Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    702 Thornton Ave Dalton, GA 30720-8211
    Back to Search
    Property profile & analytics

    702 Thornton Ave, Dalton, GA 30720-8211

    View on Map
    • Office buildings
    • 5,014 SF
    • 0.41 lot acres
    Off-Market
    Last Sale Nov 2, 2023
    $325,000
    Property ID
    US22-4542010
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • S.T.E.P. Studio Inc. / Film Production

    Property Details for 702 Thornton Ave

    Year built
    1986
    Construction
    WOOD
    Lot size
    0.41 lot acres
    Property type
    Office buildings
    APN
    12-237-06-005
    APU
    1223706005

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Dalton
    County
    Whitfield
    State
    Georgia
    Longitude
    -84.972
    Latitude
    34.7628
    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
    $6,557
    $31,994
    $158,394
    $190,388
    -
    $79,985
    $395,985
    $475,970

    Comparable in this City

    • Value Estimation by Request
      5,940 SF

      210 Pentz St

      OFFICE BUILDING
      210 Pentz St, Dalton, GA 30720-4226
      View Details
    • Value Estimation by Request
      650 SF

      1204 Thornton Ave

      OFFICE BUILDING
      1204 Thornton Ave, Dalton, GA 30720-3605
      View Details
    • Value Estimation by Request
      15,356 SF

      1306 Thornton Ave

      OFFICE BUILDING
      1306 Thornton Ave, Dalton, GA 30720-7922
      View Details
    • Value Estimation by Request
      2,736 SF

      415 Thornton Ave

      OFFICE BUILDING
      415 Thornton Ave, Dalton, GA 30720-8285
      View Details
    • Value Estimation
      $7,000,000
      2,496 SF

      2217 Chattanooga Rd

      OFFICE BUILDING
      2217 Chattanooga Rd, Dalton, GA 30720-2964
      View Details
    • Value Estimation by Request
      5,198 SF

      417 Crawford St

      OFFICE BUILDING
      417 Crawford St, Dalton, GA 30720-4267
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,408 SF

      Leased Investment Opportunity Near Courthouse

      Fully leased office building near Whitfield County Courthouse.
      219 W Crawford St, Dalton, GA 30720
      View Details
    • $890,337
      5,408 SF

      Fully Leased Dalton Investment Opportunity

      Leased commercial property near courthouse with strong NOI.
      219 W Crawford St, Dalton, GA 30720
      View Details
    • Contact for pricing
      1,456 SF

      Commercial Space Near Walnut Ave

      Prime commercial space suitable for various businesses in high-traffic area.
      315 W Franklin St, Dalton, GA 30720
      View Details
    • Contact for pricing
      15,212 SF

      Cash Flowing Investment Property

      Investment property with long-term tenant and warehouse space.
      2124 S Hamilton St, Dalton, GA 30720
      View Details
    • $479,000
      3,000 SF

      Commercial Property with Warehouse, Dalton

      2.4 acre commercial property with office, warehouse, and garage.
      2605 S Dixie Hwy, Dalton, GA 30720
      View Details
    • Contact for pricing
      1,000 SF

      Office/Flex Space in Dalton, GA

      Spacious 1,000 sq ft office/flex space for sale.
      103 W Gordon St, Dalton, GA 30720
      View Details

    Similar Nearby for Lease

    • $14,500 /Mo
      32,000 SF

      Dalton, GA Commercial Space

      Well-maintained 32,000 SF office space in a secure location.
      3331 Box Dr, Dalton, GA 30720
      View Details
    • $2,500 /Mo

      Office Suite Near Dalton College

      Second-floor office suite with private offices and reception area.
      800 College St, Dalton, GA 30720
      View Details
    • $2,600 /Mo
      2,758 SF

      Charming Commercial Property in Dalton

      Updated historic home ideal for offices, studios, or wellness practices.
      306 N Thornton Ave, Dalton, GA 30720
      View Details
    • $1,500 /Mo
      2,127 SF

      Office/Warehouse Space in Dalton, GA

      Office and warehouse space available for lease in Dalton.
      2450-7 Abutment Rd, Dalton, GA 30720
      View Details
    • $3,500 /Mo
      5,000 SF

      Dalton Office/Warehouse Space Available

      Move-in ready office and warehouse space for lease.
      409-A N Park Dr, Dalton, GA 30720
      View Details
    • $22 SF/Yr

      Office Space with Mountain Views

      Office space for lease with views and walking path.
      475 Reed Rd NW, Dalton, GA 30720
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    702 Thornton Ave
    Dalton, GA 30720-8211
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    702 Thornton Ave, Dalton, GA, 30720
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!