Highway Retail Space For
For Sale
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7089 Highway 19 N, Dahlonega, GA 30533
Retail space with potential for shop, cafe, or residential.
Property Size1,367 SF
Price / SF$189.47
Days on Market643
Property Features for 7089 Highway 19 N
General Information
Standard status
Active
Size
1,367 SF
Total Parking Spaces
5
Property subtype
Retail
Building Details
Year Built
1948
Buildings
1
Listing Agency:
Walden & Co Realty
Listed By:
Matthew Sparks
Source:
Crexi
Added: Nov 18, 2024
Changed: Aug 8
Last Checked: Aug 23 at 3:40AM
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 Walden & Co Realty
Investment Insights
Based on property information with market context.
This 1367-square-foot property presents an opportunity for investors. The property has potential as a shop, cafe, short term rental or could be renovated into a residential space. Situated on a corner lot along a scenic route near the R Ranch and Wolf Mountain Vineyards, the property benefits from its location with high daily traffic. This property is a blank slate and can be turned into most anything an investor with vision could dream up. The property is located at 7089 Highway 19 N, Dahlonega, GA 30533.
Key Highlights
- High‑traffic corner lot location on a scenic route, ideal for commercial visibility
- Versatile property suitable for shop, cafe, short‑term rental, or residential conversion
- Blank slate offering endless potential for investors with vision
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
$19,227
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
7.42%
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%
$384,540
$384.5K
Cap Rate 7%
$274,671
$274.7K
Cap Rate 9%
$213,633
$213.6K
Market Conditions
NOI Build-Up for 1,367 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
$30.0K $21.96/SF
− Vacancy
−$2.6K −$1.87/SF
EGI
$27.5K $20.09/SF
− OpEx
−$8.2K −$6.03/SF
NOI
$19.2K $14.07/SF
Area
Lumpkin County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
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%
$384,540
Cap Rate 7%
$274,671
Cap Rate 9%
$213,633
Alternative Uses
Best Use
Retail
$274.7K
$240.3K – $320.5K
NOI $19,227 @ 7.0% cap · market cap 7.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$382.1K
$334.4K – $445.8K
NOI $26,749 @ 7.0% cap · market cap 10.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 30533, GA
26,589
Population
11,047
Households
2.4
Avg Household Size
40
Median Age
31%
College-Educated
88%
High-School Grad
242.9 sq mi
ZIP Area
109
Density / Sq Mi
$70,417
Median Household Income
$31,105
Median Earnings
$1,080
Median Rent
$270,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space with potential for shop, cafe, or residential.
Where is this retail space located?
The property is located at 7089 Highway 19 N Dahlonega, GA.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: High‑traffic corner lot location on a scenic route, ideal for commercial visibility; Versatile property suitable for shop, cafe, short‑term rental, or residential conversion; Blank slate offering endless potential for investors with vision
