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Property profile & analytics

617 3Rd Ave Chatsworth, GA 30705

  • Office buildings
  • 768 SF
  • 4.04 lot acres
Value Estimation
Last Sale
Apr 17, 2025
$625,000
Location Intelligence
Property ID
US22-1945518
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

  • Office buildings

Property Details for 617 3Rd Ave

Year built
2009
Lot size
4.04 lot acres
Property size
768 SF
Zone code
CH
Property type
Office buildings
APN
0049B 268
APU
0049B268

Description

This exceptional 4.04-acre commercial property in Chatsworth, Georgia, presents a remarkable investment opportunity for developers and entrepreneurs. Strategically located between Highway 411 and South 4th Avenue, this vacant land boasts a prime location with high visibility and significant daily traffic counts ranging from 12,000 to 15,000 vehicles, according to the Department of Transportation. The property's advantageous position is further enhanced by its proximity to an established hotel and a gas station, ensuring high foot traffic and potential synergy with complementary businesses. The site itself is level and features gravel footing, simplifying development. Existing improvements include a small office building constructed in 2009 and a 40' x 288' pole barn, offering immediate utility or potential redevelopment options. City sewer access is available along Highway 411, streamlining infrastructure connections. A recent survey has been completed, with property corners clearly marked. The property's 768 square feet of existing building space, combined with the expansive acreage, allows for a wide range of development possibilities, including but not limited to gas stations, RV parks, additional hotels, storage facilities, or other commercial ventures. Its convenient location near Dalton and Calhoun, with Chattanooga less than 45 miles away, provides easy access to a larger regional market. This is a rare opportunity to acquire a well-situated, ready-to-develop commercial parcel in a thriving area. Priced at $750,000.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $520,000
  • CAP approach

    CAP return
    Estimation
    6%
    $645,000
    6.5%
    $625,000
    7%
    $655,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $640,000
    Geo Method
    $580,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $620,000
    Retail
    $645,000
    Mixed-Use
    $715,000
    Hospitality
    $660,000
    Educational
    $575,000
    Residential Income
    $645,000
    Energy
    $600,000
    Income-Based Land
    $660,000
    Food Service
    $655,000

Location Insight

  • Map
  • Local Demand
City
Chatsworth
County
Murray
State
Georgia
Longitude
-84.7703
Latitude
34.7583
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
2024
$3,809
$140,760
$21,200
$161,960
-
$351,900
$53,000
$404,900
More about this property
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