Tenant-Occupied Retail
For Sale
$185,000
3052 Cleveland Hwy, Dalton, GA 30721
A tenant currently occupies the property.
Property Size1,152 SF
Price / SF$160.59
Days on Market53
Property Features for 3052 Cleveland Hwy
General Information
Standard status
Active
Size
1,152 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1999
Tenancy
Single
Listing Agency:
Selling North Georgia Realty
Listed By:
Drew McAllister 7062716549
(706) 271-6549
Source:
Searchchattanoogahomesnow
Added: Aug 24
Changed: Oct 1
Last Checked: Oct 14 at 11:28PM
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 Selling North Georgia Realty
Investment Insights
Based on property information with market context.
The retail property is currently occupied by a tenant and was built in 1999. It is located on Cleveland Highway in Dalton, Georgia.
Key Highlights
- Currently occupied by a tenant
- Built in 1999
- Located at 3052 Cleveland Hwy, Dalton, GA 30721
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,349
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$146,980
$147.0K
Cap Rate 7%
$104,986
$105.0K
Cap Rate 9%
$81,656
$81.7K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$11.5K $9.96/SF
− Vacancy
−$975 −$0.85/SF
EGI
$10.5K $9.11/SF
− OpEx
−$3.1K −$2.73/SF
NOI
$7.3K $6.38/SF
Area
Whitfield County, GA
Vacancy
8.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$146,980
Cap Rate 7%
$104,986
Cap Rate 9%
$81,656
Alternative Uses
Best Use
Retail
$105.0K
$91.9K – $122.5K
NOI $7,349 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$184.0K
$161.0K – $214.6K
NOI $12,877 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
41
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - A tenant currently occupies the property.
Where is this retail space located?
The property is located at 3052 Cleveland Hwy Dalton, GA.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Currently occupied by a tenant; Built in 1999; Located at 3052 Cleveland Hwy, Dalton, GA 30721
