Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Dawsonville Commercial Land Opportunity Title is generated by Realmo AI

    386 Allen Street, Dawsonville, GA 30534

    View on Map
    Claim this Listing
    For Sale
    $449,900

    Commercial - Dawsonville, GA

    Property size:
    1,428 SF
    Lot size:
    0.54 Acres
    Price / SF:
    $315/SF
    Added:
    May 18, 2026
    Days on Market:
    8
    Last Refresh:
    May 25 at 10:06 pm

    Property Features for 386 Allen Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    1,428 SF
    Lot size
    0.54 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1982
    Flooring type
    Carpet, Vinyl
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Porter Williams Team
    Porter Williams Team

    Listing agent Porter Williams Team

    Listing office Gainesville Office 500 Jesse Jewell Parkway SE, Suite 300, Gainesville, GA

    Listing date May 18, 2026

    MLS# 10766915 Listing URL

    Copyright © 2026 Berkshire Hathaway HomeServices Georgia Properties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Investment opportunity in Dawsonville's transformative future development plan.
    • Walking distance to proposed 17‑acre pedestrian‑friendly area with dining, shopping, and recreation.
    • Potential for economic vitality from bistros, boutiques, and outdoor dining.
    • Located in growth‑bound Dawsonville, the northern tip of metro Atlanta.
    • Property includes central heating and central air conditioning.
    • Metal roof.

    Overview

    This 0.54-acre commercial land is located in Dawsonville, Georgia. The property is situated within walking distance of a planned 17-acre pedestrian-friendly development merging the historic town square with City Hall and the Main Street Park. The comprehensive plan includes dining, shopping, recreation, and living spaces. Potential features of the development include bistros, boutiques, coffee shops, restaurants with outdoor dining, green spaces, and a race-themed playground. This property offers potential possibilities for investment in the growth-bound city of Dawsonville, located at the northern tip of metro Atlanta and the southern gateway to the Appalachian Mountains. The property has 1428 square feet of space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Dawsonville
    County
    Dawson
    State
    Georgia
    Longitude
    -84.107569
    Latitude
    34.418904

    Nearby Similar for Sale

    • $1,200,000
      3,808 SF

      Craftsman Home in Lake Community

      Beautifully maintained home in Chestatee, a premier lake and golf community.
      55 Night Fire Court, Dawsonville, GA 30534
      View Details
    • $750,000

      Dawsonville Land For Sale

      Cleared and graded land with road frontage in Dawsonville, GA.
      Nix Bridge Road, Dawsonville, GA 30534
      View Details
    • $485,000
      2,880 SF

      Dawsonville Mixed-Use Redevelopment Opportunity

      Commercial potential in a high-growth area near downtown Dawsonville.
      416 Highway 9 S, Dawsonville, GA 30534
      View Details
    • $750,000

      Dawsonville Land For Sale

      4.7 acre commercial land with road frontage in Dawsonville, GA.
      Nix Bridge Road, Dawsonville, GA 30534
      View Details
    • $449,900

      Land in Dawsonville Future Development

      Land near planned development with dining, shopping, recreation, and living.
      386 Allen Street, Dawsonville, GA 30534
      View Details
    • $625,000

      39.81 Acres Prime Dawsonville Land

      39.81 acres ideal for multi-family or commercial development.
      Dawsonville Highway, Dawsonville, GA 30506
      View Details
    • $4,300,000
      7,500 SF

      Picturesque Estate on 40 Acres

      Private estate with custom residence, barn, and landscaped grounds.
      1892 Blacks Mill Road, Dawsonville, GA 30534
      View Details
    • $425,000

      Land in North Georgia Foothills

      5.01 acre land parcel in scenic North Georgia foothills.
      Anderson Lake RD, Dawsonville, GA 30534
      View Details
    • $2,000,000

      Highway 53 Land Opportunity

      Prime 4-acre parcel on Highway 53 in Dawsonville, GA.
      3828 Highway 53 E, Dawsonville, GA 30534
      View Details
    • $675,000

      Dawsonville Commercial Land Opportunity

      5.99 acres of commercial land near GA-400.
      Auraria Road, Dawsonville, GA 30534
      View Details
    • $2,322,500

      39.81 Acres Prime Dawsonville Land

      39.81 acres ideal for multi-family or commercial development.
      6280 Dawsonville Highway, Dawsonville, GA 30534
      View Details
    • $2,322,500

      39.81 Acres Assemblage on Hwy 53

      39.81 acres ideal for multi-family estate or commercial venture.
      6280 Dawsonville Highway, Dawsonville, GA 30534
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime commercial land in Dawsonville near future development.
    Where is this commercial land located?
    The property is located at 386 Allen Street Dawsonville, GA.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: Investment opportunity in Dawsonville's transformative future development plan.; Walking distance to proposed 17‑acre pedestrian‑friendly area with dining, shopping, and recreation.; Potential for economic vitality from bistros, boutiques, and outdoor dining.
    (678) 769-5960
    We can help!
    Listing Contact
    Porter Williams Team
    Porter Williams Team
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    386 Allen Street, Dawsonville, GA 30534
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!