4690 Highway 52Dahlonega, GA 30533

  • Retail properties
  • 1,300 SF
For Sale
$895,000 View listing

Property Details for 4690 Highway 52

Year built
2005
Construction
STEEL FRAME
Lot size
2.70 AC
Property size (Sq ft)
1,300 SF
Zone code
GC
Property type
Retail properties
Property subtype
Other retail properties
APN
096 085
APU
96085

Description

This exceptional 2.7-acre corner lot at the intersection of Highway 52 in Dahlonega, Georgia, presents a unique investment opportunity. Currently housing a thriving, established barbeque restaurant and farm produce store with a loyal customer base and a reputation for the best BBQ in the area, this property boasts over 10 years of operational history. The high-traffic location sees approximately 10,000 vehicles daily. The property's strategic position is further enhanced by the planned extension of Highway 400, which will directly intersect with Highway 52 at this very location, significantly increasing future value and accessibility. This presents a rare chance to acquire a turnkey business alongside substantial development potential. The existing restaurant provides immediate income while the expansive lot offers diverse possibilities. Consideration could include expansion of the existing business, conversion to a hotel/motel, development of an RV campground, construction of an apartment complex, or various other commercial ventures. The high daily traffic count and prime location make this property an exceptional investment for both short-term income and long-term growth. The property is offered at $895,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $335,371
    6.5%
    $309,574
    7%
    $287,461
  • Comparable approach

    Method
    Valuation
    Relative Method
    $639,017
    Geo Method
    $639,017
  • Alternative Use

    Use
    Valuation
    Residential
    $261,137
    Hospitality
    $239,200
    Educational
    $199,012
    Medical
    $205,856
    Retail
    $309,574
4690 Highway 52, Dahlonega, Georgia

Location Insight

City
Dahlonega
County
Lumpkin
State
Georgia
Latitude
34.5212
Longitude
-83.9149

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
$2,997
$108,000
$19,424
$127,424
-
$270,000
$48,559
$318,559

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