4690 Highway 52Dahlonega, GA 30533

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

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.

• 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

Location Insight

City

Dahlonega

County

Lumpkin

State

Georgia

Latitude

34.5212

Longitude

-83.9149

Property Tax & Assessments

FAQs

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