459 Cadillac Pkwy Dallas, GA 30157-0907
- Warehouses
- 9,600 SF
- 0.75 lot acres
Feb 12, 2024
Current Use by Public Records
- TB Fabrication / Metal Fabrication Plant / Factory
- Precision Pressure Washing / Landscaping / General Contractor
Property Details for 459 Cadillac Pkwy
- Year built
- 2006
- Lot size
- 0.75 lot acres
- Property size
- 9,600 SF
- Zone code
- G-100
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 148.3.2.008.0000
- APU
- 148320080000
Description
Exceptional investment opportunity in Dallas, GA. This 9,600 square foot industrial property, built in 2006, sits on a 0.75-acre lot and offers a 7.34% cap rate with a current NOI of $124,800. The property is 100% occupied under a NNN lease with an occupancy date of March 1st, 2024. The building features three drive-in doors and 29 parking spaces, providing ample access and convenience. Zoned C2-0, this versatile space is suitable for various commercial uses. Its prime location near US Highway 278 in Paulding County offers excellent accessibility and visibility. The asking price is $1,700,000, translating to $177.08 per square foot. This stabilized investment property presents a strong return on investment with its high occupancy rate and desirable location. The property is classified as Class C and is a single-tenant building. This is a rare opportunity to acquire a well-maintained, high-performing industrial asset in a thriving market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,040,000
- ML approach
- $1,040,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $728,000
- AI Estimate
- $929,000
Market price range: $441k - $1.14MMarket price range: $345k - $1.89M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $815,000 Current use
- COMMERCIAL (GENERAL)
- $1,200,000 Change: +47% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Paulding
- State
- Georgia
- Longitude
- -84.7989
- Latitude
- 33.8967
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA