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    Property profile & analytics

    288 Riley Rd Dahlonega, GA 30533

    • Commercial real estate
    • 8,000 SF
    • 0.73 lot acres
    For Sale
    View listing
    $699,000
    Value Estimation
    Location Intelligence
    Property ID
    US22-2490569
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dahlonega Same Day Storage / Self-Storage Facility
    • U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency

    Property Details for 288 Riley Rd

    Year built
    1972
    Construction
    STEEL FRAME
    Lot size
    0.73 lot acres
    Property size
    8,000 SF
    Zone code
    B2
    Property type
    Commercial real estate
    APN
    D12 050
    APU
    D12050

    Description

    Exceptional value-add opportunity awaits with this three-building warehouse complex located at 288 Riley Road, Dahlonega, GA 30533. This 6,400 square foot property sits on a 0.64-acre lot and boasts a current NOI of $50,000, translating to a 7.15% cap rate. However, with a pro-forma NOI of $84,000, the potential cap rate jumps to an impressive 12.02%. Currently 65% occupied, this multi-tenant warehouse presents significant upside potential for increased occupancy and revenue. Built in 2010, the property benefits from its prime location near the University of North Georgia and downtown Dahlonega, ensuring high visibility and convenient access. The property includes a self-storage facility with 55 units and U-Haul rentals, providing diversified income streams. Its proximity to the Lumpkin County Courthouse and the recently opened Whataburger further enhances its desirability. This net-lease property offers a compelling investment opportunity in a thriving Georgia market. The property's strategic location and potential for increased profitability make it an ideal addition to any commercial real estate portfolio. Don't miss this chance to acquire a well-positioned asset with substantial growth potential.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $355,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $215,000
      7%
      $250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $215,000
      Retail
      $275,000
      Mixed-Use
      $235,000
      Hospitality
      $250,000
      Educational
      $210,000
      Residential Income
      $215,000
      Energy
      $275,000
      Income-Based Land
      $280,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Dahlonega
    County
    Lumpkin
    State
    Georgia
    Longitude
    -83.977
    Latitude
    34.5286

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,102
    $87,600
    $89,390
    $176,990
    -
    $219,000
    $223,476
    $442,476

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    288 Riley Rd
    Dahlonega, GA 30533
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    Realmo Value Estimation

    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.

    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.

    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
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