Well-Maintained Office Building on
For Sale
Contact for pricing
1200 Walnut Ave, Dalton, GA 30721
Single-story office building on Walnut Avenue, near downtown Dalton.
Property Size4,000 SF
Price / SF$148.88
Days on Market761
Property Features for 1200 Walnut Ave
General Information
Standard status
Active
Size
4,000 SF
Class
B
Property subtype
Office
Zoning
MU
Building Details
Year Built
2003
Buildings
1
Stories
1
Units
4
Listing Agency:
Crew Commercial
Listed By:
Jeff Billington · License #349209
(423) 664-1900
Source:
Crexi
Added: Sep 16, 2024
Changed: Oct 1
Last Checked: Oct 14 at 9:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crew Commercial
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Investment Insights
Based on property information with market context.
The property at 1200 Walnut Avenue is a well-maintained, stand-alone, single-story office building. Located on Walnut Avenue, it is situated minutes from downtown Dalton, Georgia, and Interstate 75. The building has a total area of 4,000 square feet and can be adapted for multiple purposes. It can be divided into four separate suites, as was its original design, or used as a medical office, which was its most recent use. The property includes a tall pylon sign and ample parking in front, beside, and behind the building. The building features a well-maintained interior, a metal roof with gutters, recent landscaping, four possible entry doors, and building light.
Key Highlights
- High‑traffic location on Walnut Avenue, near downtown Dalton, GA and I‑75.
- Versatile 4,000 sq ft building suitable for multiple uses.
- Ample parking available in front, beside, and behind the building.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,282
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,640
$685.6K
Cap Rate 7%
$489,743
$489.7K
Cap Rate 9%
$380,911
$380.9K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$63.8K $15.96/SF
− Vacancy
−$6.7K −$1.68/SF
EGI
$57.1K $14.28/SF
− OpEx
−$22.9K −$5.71/SF
NOI
$34.3K $8.57/SF
Area
Whitfield County, GA
Vacancy
10.50%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,640
Cap Rate 7%
$489,743
Cap Rate 9%
$380,911
Alternative Uses
Best Use
Healthcare Medical
$489.7K
$428.5K – $571.4K
NOI $34,282 @ 7.0% cap · market cap 5.76%
Second Best
Office B
$469.3K
$410.7K – $547.6K
NOI $32,854 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$638.8K
$558.9K – $745.2K
NOI $44,713 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Explore this area
Business Placement
Demographics for 30721, GA
53,432
Population
19,866
Households
2.7
Avg Household Size
34
Median Age
12%
College-Educated
70%
High-School Grad
126.8 sq mi
ZIP Area
421
Density / Sq Mi
$57,749
Median Household Income
$33,029
Median Earnings
$898
Median Rent
$172,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Single-story office building on Walnut Avenue, near downtown Dalton.
Where is this office building located?
The property is located at 1200 Walnut Ave Dalton, GA.
What is the asking price?
The asking price for this property is $595,500.
What are key features of this property?
This property features: High‑traffic location on Walnut Avenue, near downtown Dalton, GA and I‑75.; Versatile 4,000 sq ft building suitable for multiple uses.; Ample parking available in front, beside, and behind the building.
