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Convenience Store with Billboard
For Sale
$465,000

208 E Walnut Avenue, Dalton, GA 30721

Commercial Sale, DALTON, GA

Property Size2,100 SF
Lot Size0.27 Acres
Price / SF$221.43
Days on Market315

Property Features for 208 E Walnut Avenue

General Information

Property type Commercial Sale
Property subtype Other
Elementary school district 12
Middle school district 12
High school district 12
Subdivision 1-Dalton City-West
Standard status Active
APN 257-12-19-007
Size 2,100 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3796

Amenities

billboard

Building Details

Year built 1975
Floors in Building 1
Listing Agency: LPT Realty, LLC
Listed By: Natalia Bauman · License #354829
Added: Dec 3, 2025 Changed: Aug 26 Last Checked: Oct 14 at 8:06PM
MLS# 131461

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.

Investment Insights

Based on property information with market context.

This 2,100-square-foot commercial building sits on a 0.27-acre parcel and was built in 1975. The property includes on-site parking, an adaptable interior, and access directly from E Walnut Avenue. The layout is positioned for retail, office, or service-oriented use.

A billboard is located on the property and is included in the sale. The building and operating business may be acquired together or separately, providing two transaction structures for prospective buyers. The property is located in Dalton, Whitfield County, Georgia.

Key Highlights

  • 2,100‑square‑foot building on a 0.27‑acre parcel
  • Billboard included with the sale
  • On‑site parking and access from E Walnut Avenue

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,609
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,180 $412.2K
Cap Rate 7%
$294,414 $294.4K
Cap Rate 9%
$228,989 $229.0K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$29.5K $14.04/SF
− Vacancy
−$2.0K −$0.95/SF
EGI
$27.5K $13.09/SF
− OpEx
−$6.9K −$3.27/SF
NOI
$20.6K $9.81/SF
Area
Whitfield County, GA
Vacancy
6.80%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,180
Cap Rate 7%
$294,414
Cap Rate 9%
$228,989

Alternative Uses

Best Use
Specialty Retail
$294.4K
$257.6K – $343.5K (±1% cap)
NOI $20,609 @ 7.0% cap · market cap 4.43%
Second Best
Retail
$191.4K
$167.5K – $223.3K (±1% cap)
NOI $13,397 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$335.3K
$293.4K – $391.2K (±1% cap)
NOI $23,474 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

KING SMOKE SHOP (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Parking Lot & Garage Veterinary Clinic Locksmith Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby
Under-served
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Food City — 1308 W Walnut Ave, Dalton, GA 30720

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Flexible commercial building with on-site parking and convenient access from Walnut Avenue.
Where is this grocery and convenience store located?
The property is located at 208 E Walnut Avenue Dalton, GA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 2,100‑square‑foot building on a 0.27‑acre parcel; Billboard included with the sale; On‑site parking and access from E Walnut Avenue
More about this property
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