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Property profile & analytics
OFF-MARKET Estimated value $4,610,000
Strip malls

49 Hosiery Ml Rd Dallas, GA 30157-1687

12,761 SF 3.61 ac lot Built 2006
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US22-2113985
Property summary
AI-generated overview

River Pointe Commons, located at 49 Hosiery Mill Rd in Dallas, Georgia (zip code 30157), offers exceptional retail space in a thriving neighborhood center. This single-story, 22,665 square foot building, constructed in 2006 and renovated in 2016, boasts 11 suites with a minimum divisible space of 1,410 square feet and a maximum contiguous space of 2,820 square feet. Currently, 4,230 square feet is available for lease. The property features 120 parking spaces and is zoned B1. Its high-visibility location off E. Paulding Drive in the Dallas/New Hope area ensures excellent foot traffic. The center benefits from a strong tenant base, with many businesses having occupied their spaces for nearly a decade, including a dental practice, pizza restaurant, urgent care facility, nail salon, tax preparation service, grooming salon, and an animal hospital. Two available units have already been combined and successfully operated as a CrossFit gym, making this a turnkey opportunity for a fitness-related business. A generous tenant improvement allowance and rent abatement are available to qualified tenants. This property presents a unique chance to establish or expand a business in a well-established and successful retail center.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Total area 12,761 SF
Lot 3.61 ac (157,252 SF)
Zoning code B1
APN 106.1.2.050.0000
UPID US22-2113985
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
  • Farmers Insurance - Brent Wheeling Insurance Agency
  • Evan Blake Salon Hair Salon Nail Salon
  • Johnny's New York Style Pizza Restaurant
  • Sydney Jackson - New Hope Animal Hospital - GA Veterinary Clinic
  • Laura Mackey - New Hope Animal Hospital - GA Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.37M
CAP Approach CAP
$3.16M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.61M
Owner & transaction history
Pgp River Pointe 1 LLC · 3 yrs held
Pgp River Pointe 1 LLC
since 2022
Last sale
$4.9M
4 recorded transactions
2022
$4.9M
2017
Price N/A
2015
$2.6M
1969
Price N/A
Zoning & alternative use
B1 · Dallas, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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