49 Hosiery Mill RdDallas, GA 30157

  • Retail properties
  • 12,761 SF
For Lease

Property Details for 49 Hosiery Mill Rd

Year built
2006
Lot size
3.61 AC
Property size (Sq ft)
12,761 SF
Zone code
B1
Property type
Retail properties
Property subtype
Strip malls
APN
106.1.2.050.0000
APU
106120500000

Description

River Pointe Commons, located at 49 Hosiery Mill Rd in Dallas, Georgia (zip code 30157), offers exceptional retail space in a thriving neighborhood center. This single-story, 22,665 square foot building, constructed in 2006 and renovated in 2016, boasts 11 suites with a minimum divisible space of 1,410 square feet and a maximum contiguous space of 2,820 square feet. Currently, 4,230 square feet is available for lease. The property features 120 parking spaces and is zoned B1. Its high-visibility location off E. Paulding Drive in the Dallas/New Hope area ensures excellent foot traffic. The center benefits from a strong tenant base, with many businesses having occupied their spaces for nearly a decade, including a dental practice, pizza restaurant, urgent care facility, nail salon, tax preparation service, grooming salon, and an animal hospital. Two available units have already been combined and successfully operated as a CrossFit gym, making this a turnkey opportunity for a fitness-related business. A generous tenant improvement allowance and rent abatement are available to qualified tenants. This property presents a unique chance to establish or expand a business in a well-established and successful retail center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,967,540
    6.5%
    $3,662,345
    7%
    $3,400,749
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,238,170
    Geo Method
    $6,272,685
  • Alternative Use

    Use
    Valuation
    Residential
    $3,089,325
    Hospitality
    $2,829,805
    Educational
    $2,354,365
    Medical
    $2,435,335
    Retail
    $3,662,345
49 Hosiery Mill Rd, Dallas, Georgia

Location Insight

City
Dallas
County
Paulding
State
Georgia
Latitude
33.9559
Longitude
-84.7868
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
$39,649
$377,400
$1,143,480
$1,520,880
-
$943,500
$2,858,700
$3,802,200

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