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Remodeled Brick Live-Work Space
For Sale
$325,000

8535 Hiram Acworth Highway, Dallas, GA 30157

Commercial Sale, Dallas, GA

Property Size1,450 SF
Lot Size0.50 Acres
Price / SF$224.14
Days on Market52

Property Features for 8535 Hiram Acworth Highway

General Information

Property type Commercial Sale
Property subtype Other
Parking features Parking Lot
Window features Display Window(s)
Lot features Level
Directions From downtown Dallas, take Dallas Acworth Hwy 10 miles north to property on right at Cedarcrest Rd
Standard status Active
APN 5546
Size 1,450 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2940

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1980
Flooring type Laminate, Brick
Building materials Brick
Roof type Composition
Listing Agency: Southern Home Real Estate
Listed By: Windy Gamel · License #259091
Added: Aug 13 Changed: Sep 13 Last Checked: Oct 3 at 7:06PM
MLS# 10825124

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This live-work property includes a remodeled 1,450-square-foot brick building on a 0.5-acre lot. The current interior arrangement provides three bedrooms and two bathrooms, while laminate and brick flooring, central heating, central air, electric systems, a composition roof, and a parking lot are in place. Public water and public sewer serve the property, with cable available.

The site fronts Hiram Acworth Highway in Dallas and sits across from a shopping center containing a supermarket, gas station, and other retail uses. Its existing residential configuration and commercial setting support consideration for office, service-based business, or combined living and working use, subject to applicable approvals.

Key Highlights

  • Remodeled 1,450‑square‑foot brick building
  • 0.5‑acre lot along Hiram Acworth Highway
  • Current layout includes 3 bedrooms and 2 bathrooms

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
$19,417
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
5.97%
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%
$388,340 $388.3K
Cap Rate 7%
$277,386 $277.4K
Cap Rate 9%
$215,744 $215.7K
Market Conditions
NOI Build-Up for 1,450 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
$34.6K $23.87/SF
− Vacancy
−$8.7K −$6.02/SF
EGI
$25.9K $17.85/SF
− OpEx
−$6.5K −$4.46/SF
NOI
$19.4K $13.39/SF
Area
Paulding 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 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%
$388,340
Cap Rate 7%
$277,386
Cap Rate 9%
$215,744

Alternative Uses

Best Use
Office B
$277.4K
$242.7K – $323.6K (±1% cap)
NOI $19,417 @ 7.0% cap · market cap 5.97%
Second Best
Mixed Use
$273.4K
$239.3K – $319.0K (±1% cap)
NOI $19,140 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$407.2K
$356.3K – $475.0K (±1% cap)
NOI $28,501 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Pharmacy Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

207
Businesses Nearby

Demographics for 30157, GA

50,727
Population
18,804
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
91%
High-School Grad
85.1 sq mi
ZIP Area
596
Density / Sq Mi
$93,562
Median Household Income
$50,610
Median Earnings
$1,485
Median Rent
$261,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Flexible property with a remodeled building, residential layout, public utilities, and a paved parking area.
Where is this live-work space located?
The property is located at 8535 Hiram Acworth Highway Dallas, GA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Remodeled 1,450‑square‑foot brick building; 0.5‑acre lot along Hiram Acworth Highway; Current layout includes 3 bedrooms and 2 bathrooms
More about this property
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