Well-Maintained Office Building on
1200 Walnut Ave, Dalton, GA 30721
Single-story office building on Walnut Avenue, near downtown Dalton.
Type:Office
Property size:
4,000 SFPrice / SF:
$148/SF- Added:
- Sep 16, 2024
- Days on Market:
- 625
- Last Refresh:
- May 12 at 10:03 pm
Property Features for 1200 Walnut Ave
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 2003
Listing agent Jeff Billington License #349209
Listing office Crew Commercial
Listing date Sep 16, 2024
Source Crexi
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
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.
- Well‑maintained interior and recent landscaping.
- Prominent pylon sign for high visibility.
- Metal roof with gutters and four possible entry doors.
Overview
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.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.8k | $15.96 |
| − Vacancy | −$6.7k | −$1.68 |
| EGI | $57.1k | $14.28 |
| − OpEx | −$22.9k | −$5.71 |
| NOI | $34.3k | $8.57 |
4,000 SF · lease $15.96/SF/yr · vacancy 10.50% · expense 40.00%
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 local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Dalton
- County
- Whitfield
- State
- Georgia
- Longitude
- -84.989957
- Latitude
- 34.759605
Nearby Similar for Sale
FAQs
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.
