For Sale
$999,990

4529 Cleveland Hwy Cohutta, GA 30710

1.83-acre parcel with leased convenience store.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a 1.83-acre (79,765 sq ft) commercial land parcel in Cohutta, Georgia, ideally situated on Cleveland Highway (GA State Route 71 and North Hills Drive). The property boasts a convenience store currently leased to Gas Express, extending through October 31, 2028, with five additional five-year options. The site includes four gas pumps under a 1,152 sq ft canopy and 2,440 sq ft of retail space, plus a kerosene pump. Utilities are provided by Dalton Utilities (sewer, water, natural gas) and North Georgia EMC (electric). The property features approximately 380' x 233' dimensions and ±309 feet of frontage on the four-lane highway, boasting an annual average daily traffic count of 10,500 vehicles. The site coverage ratio is 31%, and the 2023 property tax was $6,905.17. The property is zoned C-2 by the City of Cohutta, Whitfield County. Note that approximately 33,903 sq ft is within a Special Hazard Flood Zone. The Whitfield County Board of Assessors lists the address as 4541 Cleveland Highway. This prime location offers easy access to Dalton, GA, and Tennessee, providing excellent visibility and accessibility. The asking price reflects a 6.96% capitalization rate. Police and fire services are provided by the City of Cohutta and Whitfield County. The APN is 11-119-01-037.

Highlights

  • 1.83-acre parcel with a convenience store leased to Gas Express.
  • High-traffic location with strong tenant in place.
  • Excellent visibility and accessibility from major thoroughfares.
  • Significant upside potential for future development.
  • Stable income stream from existing lease.

Property Details for 4529 Cleveland Hwy

Property type
Land
Lot Size (sq. ft)
79,715 SF

Location Insight

City
Cohutta
County
Whitfield
State
Georgia
Latitude
34.9285423
Longitude
-84.9451934

FAQs

What type of property is this?
Land - 1.83-acre parcel with leased convenience store.
Where is the land located?
The property is located at 4529 Cleveland Hwy Cohutta, GA.
What is the asking price?
The asking price for this property is $999,990.
What are key features of this property?
This property features: 1.83-acre parcel with a convenience store leased to Gas Express.; High-traffic location with strong tenant in place.; Excellent visibility and accessibility from major thoroughfares.
How can I contact the broker?
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4529 Cleveland Hwy
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