Property summary
This fee-simple commercial property in Dallas, GA, presents a compelling investment opportunity. Located at 216 E Memorial Dr, this Class B office building boasts 1,500 square feet of space, currently 100% occupied, generating a $28,800 net operating income (NOI) and a 9.60% cap rate. The asking price is $300,000, translating to $200 per square foot. The property is zoned C-2 and sits on a 0.3-acre lot, with a potential additional approximately 0.1 acre gravel lot available behind the… building. Recent renovations include a new roof and a sleek Hardie Plank exterior. The interior features a large front showroom, a conference room, two offices, a full bathroom, and ample storage space, including a walk-in cooler that could be repurposed. Ample parking is available on-site. The property enjoys high visibility, situated on a road with 25,000 cars passing daily, and is conveniently located near restaurants and shops. The sale includes a leaseback option. This property is ideal for a variety of businesses, including those needing office space and additional storage for equipment. A survey is on file. The location is poised for further development with a new roundabout planned for 2027 by the Department of Transportation. Over 100 feet of road frontage provides excellent visibility. The property offers a small patio area for outdoor use. Potential rental income is estimated at $3,500-$4,000 per month.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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