8 Riv Dr Cartersville, GA 30120-4105
- Industrial properties
- 62,269 SF
- 3.71 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 8 Riv Dr
- Year built
- 1965
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.71 lot acres
- Property size
- 62,269 SF
- Zone code
- M1
- Property type
- Industrial properties
- APN
- C019-0005-002
- APU
- C0190005002
Description
This exceptional industrial property, located at 8 & 20 River Dr, Cartersville, GA 30120, offers 72,669 square feet of space across two single-story buildings. The property sits on a 4.46-acre lot and features 8 dock-high doors and one drive-in door, providing ample loading capabilities. With a 22-foot ceiling height (in the larger building), the space is well-suited for various manufacturing and warehousing needs. The property is zoned L-1 and boasts masonry construction. Currently, a single tenant occupies the space under an absolute NNN lease with approximately 1.6 years remaining (commencing July 1, 2024, and expiring June 30, 2026), offering a short-term lease in place with a 120-day termination notice. The asking price is $5,995,000, translating to $82.50 per square foot. The land value alone is $89.03 per square foot. This owner/user opportunity is strategically located in the Northwest Atlanta submarket, offering convenient access to Interstate 75 and the broader Atlanta metropolitan area. The area benefits from low vacancy rates and strong market fundamentals, making this a compelling investment. The property is ideal for businesses seeking a well-maintained facility in a thriving industrial district with excellent access to transportation and amenities.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $945,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,156,000
Market price range: $1.16M - $4.20M
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Location Insight
- Map
- Local Demand
- City
- Cartersville
- County
- Bartow
- State
- Georgia
- Longitude
- -84.7963
- Latitude
- 34.1483
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA