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 Market688
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: Sep 12
Last Checked: Oct 5 at 4:14PM
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 / Yr
$19,227
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
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
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 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
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Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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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
