Industrial Warehouse with Fenced
New
For Sale
Contact for pricing
70 Industrial Drive, Cartersville, GA 30120
M1-zoned facility supports warehousing, manufacturing, and distribution operations.
Property Size150,000 SF
Lot Size9.24 Acres
Price / SF$80
Days on Market6
Property Features for 70 Industrial Drive
General Information
Standard status
Active
Size
150,000 SF
Class
C
Lot size
9.24 Acres
Property subtype
Industrial
Zoning
M1
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
19 ft
Office Build-Out
4,500 SF
Dock-High Doors
9
Drive-In Doors
1
Column Spacing
50 x 32 ft
Heavy Power
Yes
Sprinkler System
Yes
Building Details
Year Built
1960
Buildings
1
Building Size
150,000 SF
Listing Agency:
Marcus & Millichap - Atlanta
Listed By:
Jeremy Glore · License #410635
Source:
Crexi
Added: Aug 5
Changed: Aug 9
Last Checked: Aug 9 at 12:28PM
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 Marcus & Millichap - Atlanta
Investment Insights
Based on property information with market context.
This ±150,000-square-foot industrial warehouse occupies ±9.24 acres and was built in 1960. The rectangular building offers 16'–19' clear heights, 50' x 32' column spacing, nine dock-high doors, and one grade-level drive-in door. Heavy power, full fire sprinklers, and approximately 4,500 square feet of finished front-office space support a range of industrial operations. A fenced yard provides room for trailer staging and outdoor storage, with an additional fenced storage lot on the west side leased through 2029.
The property is in Cartersville, Georgia, near I-75 and US-41, with access to the Southeast logistics network and regional markets including metro Atlanta and Chattanooga. M1 zoning accommodates warehousing, manufacturing, and distribution uses. The building may be delivered vacant at closing or conveyed with a partial sale-leaseback in place.
The property is in Cartersville, Georgia, near I-75 and US-41, with access to the Southeast logistics network and regional markets including metro Atlanta and Chattanooga. M1 zoning accommodates warehousing, manufacturing, and distribution uses. The building may be delivered vacant at closing or conveyed with a partial sale-leaseback in place.
Key Highlights
- ±150,000 square feet on ±9.24 acres
- Nine (9) dock‑high doors and one (1) grade‑level drive‑in door
- 16'–19' clear heights with 50' x 32' column spacing
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
$1,101,126
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
9.18%
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%
$22,022,520
$22.0M
Cap Rate 7%
$15,730,371
$15.7M
Cap Rate 9%
$12,234,733
$12.2M
Market Conditions
NOI Build-Up for 150,000 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
$1.42M $9.48/SF
− Vacancy
−$126.6K −$0.84/SF
EGI
$1.30M $8.64/SF
− OpEx
−$194.3K −$1.30/SF
NOI
$1.10M $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%
$22,022,520
Cap Rate 7%
$15,730,371
Cap Rate 9%
$12,234,733
Alternative Uses
Best Use
Office B
$28.70M
$25.11M – $33.48M
NOI $2,008,661 @ 7.0% cap · market cap 16.74%
Second Best
Warehouse
$15.73M
$13.76M – $18.35M
NOI $1,101,126 @ 7.0% cap · market cap 9.18%
Theoretical Best
Office A
$42.12M
$36.86M – $49.14M
NOI $2,948,400 @ 7.0% cap · market cap 24.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
19 ft
Clear height
9
Dock-high doors
1
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
287
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - M1-zoned facility supports warehousing, manufacturing, and distribution operations.
Where is this warehouse located?
The property is located at 70 Industrial Drive Cartersville, GA.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: ±150,000 square feet on ±9.24 acres; Nine (9) dock‑high doors and one (1) grade‑level drive‑in door; 16'–19' clear heights with 50' x 32' column spacing
