Cleveland Highway Retail
New
For Sale
$185,000
3052 Cleveland Hwy, Dalton, GA 30721
Commercial Sale, DALTON, GA
Property Size1,200 SF
Lot Size0.17 Acres
Price / SF$154.17
Days on Market3
Property Features for 3052 Cleveland Hwy
General Information
Property type
Commercial Sale
Property subtype
Other
Elementary school district
12
Middle school district
12
High school district
12
Subdivision
4-Whitfield Co-NE
Standard status
Active
APN
12-026-12-000
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2158
Building Details
Floors in Building
1
Listing Agency:
Selling North Georgia Realty
(706) 271-6549
Listed By:
Drew McAllister
(706) 581-9288
Added: Sep 2
Last Checked: Sep 4 at 12:06AM
MLS# 136363
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 retail space is located at 3052 Cleveland Hwy in Dalton, Georgia, within a 0.17-acre commercial parcel. The property is positioned along Cleveland Highway and is presented as a flexible setting for a range of business concepts.
Potential applications identified for the space include retail, professional services, medical or therapy office use, salon or spa operations, fitness, boutique, studio, and mixed-use business activity. Its Dalton location and Cleveland Highway address provide a straightforward setting for an owner-user or commercial operator seeking a compact retail-oriented property.
Potential applications identified for the space include retail, professional services, medical or therapy office use, salon or spa operations, fitness, boutique, studio, and mixed-use business activity. Its Dalton location and Cleveland Highway address provide a straightforward setting for an owner-user or commercial operator seeking a compact retail-oriented property.
Key Highlights
- Retail space at 3052 Cleveland Hwy, Dalton, GA 30721
- Situated on a 0.17‑acre commercial parcel
- Cleveland Highway location
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
$10,285
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
5.56%
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%
$205,700
$205.7K
Cap Rate 7%
$146,929
$146.9K
Cap Rate 9%
$114,278
$114.3K
Market Conditions
NOI Build-Up for 1,200 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
$19.2K $15.96/SF
− Vacancy
−$2.0K −$1.68/SF
EGI
$17.1K $14.28/SF
− OpEx
−$6.9K −$5.71/SF
NOI
$10.3K $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%
$205,700
Cap Rate 7%
$146,929
Cap Rate 9%
$114,278
Alternative Uses
Best Use
Healthcare Medical
$146.9K
$128.6K – $171.4K
NOI $10,285 @ 7.0% cap · market cap 5.56%
Second Best
Office B
$140.8K
$123.2K – $164.3K
NOI $9,856 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$191.6K
$167.7K – $223.6K
NOI $13,414 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Commercial space along Cleveland Highway with potential for retail, office, medical, and service-oriented uses.
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: Retail space at 3052 Cleveland Hwy, Dalton, GA 30721; Situated on a 0.17‑acre commercial parcel; Cleveland Highway location
