1008 Ga-293 Cartersville, GA 30120
This exceptional 5-acre agricultural land parcel in Cartersville, Georgia, presents a compelling investment opportunity with significant upside potential. Currently generating a strong net operating income (NOI) of $48,000, resulting in a 10.67% cap rate, this Class C property is listed at $450,000 ($150,000/acre). The property boasts 654 feet of road frontage on a gentle curve, providing excellent visibility for any future development. Currently zoned A-1, the property is ideally situated near the Lake Point Sports Complex and just one block from a public boat launch on Lake Allatoona. Its location offers easy access to major transportation routes and benefits from the recent surge in industrial development in the area, including a nearby Amazon distribution center and the expanding Emerson Industrial Park. The property includes a small creek running along the roadside, adding to its unique character. Currently housing five mobile homes with the potential to add five more, the property offers immediate income generation. The flat terrain is suitable for a variety of uses, including RV or boat storage, aligning with Bartow County's comprehensive land use plan and projected future light industrial zoning. A fast close is preferred, and cash offers are encouraged. This is a rare opportunity to acquire a strategically located property in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.