Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Two Buildings with Office Space Title is generated by Realmo AI

    1299 Tunnel Hill Varnell Road, Dalton, GA 30721

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Two buildings with office space and available sewer access.

    Type:Special Purpose
    Property size:
    13,200 SF
    Price / SF:
    $34/SF
    Added:
    May 16, 2026
    Days on Market:
    18
    Last Refresh:
    May 17 at 8:49 pm

    Property Features for 1299 Tunnel Hill Varnell Road

    General Information

    Standard status
    Active
    Size
    13,200 SF
    Property subtype
    Special Purpose

    We can help!

    Listing Contact
    John Lofty

    Listing agent John Lofty License #167553

    Listing office Coldwell Banker Commercial Kinard Realty Dalton

    Listing date May 16, 2026

    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 Coldwell Banker Commercial Kinard Realty Dalton

    HighLights

    • Two separate buildings on the property offer flexibility.
    • Both buildings include bathrooms.
    • Buildings have some existing office space.
    • Office space is free‑standing and removable, offering adaptable layouts.
    • Sewer access available at the street.
    • Potential for customization/reconfiguration of interior space.

    Overview

    The property features two separate buildings, each equipped with bathrooms. Some office space is present within the buildings, designed as free-standing units that can be removed or reconfigured according to the needs of the occupant. The total property size is 13,200 square feet. Sewer access is available at the street. Intended use includes flex space, industrial purposes, office units, office spaces, and general commercial real estate activities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Gym & Fitness Center Kitchen & Bath Showroom Car Rental Facility Daycare Center Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Dalton
    County
    Whitfield
    State
    Georgia
    Longitude
    -84.9768449
    Latitude
    34.8845361

    Nearby Similar for Sale

    • $999,900
      3,822 SF

      Dalton Commercial Property with Auto Shop

      Two buildings, equipment, and land in high-traffic commercial area.
      712/710 Glenwood Avenue, DALTON, GA 30721
      View Details
    • $999,900
      3,822 SF

      Dalton Commercial Property For Sale

      Two buildings on 0.74 acres in high-traffic commercial area.
      712 / 710 Glenwood Avenue, Dalton, GA 30721
      View Details
    • $999,900
      3,822 SF

      Dalton Commercial Property For Sale

      Two buildings, equipment, and land suitable for redevelopment or continuation.
      712 N Glenwood Avenue, Dalton, GA 30721
      View Details
    • $737,900
      15,212 SF

      Dalton Commercial Investment Property

      Cash-flowing commercial property in Dalton, GA with long-term tenant.
      2124 S Hamilton Street, DALTON, GA 30721
      View Details
    • $890,337
      5,408 SF

      Fully Leased Dalton Investment Opportunity

      Leased commercial property near courthouse with strong NOI.
      219 W Crawford Street, DALTON, GA 30720
      View Details
    • $1,100,000
      4,750 SF

      Versatile Commercial Property on Cleveland Hwy

      Three buildings on 2.79 acres with high traffic exposure.
      2109 Cleveland Hwy, DALTON, GA 30721
      View Details
    • $750,000
      7,395 SF

      Dalton Multifamily Investment Opportunity

      Value-add multifamily property with expansion potential in Dalton, Georgia.
      3950 S Dixie Hwy, DALTON, GA 30721
      View Details
    • $550,000
      2,100 SF

      High-Visibility Commercial Property in Dalton

      Prime commercial space with high traffic and income potential.
      208 E Walnut Avenue, DALTON, GA 30721
      View Details
    • $400,000
      4,200 SF

      Dalton Light Industrial Building

      4,200 SF industrial building in established Dalton industrial corridor.
      404 SE Callahan Road, DALTON, GA 30721
      View Details
    • $455,000
      13,200 SF

      Commercial Property in Dalton, Georgia

      Two-building commercial property with office space in Dalton, GA.
      1299 Tunnel Hill Varnell Road, DALTON, GA 30721
      View Details
    • $1,099,000
      19,200 SF

      Dalton Office/Warehouse on 2.84 Acres

      Remodeled office and warehouse on 2.84 acres in Dalton.
      3239 S Dixie Hwy, DALTON, GA 30720
      View Details
    • $500,000
      3,108 SF

      Dalton, GA Brick Duplex

      Brick duplex near Hamilton Medical Center, great investment opportunity.
      1414 Walston Avenue, Dalton, GA 30720
      View Details

    FAQs

    What type of property is this?
    Flex space - Two buildings with office space and available sewer access.
    Where is this flex space located?
    The property is located at 1299 Tunnel Hill Varnell Road Dalton, GA.
    What is the asking price?
    The asking price for this property is $455,000.
    What are key features of this property?
    This property features: Two separate buildings on the property offer flexibility.; Both buildings include bathrooms.; Buildings have some existing office space.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    John Lofty
    Real Estate License ID: 167553
    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

    Thank You for Inquiry
    1299 Tunnel Hill Varnell Road, 2895, GA 30721
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!