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    Property profile & analytics
    OFF-MARKET Estimated value $1,125,000
    Medical Office Space

    1401 Applewood Dr, Dalton, GA 30720-2699

    7,332 SF 0.6 ac lot Built 1970
    Entity Owned ~ Est. High Equity
    Property ID
    US22-1913688
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1970
    Total area 7,332 SF
    Lot 0.6 ac (26,136 SF)
    APN 12-184-01-051
    UPID US22-1913688
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.29M
    CAP Approach CAP
    $965k
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.13M
    Owner & transaction history
    Sigma Investments INC
    Sigma Investments INC
    since 2026
    Last sale
    $1.1M
    4 recorded transactions
    2026
    2020
    $1.1M
    2019
    2015
    $545,761
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $745,000 +62.9%
    Restaurant $695,000 +52.1%
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