Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    407 N Thornton Avenue Dalton, GA 30720

    View on Map
    For Sale
    Contact for pricing

    Commercial - DALTON, GA

    Property size:
    3,200 SF
    Lot size:
    0.91 Acres
    Added:
    Mar 25, 2026
    Days on Market:
    8
    Last Refresh:
    Apr 1 at 6:06 am

    Property Features for 407 N Thornton Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Gen Comm
    Interior features
    Water Heater-Electric
    Exterior features
    Storage Building
    Appliances
    None
    Standard status
    Active
    APN
    12-199-09-008
    Size
    3,200 SF
    Lot size
    0.91 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    5872

    Utilities

    Utilities
    Electricity Available, Water Available
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1978
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Carpet
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    John Morgan
    John Morgan

    Listing agent John Morgan

    Listing office Morgan & Associates Realty, LLC 402 S. Thornton Ave., Dalton, GA

    Listing date Mar 25, 2026

    MLS# 135173 Listing URL

    Copyright © 2026 Carpet Capital Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Dalton, GA

    Located in Dalton, Georgia, this commercial property offers approximately 3200 square feet of retail space. Situated on a 0.91-acre lot, the property is zoned for general commercial use. The space can be divided into 1400 sq ft and 1800 sq ft sections, offering flexibility for tenants requiring smaller areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Advanced Computer & Networking IT Consulting Firm Forensic Psychological Assessments, ... Physician Independent Adjusters Insurance Agency Brock Tax Services Tax Preparation

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Pharmacy Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dalton
    County
    Whitfield
    State
    Georgia
    Longitude
    -84.972346
    Latitude
    34.776598

    Nearby Similar for Sale

    • $400,000
      4,200 SF

      Dalton Industrial Building For Sale

      4,200 SF industrial building on 0.69 acres in Dalton.
      404 SE Callahan Road, DALTON, GA 30721
      View Details
    • $1,099,900
      3,822 SF

      Dalton Commercial Property For Sale

      Two buildings, equipment, and land in high-traffic commercial area.
      712 / 710 Glenwood Avenue, Dalton, GA 30721
      View Details
    • $1,099,900
      3,822 SF

      Dalton Commercial Property For Sale

      Two buildings, equipment, and land suitable for redevelopment or continued use.
      712 N Glenwood Avenue, Dalton, GA 30721
      View Details
    • $575,000
      2,100 SF

      High-Visibility Commercial Opportunity in Dalton

      Prime commercial building on high-traffic corridor, suitable for various uses.
      208 E Walnut Avenue, DALTON, GA 30721
      View Details
    • $3,500
      5,000 SF

      DALTON Retail/Office Space Available

      5,000 SF retail/office space in high-visibility Dalton location.
      915 S Hamilton Street, DALTON, GA 30721
      View Details
    • $3,100
      2,550 SF

      Dalton Retail/Office/Restaurant Space

      2,550 sqft retail/office/restaurant space in high-traffic area.
      1018 N Glenwood Avenue, DALTON, GA 30721
      View Details
    • $1,099,900
      3,822 SF

      Dalton Commercial Property For Sale

      Two buildings, equipment, and land in high-traffic commercial area.
      712/710 Glenwood Avenue, DALTON, GA 30721
      View Details
    • $6,000

      Dalton, GA Warehouse and Office

      Versatile warehouse and office space in established industrial corridor.
      1022 Vista Drive, DALTON, GA 30721
      View Details
    • $899,000
      7,395 SF

      Multifamily Investment Opportunity in Dalton

      Value-add multifamily property with expansion potential in Dalton, Georgia.
      3950 S Dixie Hwy, DALTON, GA 30721
      View Details
    • $1,950

      Dalton Plaza Retail Opportunities

      High-visibility retail center with flexible space options in Dalton, GA.
      2208 Cleveland Hwy, DALTON, GA 30721
      View Details
    • $3,500
      3,300 SF

      Professional Office Space in Dalton

      Office space near downtown Dalton with private offices and conference rooms.
      307 C W Emery Street, DALTON, GA 30720
      View Details
    • $2,600
      2,758 SF

      Charming Commercial Property in Dalton

      Updated historic home ideal for offices, studios, or wellness practices.
      306 N Thornton Avenue, DALTON, GA 30720
      View Details

    FAQs

    What type of property is this?
    Retail space - 3200 sq ft retail space in Dalton, Georgia.
    Where is this retail space located?
    The property is located at 407 N Thornton Avenue Dalton, GA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Approximately 3200 sq ft of space.; Divisible Space: Can be divided into 1400 sq ft and 1800 sq ft units.; Great location in the city of Dalton.
    (706) 260-0445
    We can help!
    Listing Contact
    John Morgan
    John Morgan
    Real Estate License ID: 165728
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!