214 Memorial Dr Dallas, GA 30132
Exceptional investment opportunity in Dallas, Georgia. This 4-acre fee simple lot, zoned R-20, boasts existing sewer and power connections. Previously utilized as a mobile home site, the land is largely cleared and ideally suited for a high-capacity RV, truck, or boat storage facility. A pro forma analysis projects $25,000 in annual net operating income (NOI), yielding a 22.73% capitalization rate, based on 25 spaces rented at $150 per month. The property's location at 214 E Memorial Dr, Dallas, GA 30132, in Paulding County offers convenient access. An adjacent small office building is available for separate purchase. This cleared gravel lot presents a compelling opportunity for significant return on investment. The property is ready for immediate development, offering a turnkey solution for entrepreneurs seeking a profitable venture in a growing market. Serious inquiries only.
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.