110 Evans Mill Dr -Bldg 500 | 110 Evans Mill Dr
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110 Evans Mill Dr -Bldg 500 110 Evans Mill Dr
6,440 SF 100% Leased Office Building Dallas, GA 30157 $1,200,000 ($186/SF) 6.50% Cap Rate
Investment Highlights
- Easy Access to Dallas Hwy (Hwy 120)
- Can be divided or used as one space
- Excellent interior and exterior condition
Executive Summary
Entire Building in Prime Office Condo Park for owner user or investment off Dallas Hwy (120). Complex consists of 8 buildings and is consistently 100% occupied. Current lease of entire building can transfer or terminate at closing. This building can be subdivided into 4 separate units with minimal modifications, however is currently used as one cohesive unit with seamless transitions/doorways. The subject is along the south side of Evans Mill Drive and the southeast side of First National Drive (private roadway), in Dallas (unincorporated), in the central portion of Paulding County, approximately 1 to 1,.5 miles over the Cobb/Paulding county line. This is just south of Charles Hardy Parkway. Access to Interstate 75 is provided via Highway 120 (a/k/a Charles Hardy Parkway) approximately 13 miles northeast of the subject. Interstate 285 is approximately 16 miles southeast of the subject. Interstate 20 is located about 12 miles south of the subject.Flood zone X. The subject is not in a flood hazard area, per map number 13223C0142C, dated September 29, 2006. Condo association dues paid in 2023 were $1000/month.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
6,440 SF
Building Class
B
Price
$1,200,000
Price Per SF
$186
Cap Rate
6.50%
NOI
$78,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,440 SF
Building FAR
0.02
Lot Size
8.06 AC
Zoning
Office
Parking
25 Spaces
1 of 1
PROPERTY TAXES
| Parcel Number | 066499 | Total Assessment | $44 (2024) |
| Land Assessment | $40 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $4 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
066499
Land Assessment
$40 (2024)
Improvements Assessment
$4 (2024)
Total Assessment
$44 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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110 Evans Mill Dr -Bldg 500 | 110 Evans Mill Dr
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