20/32 Memorial Dr Dahlonega, GA 30533
This exceptional commercial property in Dahlonega, Georgia, presents a unique investment opportunity. Located on a 0.8-acre lot at 20/32 Memorial Drive, this property boasts outstanding visibility and frontage on three major roadways, ensuring high traffic volume. The property includes two existing office buildings, one approximately 1,100 square feet and the other approximately 1,700 square feet, currently leased. These buildings can be utilized as-is or demolished to accommodate new construction. The property's prime corner location offers easy access and exceptional visibility, further enhanced by the recent opening of a new Lumpkin County school across the street. Ample concreted parking is available, accommodating multiple uses. Utilities include city water and sewer, commercial-grade electricity, high-speed internet, and natural gas. The surrounding area features a strong mix of national and local businesses, including Wells Fargo Bank, Chick-fil-A, and Zaxby's, with Walmart and the University of North Georgia in close proximity. Sidewalks and streetlights enhance the property's appeal. This property is priced at $1,250,000 and offers one of the most opportune commercial investment opportunities in North Georgia. Built in 1976, this property is ready for its next chapter.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.