Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1256 Morrison Moore Pkwy Dahlonega, GA 30533

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Two Buildings, 0.96 Acres, $595,000

    Property Features for 1256 Morrison Moore Pkwy

    General Information

    Property type
    Distribution centers
    Lot Size
    41,818 SF

    Building Details

    Year Built
    2022
    Buildings
    2

    We can help!

    Listing Contact
    Nidia Sanchez
    Nidia Sanchez

    Listing Agency: Virtual Properties Realty.com Listing Agent: Nidia Sanchez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional commercial property in Dahlonega, Georgia, presents a unique investment opportunity. Located at 1256 Morrison Moore Parkway W, this 0.96-acre lot boasts level terrain and ample parking, offering convenient access to the University of North Georgia (UNG) and the vibrant downtown area. The property features two recently constructed metal buildings, one measuring 30ft x 30ft and the other 30ft x 50ft, providing a combined 2,400 square feet of versatile space. The buildings are ideally suited for a variety of uses, including professional office spaces, workshops, or industrial storage. Their adaptable design also allows for the potential conversion into a barndominium, expanding the property's appeal and potential uses. Situated in a prime location, this property represents one of the last available lots near the Dahlonega city center, making it a highly desirable investment. Built in 2022, the buildings are in excellent condition and offer immediate occupancy. The property's zoning and permitted uses should be verified independently. The asking price for this turnkey property is $595,000. This presents a rare chance to acquire a well-located, versatile commercial property in a thriving Georgia community. The property's zip code is 30533, and it is located in Lumpkin County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Vikki's bamboo forest Garden Center

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dahlonega
    County
    Lumpkin - GA
    State
    Georgia
    Longitude
    -83.9993045
    Latitude
    34.5276345

    Nearby Similar for Sale

    • $700,000
      Pending

      Luxurious Home in Dahlonega, Georgia

      Crafted in 2021, this home offers unparalleled living experience.
      114 Choctaw Rdg N, Dahlonega, GA 30533
      View Details
    • $1,590,000
      5,000 SF

      Dahlonega Commercial Building For Sale

      5,000+ sqft commercial building in downtown Dahlonega.
      70a Memorial Dr, Dahlonega, GA 30533
      View Details
    • New
      $615,000
      1.35 Acres

      Renovated Duplex in Dahlonega, GA

      Two renovated homes on a single lot, great investment opportunity.
      375 Deerfield Dr, Dahlonega, GA 30533
      View Details
    • $881,500
      0.52 Acres

      Historic Dahlonega Multifamily Investment Opportunity

      Income-producing property with short-term rental potential near Dahlonega's main square.
      315 Church St, Dahlonega, GA 30533
      View Details
    • $1,750,000
      6,302 SF

      Historic Dahlonega Inn on Main

      Restored 1845 estate in Dahlonega's National Historic District.
      168 West Main St, Dahlonega, GA 30533
      View Details
    • $1,750,000
      0.46 Acres

      Historic Dahlonega Inn on Main

      Restored 1845 estate in Dahlonega's National Historic District.
      168 West Main St, Dahlonega, GA 30533
      View Details
    • Contact for pricing
      5,000 SF

      Industrial Warehouse with Air Conditioning

      5,000 SF industrial warehouse in pristine condition, Dahlonega, GA.
      1245 Old Dahlonega Hwy, Dahlonega, GA 30533
      View Details
    • $2,978,550
      10,080 SF

      Dahlonega Industrial/Flex Space Opportunity

      10,080 SF industrial/flex building on 5 acres near GA-400.
      1972 Red Oak Flats Rd, Dahlonega, GA 30533
      View Details
    • $259,000
      1,362 SF

      Historical Golden Gem

      Mountain View Retail Building w/ living quarters
      7089 Highway 19 North, Dahlonega, GA 30533
      View Details
    • Contact for pricing
      40,000 SF

      Dahlonega Warehouse Property For Sale

      40000 SF warehouse/industrial property in Dahlonega, GA.
      Lumpkin County Pkwy, Dahlonega, GA 30533
      View Details
    • Contact for pricing

      North Georgia Investment Opportunity

      Cash-flowing portfolio with trailers and quadplex on scenic mountain ridge.
      120 Blair Ridge Rd, Dahlonega, GA 30533
      View Details
    • $699,000
      6,400 SF

      Dahlonega Warehouse Investment

      Multi-tenant warehouse, high ROI potential.
      288 Riley Rd, Dahlonega, GA 30533
      View Details

    FAQs

    What type of property is this?
    Distribution center - Two Buildings, 0.96 Acres, $595,000
    Where is this distribution center located?
    The property is located at 1256 Morrison Moore Pkwy Dahlonega, GA.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: 0.96-acre level lot with ample parking in Dahlonega, GA (30533), Lumpkin County.; Two new (2022) metal buildings totaling 2,400 square feet; one 30' x 30', the other 30' x 50'.; Convenient access to University of North Georgia and downtown Dahlonega.
    (770) 495-5050 Call to check price and availability
    Request Owner's contact information
    1256 Morrison Moore Pkwy Dahlonega, GA 30533
    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.
    1256 Morrison Moore Pkwy
    Dahlonega, GA 30533
    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
    1256 Morrison Moore Pkwy Dahlonega, GA 30533
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Nidia Sanchez
    Nidia Sanchez
    Real Estate License ID: 388546
    (770) 495-5050 (706) 973-7939
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!