Corner Commercial Land
For Sale
$999,000
436 S Glenwood Avenue, Dalton, GA 30721
Commercial Sale, DALTON, GA
Property Size2,869 SF
Lot Size0.38 Acres
Price / SF$348.20
Days on Market437
Property Features for 436 S Glenwood Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
EMORY
Elementary school district
12
Middle school district
12
High school district
12
Standard status
Active
APN
12-238-17-008
Size
2,869 SF
Lot size
0.38 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
Owner is licensed agent in Georgia
Tax Annual Amount
1488
Legal Description
Owner is licensed agent in Georgia
Building Details
Year built
1930
Floors in Building
2
Listing Agency:
Coldwell Banker Kinard Realty - Dalton · Coldwell Banker Real Estate
(706) 226-5182
Listed By:
Elda Ramirez
(706) 260-7191
Added: Jun 17, 2025
Changed: Aug 19
Last Checked: Aug 27 at 12:06AM
MLS# 130273
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 for-sale property includes two parcels and is presented as a corner commercial opportunity. The parcels are identified as 12-238-17-008 and 12-238-17-007, totaling 0.38 acres, with a listed property size of 2,869 square feet.
The site is located at 436 S Glenwood Avenue in Dalton, GA 30721, in Whitfield County. The property is described as a convenient corner layout and is positioned for uses such as a convenience store, gas station, or pharmacy, among other retail-oriented developments.
Interested parties can review the parcel configuration and size details for feasibility based on their intended concept.
The site is located at 436 S Glenwood Avenue in Dalton, GA 30721, in Whitfield County. The property is described as a convenient corner layout and is positioned for uses such as a convenience store, gas station, or pharmacy, among other retail-oriented developments.
Interested parties can review the parcel configuration and size details for feasibility based on their intended concept.
Key Highlights
- Year built: 1930
- Two‑parcel property for sale (APN .12‑238‑17‑008 and .12‑238‑17‑007)
- Corner property suited for uses such as a convenience store, gas station, or pharmacy
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
$28,156
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
2.82%
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%
$563,120
$563.1K
Cap Rate 7%
$402,229
$402.2K
Cap Rate 9%
$312,844
$312.8K
Market Conditions
NOI Build-Up for 2,869 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
$40.3K $14.04/SF
− Vacancy
−$2.7K −$0.95/SF
EGI
$37.5K $13.09/SF
− OpEx
−$9.4K −$3.27/SF
NOI
$28.2K $9.81/SF
Area
Whitfield County, GA
Vacancy
6.80%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
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%
$563,120
Cap Rate 7%
$402,229
Cap Rate 9%
$312,844
Alternative Uses
Best Use
Specialty Retail
$402.2K
$352.0K – $469.3K
NOI $28,156 @ 7.0% cap · market cap 2.82%
Second Best
Retail
$261.5K
$228.8K – $305.0K
NOI $18,302 @ 7.0% cap · market cap 1.83%
Theoretical Best
Office A
$458.1K
$400.9K – $534.5K
NOI $32,070 @ 7.0% cap · market cap 3.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,606
Businesses Nearby
Well-served
Demand for This Use
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Supermercado Productos Frescos Ruben Diaz — 1100 S Thornton Ave, Dalton, GA 30720
- Carniceria Loa #1 — 1125 Walnut Ave STE E, Dalton, GA 30721
- Carniceria y Taqueria El Milagro — 606 Martin Luther King Jr Blvd, Dalton, GA 30721
- Connor Supermart — 40 w hawthorne st, dalton, ga 30720
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Two-parcel corner offering on S Glenwood Avenue suited for convenience store or gas station development.
Where is this grocery and convenience store located?
The property is located at 436 S Glenwood Avenue Dalton, GA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Year built: 1930; Two‑parcel property for sale (APN .12‑238‑17‑008 and .12‑238‑17‑007); Corner property suited for uses such as a convenience store, gas station, or pharmacy
