Dawsonville Industrial Facility with
For Sale
$2,850,000
33 Lumpkin Campground Rd S, Dawsonville, GA 30534
Single-tenant industrial facility with warehouse, office space, and yard.
Property Size23,744 SF
Price / SF$120.03
Days on Market275
Property Features for 33 Lumpkin Campground Rd S
General Information
Standard status
Active
Size
23,744 SF
Property subtype
Single-Tenant Industrial + Yard Space
Building Details
Building Size
23,744 SF
Year Built
1982
Listing Agency:
(774) 764-9093
Listed By:
Peter Cullen · License #GA #442661
(774) 764-9093
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 18
Last Checked: Aug 23 at 3:23AM
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 Peter Cullen
Investment Insights
Based on property information with market context.
Located in Dawsonville, Georgia, within Dawson County, this vacant single-tenant industrial facility offers approximately 21,000 square feet of clear-span warehouse space and approximately 2,744 square feet of office/showroom space. The property also includes approximately 2 acres of high-demand yard storage space that can be leased separately. Situated at the intersection of GA Hwy 53 and Lumpkin Campground Road, the location provides access to Metro Atlanta. The property is suited for companies involved in residential or commercial construction in Dawson County, offering ample indoor and outdoor storage space for construction materials. Dual ingress and egress points facilitate truck circulation and operational efficiency. The site is surrounded by development, including residential communities and a newly approved 319,100 square foot industrial park. It is available for immediate use as manufacturing, distribution, flex-space, or automotive-related operations. The current CHB zoning allows for a range of industrial and commercial uses, presenting a redevelopment opportunity. The location is within the Hightower Character Area.
Key Highlights
- Located in Dawson County, the fastest‑growing county in the U.S. in 2024.
- Strategic location with immediate access to Metro Atlanta via GA 400.
- ±2 acres of high‑demand yard storage space with dual access points.**
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
$174,301
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
6.12%
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%
$3,486,020
$3.5M
Cap Rate 7%
$2,490,014
$2.5M
Cap Rate 9%
$1,936,678
$1.9M
Market Conditions
NOI Build-Up for 23,744 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
$225.1K $9.48/SF
− Vacancy
−$20.0K −$0.84/SF
EGI
$205.1K $8.64/SF
− OpEx
−$30.8K −$1.30/SF
NOI
$174.3K $7.34/SF
Area
Dawson County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
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%
$3,486,020
Cap Rate 7%
$2,490,014
Cap Rate 9%
$1,936,678
Alternative Uses
Best Use
Warehouse
$2.49M
$2.18M – $2.91M
NOI $174,301 @ 7.0% cap · market cap 6.12%
Second Best
Industrial
$2.07M
$1.81M – $2.41M
NOI $144,645 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$6.64M
$5.81M – $7.74M
NOI $464,615 @ 7.0% cap · market cap 16.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,057
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30534, GA
30,903
Population
13,394
Households
2.3
Avg Household Size
42
Median Age
33%
College-Educated
90%
High-School Grad
212.9 sq mi
ZIP Area
145
Density / Sq Mi
$88,953
Median Household Income
$45,619
Median Earnings
$1,426
Median Rent
$336,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Xtra Storage — 2930 Grizzle Rd, Dawsonville, GA 30534
- A+ Boat Storage — 268 Elliott Rd, Dawsonville, GA 30534
- United Rentals - Storage Containers and Mobile Offices — 472 W Hightower Dr, Dawsonville, GA 30534
Frequently Asked Questions
What type of property is this?
Warehouse - Single-tenant industrial facility with warehouse, office space, and yard.
Where is this warehouse located?
The property is located at 33 Lumpkin Campground Rd S Dawsonville, GA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Located in Dawson County, the fastest‑growing county in the U.S. in 2024.; Strategic location with immediate access to Metro Atlanta via GA 400.; ±2 acres of high‑demand yard storage space with dual access points.**
