Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    927 Morris St Dalton, GA 30721-3504

    • Office buildings
    • 1,800 SF
    • 0.27 lot acres
    OFF-MARKET
    Last Sale
    Nov 03, 2021
    $270,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-2706511
    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

    • Ravaa gowns LLC / Clothing Store
    • Whitfield Finance Company / Loan Service

    Property Details for 927 Morris St

    Year built
    1973
    Construction
    CONCRETE
    Lot size
    0.27 lot acres
    Property size
    1,800 SF
    Property type
    Office buildings
    APN
    12-218-25-002
    APU
    1221825002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Dalton
    County
    Whitfield
    State
    Georgia
    Longitude
    -84.9542
    Latitude
    34.7689
    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
    $1,259
    $10,200
    $26,360
    $36,560
    -
    $25,500
    $65,900
    $91,400

    Comparable in this City

    • Value Estimation by Request
      800 SF

      203 Martin Luther King Jr Blvd

      OFFICE BUILDING • 800 SF
      203 Martin Luther King Jr Blvd, Dalton, GA 30721-3004
      View Details
    • Value Estimation
      $4,880,000
      38,016 SF

      616 Walnut Ave

      OFFICE BUILDING • 38,016 SF
      616 Walnut Ave, Dalton, GA 30721-4409
      View Details
    • Value Estimation by Request
      1,984 SF

      4181 Old Dixie SE Hwy

      OFFICE BUILDING • 1,984 SF
      4181 Old Dixie SE Hwy, Dalton, GA 30721
      View Details
    • Value Estimation by Request
      837 SF

      1191 Piney Rdg SE Rd

      OFFICE BUILDING • 837 SF
      1191 Piney Rdg SE Rd, Dalton, GA 30721-5921
      View Details
    • Value Estimation by Request
      5,000 SF

      311 Morris St

      OFFICE BUILDING • 5,000 SF
      311 Morris St, Dalton, GA 30721-3306
      View Details
    • Value Estimation by Request
      2,080 SF

      304 Hawthorne St

      OFFICE BUILDING • 2,080 SF
      304 Hawthorne St, Dalton, GA 30721
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,000 SF

      Well-Maintained Office Building on Walnut

      Single-story office building on Walnut Avenue, near downtown Dalton.
      1200 Walnut Ave, Dalton, GA 30721
      View Details
    • $2,100,000

      30,000 SF Multi-Use Office

      Multi-use office facility on 6.24 acres, zoned C-4.
      2738 Underwood Rd Ne, Dalton, GA 30721
      View Details
    • Contact for pricing
      5,000 SF

      DALTON Retail/Office Space Available

      5,000 SF retail/office space in high-visibility Dalton location.
      915 S Hamilton St, Dalton, GA 30721
      View Details
    • Contact for pricing
      1,125 SF

      Retail/Office Space in Dalton, GA

      1,125 sq ft retail/office space in busy shopping center.
      1137 E Walnut Ave, Dalton, GA 30721
      View Details
    • $1,850,000
      1.81 Acres

      Prime Land in Dalton, GA

      Land suitable for restaurant, office, or retail development.
      514 Sheridan Ave, Dalton, GA 30721
      View Details

    Similar Nearby for Lease

    • $12,000 /Mo

      Renovated Flex Space Available

      Customizable flex space with warehouse and office components for rent.
      3457 Chatsworth Rd SE, Dalton, GA 30721
      View Details
    • $800 /Mo

      Office or Retail Space Available

      Office or retail space for rent, approximately 1050 sq ft.
      512 Martin Luther King Jr Blvd, Dalton, GA 30721
      View Details
    • $3 SF/Yr
      165,000 SF

      Dalton Industrial Complex

      165,000 SF Multi-Tenant Facility
      1318 Underwood St, Dalton, GA 30721
      View Details
    • $36,000

      Industrial Building with Trailer Storage

      Well-maintained building with land for trailer storage in Dalton.
      2195 Industrial South Rd, Dalton, GA 30721
      View Details
    • $4 SF/Yr

      Functional Industrial Warehouse in Dalton

      35,000 SF industrial warehouse for lease in Dalton, GA.
      503 11Th Ave, Dalton, GA 30721
      View Details
    • Contact for pricing
      3,312 SF

      Retail Space Sublease Opportunity

      Retail space available for sublease in Dalton, Georgia.
      1247 N Glenwood Ave, Dalton, GA 30721
      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.
    927 Morris St
    Dalton, GA 30721-3504
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!