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    Retail Strip Center Investment Title is generated by Realmo AI

    3064 Cleveland Hwy, Dalton, GA 30721

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    Retail strip center is 24% occupied, with stated in-place NOI and exposure to approximately 119,400 VPD.

    Type:Retail
    Property size:
    4,975 SF
    Price / SF:
    $90/SF
    Added:
    Jun 8, 2026
    Days on Market:
    20
    Last Refresh:
    Jun 20 at 3:23 am

    Property Features for 3064 Cleveland Hwy

    General Information

    Standard status
    Active
    Size
    4,975 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1970

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    Angie Sarris

    Listing office Bull Realty

    Listing date Jun 8, 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 Bull Realty

    HighLights

    • Retail strip center built in 1970
    • 24% occupied
    • Stated in‑place NOI of $10,560
    • Exposure to approximately 119,400 VPD

    Overview

    This retail strip center offers a storefront-style tenant setup within a compact commercial configuration. The property is described as 24% occupied, with stated in-place NOI of $10,560. As provided, due diligence will be required to confirm current tenant details and lease terms.

    Located at 3064 Cleveland Hwy in Dalton, GA 30721, the center benefits from heavy corridor exposure, with the listing citing approximately 119,400 VPD. The asset falls under the strip mall and retail property categories, positioning it for operators seeking straightforward retail space in an established traffic-driven setting.

    For buyers or brokers evaluating retail purchases, the combination of partial occupancy and the provided in-place income figure can help frame underwriting discussions. The stated vehicle volumes may support retail demand driven by pass-by traffic, while the relatively limited occupancy level suggests the need to review leasing status and re-tenanting considerations during due diligence.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $49.6k $9.96
    − Vacancy −$4.2k −$0.85
    EGI $45.3k $9.11
    − OpEx −$13.6k −$2.73
    NOI $31.7k $6.38
    4,975 SF · lease $9.96/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $453.4K
    $396.7K – $529.0K (±1% cap)
    NOI $31,737 @ 7.0% cap · market cap 7.05%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $794.5K
    $695.2K – $926.9K (±1% cap)
    NOI $55,612 @ 7.0% cap · market cap 12.36%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Spa & Massage Center Dental Office Hair Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Skin Care Clinic Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dalton
    County
    Whitfield
    State
    Georgia
    Longitude
    -84.9427962
    Latitude
    34.8483888

    FAQs

    What type of property is this?
    Strip mall - Retail strip center is 24% occupied, with stated in-place NOI and exposure to approximately 119,400 VPD.
    Where is this strip mall located?
    The property is located at 3064 Cleveland Hwy Dalton, GA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Retail strip center built in 1970; 24% occupied; Stated in‑place NOI of $10,560
    More about this property
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