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    1401 Applewood Dr Dalton, GA 30720-2699
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    Property profile & analytics

    1401 Applewood Dr Dalton, GA 30720-2699


    • Medical Office Space
    • 7,332 SF
    • 0.60 lot acres
    Off-Market
    Last Sale Jan 22, 2020
    $1,080,000
    Property ID
    US22-1913688
    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.

    Value Estimations
    $1,125,000
    Show details
    Cap Rate Potential
    5.2%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Enhanced Family Physio / Physician
    • Whitfield County Human Resources / Crisis Center / Medical Clinic
    • Day Terry L / Counselor
    • Highland Rivers Health / Corporate Office
    • Srinivas Kolipaka / Physician

    Property Details for 1401 Applewood Dr

    Year built
    1970
    Lot size
    0.60 lot acres
    Property size
    7,332 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    12-184-01-051
    APU
    1218401051

    Description

    This exceptional 7,200 square foot medical office building, situated on a 0.6-acre lot in Dalton, Georgia's Hamilton Medical Campus, presents a compelling investment opportunity. Built in 1970 and extensively renovated in 2022, this Class B property boasts six suites, currently 100% occupied by medical providers, offering a strong NOI of $91,724 and a 7.71% cap rate. The asking price is $1,190,000 ($162.30/sq ft). The building features a newly painted exterior, updated suites, ample parking (30 spaces), and convenient access to Hamilton Medical Center, Peeples Cancer Center, and Anna Shaw Children's Institute. Each suite can function independently or be interconnected, providing flexibility for various medical practices. Amenities include a reception and lobby area, storage/records room, treatment rooms, two restrooms, and a breakroom. The property is zoned commercial and operates under a NNN lease structure with rent bumps included. This owner-user investment is ideal for a medical practice seeking a turnkey operation or an investor looking for a high-performing asset in a thriving medical hub. The property's location within the Hamilton Medical Campus ensures high visibility and accessibility for patients and staff.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,205,000
      ML approach
      $1,290,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,045,000
      6.5%
      $965,000
      7%
      $900,000
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $745,000
      RESTAURANT
      $695,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Dalton
    County
    Whitfield
    State
    Georgia
    Longitude
    -84.9878
    Latitude
    34.7883
    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
    $7,260
    $20,000
    $190,773
    $210,773
    -
    $50,000
    $476,932
    $526,932
    More about this property
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