New Construction
For Sale
$880,000
1606 HICKORY ST Hickory Street, Dalton, GA 30720
Commercial Sale, Dalton, GA
Property Size5,250 SF
Lot Size1.00 Acre
Price / SF$167.62
Days on Market147
Property Features for 1606 HICKORY ST Hickory Street
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Parking features
Parking Lot
Lot features
City Lot, Interior Lot, Level
Directions
From I-75 North take the Rocky Face Exit turn right on US 41/Dalton Bypass then right onto N Thornton Ave right on Chattanooga Road then right onto Hickory St Property will be on the right ( under Construction soon)
Standard status
Active
APN
1216001011
Size
5,250 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1000
Utilities
Utilities
Water Available
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
2026
Building materials
Aluminum Siding, Steel Siding
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Marie Pangle · License #345798
(706) 980-1003
Added: Apr 7
Changed: Aug 20
Last Checked: Aug 31 at 6:06AM
MLS# 10727250
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5,250-square-foot warehouse is planned as a new metal building on a 1-acre parcel in Dalton, Georgia. Aluminum and steel siding are specified, with electric heating and cooling, public water service, and a parking lot. The property is scheduled for completion in September 2026.
The building is located near Hamilton Hospital and less than one mile from I-75, providing convenient access to the interstate. Water is available through the public system, supporting the planned commercial improvements.
The building is located near Hamilton Hospital and less than one mile from I-75, providing convenient access to the interstate. Water is available through the public system, supporting the planned commercial improvements.
Key Highlights
- 5,250‑square‑foot warehouse on a 1‑acre parcel
- New metal building with aluminum and steel siding
- Scheduled completion in September 2026
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,509
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$530,180
$530.2K
Cap Rate 7%
$378,700
$378.7K
Cap Rate 9%
$294,544
$294.5K
Market Conditions
NOI Build-Up for 5,250 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$32.8K $6.24/SF
− Vacancy
−$1.6K −$0.30/SF
EGI
$31.2K $5.94/SF
− OpEx
−$4.7K −$0.89/SF
NOI
$26.5K $5.05/SF
Area
Whitfield County, GA
Vacancy
4.80%
Lease Rate
$6.24 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$530,180
Cap Rate 7%
$378,700
Cap Rate 9%
$294,544
Alternative Uses
Best Use
Warehouse
$378.7K
$331.4K – $441.8K
NOI $26,509 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$838.4K
$733.6K – $978.1K
NOI $58,686 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
868
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30720, GA
27,547
Population
10,731
Households
2.6
Avg Household Size
37
Median Age
29%
College-Educated
77%
High-School Grad
48.6 sq mi
ZIP Area
567
Density / Sq Mi
$65,620
Median Household Income
$38,014
Median Earnings
$965
Median Rent
$225,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Sentry Climate Controlled — 848 Shugart Rd, Dalton, GA 30720
- Rocky Face Self Storage — 1908 Chattanooga Rd, Dalton, GA 30720
- HHC Mini Warehouses — 1612 Chattanooga Rd, Dalton, GA 30720
Frequently Asked Questions
What type of property is this?
Warehouse - Metal building with electric systems, public water, and on-site parking near major regional access.
Where is this warehouse located?
The property is located at 1606 HICKORY ST Hickory Street Dalton, GA.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: 5,250‑square‑foot warehouse on a 1‑acre parcel; New metal building with aluminum and steel siding; Scheduled completion in September 2026
