Four-Suite Medical Office
For Sale
Contact for pricing
1421 ROSS DR, Dalton, GA 30720
Separate suites support owner-user occupancy alongside rental income opportunities.
Property Size8,050 SF
Price / SF$236.02
Days on Market59
Property Features for 1421 ROSS DR
General Information
Standard status
Active
Size
8,050 SF
Class
A
Total Parking Spaces
45
Property subtype
Office, Special Purpose
Zoning
Neighborhood Commercial (C-1)
Additional Details
Office Units
4
Building Details
Year Built
1989
Year Renovated
2000
Buildings
1
Units
4
Tenancy
Multi
Building Size
8,050 SF
Listing Agency:
EXP Commercial
Listed By:
Andrea Nicole · License #363067
(706) 980-3884
Source:
Crexi
Added: Jul 29
Changed: Sep 10
Last Checked: Sep 24 at 9:45AM
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 EXP Commercial
Investment Insights
Based on property information with market context.
This medical office property contains approximately 8,050 square feet arranged across four suites. The configuration can accommodate an owner-user occupying part of the building while generating rental income from the remaining space. The property was built in 1989 and is zoned Neighborhood Commercial (C-1).
The building sits directly across from Anna Shaw Children's Institute and immediately behind Hamilton Medical Center, within Dalton's established healthcare corridor. It offers visibility, ample parking, and access from major roadways. The setting places medical practices near physicians, specialists, outpatient services, and a major regional healthcare system.
The building sits directly across from Anna Shaw Children's Institute and immediately behind Hamilton Medical Center, within Dalton's established healthcare corridor. It offers visibility, ample parking, and access from major roadways. The setting places medical practices near physicians, specialists, outpatient services, and a major regional healthcare system.
Key Highlights
- Approximately 8,050 SF medical office building
- Four separate medical office suites
- Neighborhood Commercial (C‑1) zoning
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
$68,993
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
3.63%
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%
$1,379,860
$1.4M
Cap Rate 7%
$985,614
$985.6K
Cap Rate 9%
$766,589
$766.6K
Market Conditions
NOI Build-Up for 8,050 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
$128.5K $15.96/SF
− Vacancy
−$13.5K −$1.68/SF
EGI
$115.0K $14.28/SF
− OpEx
−$46.0K −$5.71/SF
NOI
$69.0K $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 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%
$1,379,860
Cap Rate 7%
$985,614
Cap Rate 9%
$766,589
Alternative Uses
Best Use
Healthcare Medical
$985.6K
$862.4K – $1.15M
NOI $68,993 @ 7.0% cap · market cap 3.63%
Second Best
Office B
$944.5K
$826.5K – $1.10M
NOI $66,118 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$1.29M
$1.12M – $1.50M
NOI $89,985 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
1,079
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Separate suites support owner-user occupancy alongside rental income opportunities.
Where is this medical office space located?
The property is located at 1421 ROSS DR Dalton, GA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Approximately 8,050 SF medical office building; Four separate medical office suites; Neighborhood Commercial (C‑1) zoning
