Office Building with High
65 Walnut Grove Road, Cartersville, GA 30121
For Sale
$1,500,000
Pending
Commercial Sale, Cartersville, GA
Property Size6,206 SF
Lot Size0.99 Acres
Days on Market643
Property Features for 65 Walnut Grove Road
General Information
Property type
Property subtype
Zoning
Parking
Parking features
Security features
Interior features
Accessibility
Lot features
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Standard status
APN
Size
Lot size
Taxes and HOA fees
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Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
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Heating system
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Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Professional Realty Group
(770) 387-1706
Listed By:
HOWARD SMITH · License GA #159144
(770) 318-1018
Added: Feb 6, 2025
Changed: Nov 4
Last Checked: Nov 10 at 10:06AM
MLS# 7520445
Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 6,206-square-foot office building at 65 Walnut Grove Road features four-sided brick construction, high ceilings, spacious rooms, a reception area, restrooms, and concrete flooring. Built in 2010, the property includes multiple air-conditioning units and zones, central heating, central air, an asphalt roof, and an accessible approach with ramp. Public water and public sewer serve the building, with cable available.
The property occupies 0.99 acres on the west side of Cartersville and provides 38 parking spaces in an on-site lot. Its setting is close to schools, and the building’s office configuration supports a range of professional occupancy needs. O-C zoning is in place.
The property occupies 0.99 acres on the west side of Cartersville and provides 38 parking spaces in an on-site lot. Its setting is close to schools, and the building’s office configuration supports a range of professional occupancy needs. O-C zoning is in place.
Key Highlights
- 6,206‑square‑foot office building on 0.99 acres
- Four‑sided brick construction with high ceilings and large rooms
- 38 parking spaces in an on‑site parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,105
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,662,100
$1.7M
Cap Rate 7%
$1,187,214
$1.2M
Cap Rate 9%
$923,389
$923.4K
Market Conditions
NOI Build-Up for 6,206 SF
Gross rent
$148.1K $23.87/SF
− Vacancy
−$37.3K −$6.02/SF
EGI
$110.8K $17.85/SF
− OpEx
−$27.7K −$4.46/SF
NOI
$83.1K $13.39/SF
Area
Bartow 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 Rate 5%
$1,662,100
Cap Rate 7%
$1,187,214
Cap Rate 9%
$923,389
Alternative Uses
Best Use
Office B
$1.19M
$1.04M – $1.39M
NOI $83,105 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.73M
$1.52M – $2.02M
NOI $121,437 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
242
Businesses Nearby
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Business Placement
Demographics for 30121, GA
25,089
Population
11,175
Households
2.2
Avg Household Size
38
Median Age
24%
College-Educated
91%
High-School Grad
57.7 sq mi
ZIP Area
435
Density / Sq Mi
$77,496
Median Household Income
$43,185
Median Earnings
$1,254
Median Rent
$258,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Brick office property with adaptable rooms, multiple HVAC zones, reception space, and on-site parking.
Where is this office building located?
The property is located at 65 Walnut Grove Road Cartersville, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 6,206‑square‑foot office building on 0.99 acres; Four‑sided brick construction with high ceilings and large rooms; 38 parking spaces in an on‑site parking lot
