459 Cadillac Pkwy Dallas, GA 30157-0907
- Warehouses
- 9,600 SF
- 0.75 lot acres
Current Use by Public Records
- TB Fabrication / Metal Fabricator
- Precision Pressure Washing / Pressure Washing Service / Service Establishment
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 Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,040,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,025,000
- 6.5%
- $1,045,000
- 7%
- $1,070,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,175,000
- Geo Method
- $915,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,155,000
- Retail
- $1,015,000
- Mixed-Use
- $1,070,000
- Hospitality
- $955,000
- Educational
- $1,115,000
- Residential Income
- $1,080,000
- Energy
- $1,335,000
- Income-Based Land
- $1,105,000
- Food Service
- $1,125,000
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