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Property profile & analytics
OFF-MARKET Estimated value $1,845,000
Warehouses

1318 Underwood St Dalton, GA 30721-3701

145,382 SF 6.5 ac lot Built 1959
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US22-2710148
Property summary
AI-generated overview

This versatile Dalton, Georgia industrial complex, located just four miles from I-75, offers 165,000 square feet of space available for lease. The single-building property, built in 1959 and classified as Class C, sits on a 7.2-acre lot and is zoned M-2. The facility boasts nine dock-high doors and one drive-in door, providing ample loading and unloading capabilities. Three-phase power is available throughout the building, which also features a sprinkler system. The property is divisible, with a minimum leasable space of 34,650 square feet and a maximum contiguous space of 165,000 square feet, making it suitable for a variety of manufacturing, warehouse, distribution, flex, or R&D uses. The entire 165,000 square feet is currently vacant and available for immediate occupancy. The property's Assessed Property Number (APN) is 12-202-15-000. This presents a unique opportunity for businesses seeking a large, well-equipped industrial space in a convenient location. The property's layout allows for single or multi-tenant occupancy, offering flexibility to suit diverse operational needs.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1959
Total area 145,382 SF
Lot 6.5 ac (283,140 SF)
APN 12-202-15-000
UPID US22-2710148
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Madison Industries Inc Carpet & Flooring Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.05M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.85M
Owner & transaction history
Mhd Real Estate LLC · 1 yrs held
Mhd Real Estate LLC
since 2025
Last sale
$1.8M
3 recorded transactions
2025
$2.6M
2023
Price N/A
2023
$1.8M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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