214 Memorial DrDallas, GA 30132
- Other commercial real estate
Property Details for 214 Memorial Dr
- Property type
- Other commercial real estate
- Property subtype
- Other land
Description
Exceptional investment opportunity in Dallas, Georgia. This 4-acre fee simple lot, zoned R-20, boasts existing sewer and power connections. Previously utilized as a mobile home site, the land is largely cleared and ideally suited for a high-capacity RV, truck, or boat storage facility. A pro forma analysis projects $25,000 in annual net operating income (NOI), yielding a 22.73% capitalization rate, based on 25 spaces rented at $150 per month. The property's location at 214 E Memorial Dr, Dallas, GA 30132, in Paulding County offers convenient access. An adjacent small office building is available for separate purchase. This cleared gravel lot presents a compelling opportunity for significant return on investment. The property is ready for immediate development, offering a turnkey solution for entrepreneurs seeking a profitable venture in a growing market. Serious inquiries only.
Location Insight
- City
- Dallas
- County
- Paulding
- State
- Georgia
- Latitude
- 33.9254
- Longitude
- -84.8355
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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