Flex Building with
For Sale
$2,900,000
8900 Knox Bridge Highway, Canton, GA 30114
GC-zoned commercial space combines showroom presentation with warehouse functionality.
Property Size17,200 SF
Lot Size2.95 Acres
Price / SF$168.60
Days on Market207
Property Features for 8900 Knox Bridge Highway
General Information
Standard status
Active
Size
17,200 SF
Lot size
2.95 Acres
Property subtype
General Commercial
Zoning
GC
Site & Location
Traffic Count
17,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
18 ft
Dock-High Doors
1
Taxes and HOA fees
Annual Taxes
$13,261
Amenities
breakroom with kitchen area
restrooms
utility sink
security system
interior/exterior cameras
Central Air
3
Parking.
Paved Driveway, Lot.
2.950000047683716
Building Details
Year Built
2013
Buildings
1
Building Size
17,200 SF
Listing Agency:
Century 21 Crowe Realty
(404) 775-9476
Listed By:
Jennifer Nelson · License #417119
(404) 775-9476
Source:
Xome
Added: Feb 4
Changed: Aug 29
Last Checked: Apr 24 at 8:01AM
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 Century 21 Crowe Realty
Investment Insights
Based on property information with market context.
Built in 2012, this 17,200-square-foot flex property occupies 2.95 acres and combines a customer-facing showroom with warehouse space. The showroom has 10-foot drop ceilings, while the warehouse provides approximately 18-foot ceilings and a 10' x 10' roll-up dock door. Double front entry doors are supplemented by side and rear access points.
Interior features include a breakroom with kitchen area, two restrooms, a utility sink, security system, and interior and exterior cameras. The property is zoned GC and is positioned along Knox Bridge Hwy in Canton, Georgia. The corridor carries approximately 17,000 vehicles per day, providing a defined commercial setting for showroom, warehouse, and flex operations.
Interior features include a breakroom with kitchen area, two restrooms, a utility sink, security system, and interior and exterior cameras. The property is zoned GC and is positioned along Knox Bridge Hwy in Canton, Georgia. The corridor carries approximately 17,000 vehicles per day, providing a defined commercial setting for showroom, warehouse, and flex operations.
Key Highlights
- 17,200 SF heated commercial building on 2.95 acres
- Showroom with 10 ft drop ceilings and warehouse with approximately 18 ft ceilings
- 10' x 10' roll‑up dock door
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
$241,925
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
8.34%
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%
$4,838,500
$4.8M
Cap Rate 7%
$3,456,071
$3.5M
Cap Rate 9%
$2,688,056
$2.7M
Market Conditions
NOI Build-Up for 17,200 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
$377.7K $21.96/SF
− Vacancy
−$32.1K −$1.87/SF
EGI
$345.6K $20.09/SF
− OpEx
−$103.7K −$6.03/SF
NOI
$241.9K $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 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%
$4,838,500
Cap Rate 7%
$3,456,071
Cap Rate 9%
$2,688,056
Alternative Uses
Best Use
Retail
$3.46M
$3.02M – $4.03M
NOI $241,925 @ 7.0% cap · market cap 8.34%
Second Best
Warehouse
$1.80M
$1.58M – $2.10M
NOI $126,262 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$4.83M
$4.23M – $5.63M
NOI $338,083 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
1
Dock-high doors
17,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30114, GA
59,139
Population
22,259
Households
2.7
Avg Household Size
37
Median Age
35%
College-Educated
87%
High-School Grad
95.2 sq mi
ZIP Area
621
Density / Sq Mi
$97,684
Median Household Income
$47,257
Median Earnings
$1,654
Median Rent
$408,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - GC-zoned commercial space combines showroom presentation with warehouse functionality.
Where is this flex space located?
The property is located at 8900 Knox Bridge Highway Canton, GA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 17,200 SF heated commercial building on 2.95 acres; Showroom with 10 ft drop ceilings and warehouse with approximately 18 ft ceilings; 10' x 10' roll‑up dock door
