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    291 Merchants Dr Dallas, GA 30132

    Sponsored
    For Sale
    $699,900

    C-1 Zoned, 1.21 Acres, Existing Building

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.21-acre commercial lot presents a rare investment opportunity in Dallas, Georgia. Strategically located on a highly visible, signaled corner, the property boasts 250 feet of road frontage on Merchants Drive, including a convenient turn lane, and an additional 225 feet of frontage on Hwy 61/Nathan Dean Blvd. The property's C-1 zoning allows for a wide range of commercial uses, including but not limited to car washes, auto lots, daycare centers, retail establishments, drive-through restaurants, and office spaces. The average daily traffic count on this bustling corner is a significant 18,400 vehicles. An existing 1,136 square foot building is currently utilized as office space, featuring three individual offices, a fully equipped kitchen, and a full bathroom. This versatile structure could be repurposed or renovated to suit a new owner's needs. Note that due to the property's adjacency to a Paulding County School, businesses selling alcohol are not permitted. Built in 1941, this property offers a blend of established infrastructure and significant development potential. The substantial lot size and prime location make this an ideal investment for entrepreneurs and developers seeking a high-impact commercial presence in a thriving community. The property is situated in Paulding County, Georgia, with a zip code of 30132.

    Property Features for 291 Merchants Dr

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    52,708 SF

    Building Details

    Year Built
    1941
    Buildings
    1

    HighLights

    • $699,900 asking price for a retail/office property.
    • 1.21‑acre lot zoned C‑1 Commercial in Dallas, GA.
    • 1941‑built, 1,136 sq ft building with three offices, kitchen, and bath.
    • High‑traffic corner location with 250' frontage on Merchants Drive and 225' on Hwy 61/Nathan Dean Blvd; 18,400 ADT.
    • Suitable for various uses including retail, restaurant, office, or daycare (no alcohol sales permitted due to adjacency to school).
    Property Profile Location Intelligence

    Current Use by Public Records

    ATLANTA WEST CARS Used Car Dealer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Paulding - GA
    State
    Georgia
    Longitude
    -84.8291273
    Latitude
    33.9182296

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    FAQs

    What type of property is this?
    Office Property / Space - C-1 Zoned, 1.21 Acres, Existing Building
    Where is this office property / space located?
    The property is located at 291 Merchants Dr Dallas, GA.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: $699,900 asking price for a retail/office property.; 1.21-acre lot zoned C-1 Commercial in Dallas, GA.; 1941-built, 1,136 sq ft building with three offices, kitchen, and bath.
    Request Owner's contact information
    291 Merchants Dr Dallas, GA 30132
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    Dallas, GA 30132
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    291 Merchants Dr Dallas, GA 30132
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