101 Bainbridge WayDallas, GA 30132
- Office properties
- 9,504 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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