101 Bainbridge WayDallas, GA 30132

  • Office properties
  • 9,504 SF
For Sale
$2,100,000 View listing

Property Details for 101 Bainbridge Way

Year built
2004
Lot size
2.31 AC
Property size (Sq ft)
9,504 SF
Property type
Office properties
Property subtype
Other office properties
APN
138.1.3.003.0000
APU
138130030000

Description

This exceptional investment opportunity presents a three-building office complex located at 101 Bainbridge Way, Dallas, Georgia, 30132. The property, built in 2006, encompasses a total of 18,396 square feet, spread across three single-story buildings. Currently, the complex boasts 100% occupancy with four tenants under a net lease agreement. The property features five individual units, providing flexibility for various business needs. The asking price is $2,100,000, representing a compelling price per square foot of $114.16. Investors will appreciate the strong financial performance, reflected in a net operating income (NOI) of $153,500 and a desirable cap rate of 7.31%. This multi-tenant property offers a stable income stream and significant potential for future growth. The property is offered for sale by owner and presents a rare opportunity to acquire a well-maintained, fully leased office complex in a desirable location within Paulding County. The property's location in Dallas, GA provides easy access to major transportation routes and amenities. This is an ideal investment for those seeking a stable, high-yielding commercial property. No tenant credit rating is available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,010,137
    6.5%
    $1,855,512
    7%
    $1,722,975
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,548,106
    Geo Method
    $1,853,850
  • Alternative Use

    Use
    Valuation
    Residential
    $2,300,834
    Hospitality
    $2,107,552
    Educational
    $1,753,458
    Medical
    $1,813,762
    Retail
    $2,727,602
101 Bainbridge Way, Dallas, Georgia

Location Insight

City
Dallas
County
Paulding
State
Georgia
Latitude
33.9157
Longitude
-84.8255
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,639
$46,200
$570,184
$616,384
-
$115,500
$1,425,460
$1,540,960

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