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Property profile & analytics
OFF-MARKET
Manufacturing properties

503 11th Ave Dalton, GA 30721-4214

29,510 SF 1.18 ac lot Built 1959
Entity Owned 2-yr Hold Free & Clear
Property ID
US22-0943087
Property summary
AI-generated overview

This exceptional Dalton, GA industrial property offers a compelling investment opportunity. The 30,000 square foot building, situated on a 1.18-acre lot at 503 11th Ave, Dalton, GA 30721, is fully leased under a triple-net (NNN) lease with a creditworthy tenant. The lease commenced August 12, 2024, and has a remaining term of approximately 9.7 years, expiring August 12, 2034, with 5% annual rent bumps. The property boasts a 7.03% cap rate and a net operating income (NOI) of $123,000, with an asking price of $1,750,000 ($58.33/sq ft). Built in 1959 and zoned M-2, the building features 14' to 16' ceiling heights, five dock-high doors, one drive-in door, and a 1,600 square foot office area. The property includes a wet sprinkler system, six total cranes, and 480-volt, 3-phase electrical service. Its strategic location provides easy access to major transportation routes. This core investment presents a strong return on investment with potential for future growth. The property's single tenancy and long-term lease provide stability and predictable income. This is a rare opportunity to acquire a high-performing industrial asset in a thriving market.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1959
Construction CONCRETE
Total area 29,510 SF
Lot 1.18 ac (51,401 SF)
APN 12-240-03-034
UPID US22-0943087
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
  • Mitchell Machine Works Inc. Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Mhd Real Estate LLC · 2 yrs held
Mhd Real Estate LLC
since 2024
Last sale
$440,000
3 recorded transactions
2025
Price N/A
2024
Price N/A
2018
$440,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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