energy
Shops & Services
6,486 visits/mo
0.4 miles
Exxon
Shops & Services
5,651 visits/mo
0.4 miles
Demographics for 30102, GA
43,463
Population
16,144
Households
2.7
Avg Household Size
37
Median Age
33%
College-Educated
91%
High-School Grad
31.4 sq mi
ZIP Area
1,384
Density / Sq Mi
$91,673
Median Household Income
$45,667
Median Earnings
$1,444
Median Rent
$292,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail properties & Spaces in Cherokee County, GA
Properties on Market for Retail properties & Spaces in Cherokee County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail property - Excellent location on Bells Ferry Road with high-growth potential.
Where is this retail property located?
The property is located at 6370 Bells Ferry Rd Acworth, GA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Excellent location on Bells Ferry Road, a rapidly growing thoroughfare.; Zoned GC (General Commercial) allowing for diverse business opportunities.; Corner lot with good frontage on Bells Ferry Road.
