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Property profile & analytics
OFF-MARKET
Estimated value
$7,995,000
Medical Office Space
1506 Thornton Ave Dalton, GA 30720-8515
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1213974
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1993
Total area
9,800 SF
Lot
1.11 ac (48,352 SF)
Zoning code
C-1
APN
12-160-55-000
UPID
US22-1213974
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
-
Southeastern Retina Associates: Dr Breazeale, Dr DeCroos, Dr Shah, Dr Ghodasra Ophthalmologist
-
Martin D. Bowling, RPH Pharmacy
-
Chattanooga Allergy Clinic Medical Clinic
-
Dr. Ujwal Siddamreddy Physician
-
Jason M. Farris, LPC Counselor Doctor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.00M
Owner & transaction history
Chestnut Dalton Mob LLC · 3 yrs held
Chestnut Dalton Mob LLC
since 2022
Last sale
$8.1M
2 recorded transactions
Zoning & alternative use
C-1 · Dalton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is established to provide for limited retail activities and personal or professional services designed to serve the convenience needs of nearby neighborhoods
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
180.75 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dalton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dalton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$7,705,000
ML approach
$8,080,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.00M
Range $7.20M – $8.79M · ±10% · vs last sale $8.10M (Oct 6 2022)
Last sale anchor
$8.10M
Oct 6 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$816 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,329
Tax year 2023
Assessed value
$357,966
Assessed 2023
Previous assessed
$357,966
+0.0% YoY
Effective rate
3.44%
On assessed value
Assessed land
$48,356
Assessed improvement
$309,610
Land market value
$120,890
Improvement market value
$774,026
Total market value
$894,916
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1993
Heating
YES
Cooling
YES
Total area
9,800 SF
Lot
1.11 ac (48,352 SF)
Zoning code
C-1
APN
12-160-55-000
UPID
US22-1213974
Jurisdiction
WHITFIELD
Zoning & alternative use
C-1 · Dalton, GAZoning C-1 · permitted uses
C-1 · Dalton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is established to provide for limited retail activities and personal or professional services designed to serve the convenience needs of nearby neighborhoods
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
180.75 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1993
Heating
YES
Cooling
Yes
Lot
1.11 ac
Current owner
From public records · entity-resolved
Chestnut Dalton Mob LLC
Entity
Free & Clear · 3 yrs held
Mailing address
832 GEORGIA AVE, CHATTANOOGA, TN 37402-2207
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2022
$8,100,000
Chestnut Dalton Mob LLC
Church Family Limited Partnership
Limited Warranty Deed
—
Oct 6, 2022
—
Chestnut Dalton Mob LLC
Church Family Limited Partnership
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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