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    Property profile & analytics

    1306 S Thornton Ave Dalton, GA 30720

    • Specialty properties
    • 2,734 SF
    • 0.55 lot acres
    For Sale
    View listing
    $1,400,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0915217
    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

    • Whitfield County Schools - Boardroom / School
    • Whitfield Education Foundation / Non-Profit Organization
    • Animal Hospital-Whitfield: German Amanda DVM / Veterinarian
    • Painter Donna Jo DVM / Veterinarian
    • Animal Hospital of Whitfield County / Veterinarian / Animal Hospital

    Property Details for 1306 S Thornton Ave

    Year built
    1978
    Construction
    WOOD
    Lot size
    0.55 lot acres
    Property size
    2,734 SF
    Property type
    Specialty properties
    APN
    12-183-09-000
    APU
    1218309000

    Description

    This exceptional 3.59-acre property at 1306 Thornton Avenue in Dalton, Georgia, presents a unique investment opportunity. The expansive 14,700 square foot building, formerly used as Whitfield County Schools administrative offices, boasts excellent visibility and is zoned R-2, offering a multitude of redevelopment possibilities. Its substantial size and four separate entrances provide significant flexibility for various uses. Imagine transforming this substantial structure into a modern residential complex, perhaps apartments or an assisted living facility, capitalizing on the high demand for housing in the area. The property's location in Dalton, Georgia, within Whitfield County (zip code 30721), offers convenient access to local amenities and transportation routes. The asking price of $595,000 makes this a compelling proposition for investors seeking a high-return project with considerable upside potential. The building's existing infrastructure provides a solid foundation for a variety of adaptive reuse scenarios. Don't miss this chance to acquire a large-scale property with immense potential at an attractive price point. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $280,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $280,000
      RETAIL STORES
      $240,000
      OFFICE BUILDING
      $230,000
      MEDICAL BUILDING
      $170,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Dalton
    County
    Whitfield
    State
    Georgia
    Longitude
    -84.9813
    Latitude
    34.7896
    CBSA code
    19140
    CBSA name
    DALTON, GA METROPOLITAN STATISTICAL AREA

    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
    2023
    $3,768
    $26,565
    $82,824
    $109,389
    -
    $66,413
    $207,059
    $273,472

    Comparable in this City

    • Value Estimation
      $250,000
      0.05 Acres

      Oxford St

      CHARITABLE ORGANIZATION • 0.05 Acres
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      View Details
    • Value Estimation
      $235,000
      1,103 SF

      1104 Trammell St

      CHARITABLE ORGANIZATION • 1,103 SF
      1104 Trammell St, Dalton, GA 30720-8753
      View Details
    • Value Estimation
      $11,200,000
      115,314 SF

      1104 Walston St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 115,314 SF
      1104 Walston St, Dalton, GA 30720-2545
      View Details
    • Value Estimation
      $795,000
      45,500 SF

      711 Hamilton St

      CHARITABLE ORGANIZATION • 45,500 SF
      711 Hamilton St, Dalton, GA 30720-8257
      View Details
    • Value Estimation
      $60,000
      0.47 Acres

      Fawn Dr

      CHARITABLE ORGANIZATION • 0.47 Acres
      Fawn Dr, Dalton, GA 30720
      View Details
    • Value Estimation
      $250,000
      0.18 Acres

      Sparks Ln

      CHARITABLE ORGANIZATION • 0.18 Acres
      Sparks Ln, Dalton, GA 30720
      View Details

    Similar Nearby for Sale

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      First-class multi-use facility suitable for event center, school, or church.
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    1306 S Thornton Ave
    Dalton, GA 30720
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    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
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