Storefront Property with Multiple
For Sale
$600,000
501 S Thornton Avenue, Dalton, GA 30720
Commercial Sale, DALTON, GA
Property Size3,303 SF
Lot Size0.48 Acres
Price / SF$181.65
Days on Market760
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 501 S Thornton Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMM LMTD
Elementary school district
12
Middle school district
12
High school district
12
Subdivision
1-Dalton City-West
Standard status
Active
APN
12-238-23-014
Size
3,303 SF
Lot size
0.48 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
4046
Amenities
Detached garage
class enclosed gazebo
Building Details
Floors in Building
2
Listing Agency:
Coldwell Banker Kinard Realty - Dalton · Coldwell Banker Real Estate
(706) 226-5182
Listed By:
Cheryl Burgess
(706) 270-4124
Added: Sep 16, 2024
Changed: Aug 19
Last Checked: Oct 15 at 5:06PM
MLS# 127655
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 3,303-square-foot storefront property occupies 0.48 acres and includes a detached garage and an enclosed gazebo. The building has previously accommodated an antique store, travelers rest, massage and therapy services, and a tea room, providing a documented history of varied commercial use.
Three road frontages provide multiple points for ingress and egress. The property includes 20+ parking spaces, with additional room available for expansion of the parking area. Its combination of a freestanding building, accessory improvements, and established parking supports a range of storefront-oriented commercial applications.
Three road frontages provide multiple points for ingress and egress. The property includes 20+ parking spaces, with additional room available for expansion of the parking area. Its combination of a freestanding building, accessory improvements, and established parking supports a range of storefront-oriented commercial applications.
Key Highlights
- 3,303‑square‑foot storefront property on 0.48 acres
- Three road frontages provide multiple ingress and egress points
- 20+ parking spaces with room for additional parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,071
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,420
$421.4K
Cap Rate 7%
$301,014
$301.0K
Cap Rate 9%
$234,122
$234.1K
Market Conditions
NOI Build-Up for 3,303 SF
Gross rent
$32.9K $9.96/SF
− Vacancy
−$2.8K −$0.85/SF
EGI
$30.1K $9.11/SF
− OpEx
−$9.0K −$2.73/SF
NOI
$21.1K $6.38/SF
Area
Whitfield County, GA
Vacancy
8.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,420
Cap Rate 7%
$301,014
Cap Rate 9%
$234,122
Alternative Uses
Best Use
Retail
$301.0K
$263.4K – $351.2K
NOI $21,071 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$527.5K
$461.5K – $615.4K
NOI $36,922 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,050
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30720, GA
27,547
Population
10,731
Households
2.6
Avg Household Size
37
Median Age
29%
College-Educated
77%
High-School Grad
48.6 sq mi
ZIP Area
567
Density / Sq Mi
$65,620
Median Household Income
$38,014
Median Earnings
$965
Median Rent
$225,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Ruth & Doyle's Florist — 407 N Thornton Ave #3, Dalton, GA 30720
- Special Occasions — 908 N Glenwood Ave, Dalton, GA 30721
Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding commercial property with a detached garage, enclosed gazebo, and parking areas supporting varied business uses.
Where is this storefront property located?
The property is located at 501 S Thornton Avenue Dalton, GA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 3,303‑square‑foot storefront property on 0.48 acres; Three road frontages provide multiple ingress and egress points; 20+ parking spaces with room for additional parking
