80 Mountain DrDahlonega, GA 30533

  • Healthcare properties
  • 1,715 SF
For Sale
$725,000 View listing

Property Details for 80 Mountain Dr

Year built
1983
Construction
WOOD
Lot size
0.13 AC
Property size (Sq ft)
1,715 SF
Zone code
1
Property type
Healthcare properties
Property subtype
Medical offices
APN
062A 278
APU
062A278

Description

This exceptional investment opportunity presents a fully leased, 1,715 square foot medical office building situated on a 0.13-acre lot at 80 Mountain Drive, Dahlonega, GA. The property enjoys a prime location just off Historic Downtown Dahlonega, surrounded by other medical facilities and boasting convenient access to Highway 60/South Chestatee Street. The building is currently under a long-term lease with Smile Doctors, a national orthodontic practice, establishing a stable and predictable income stream. This is one of only a few orthodontic offices serving Dahlonega, ensuring consistent demand. Recent renovations have ensured the building is in excellent condition. Dahlonega's rapid growth is further underscored by Lumpkin County's ranking as a top 5 fastest-growing county nationally and number one in Georgia. This thriving community benefits from the presence of the University of North Georgia and a comprehensive K-12 school system. The property's strategic location offers easy access to neighboring towns, including Dawsonville (15 minutes), Gainesville and Cumming (25 minutes), and Atlanta (1 hour), making it an attractive investment for both local and out-of-state buyers. This is a rare chance to acquire a high-performing asset in a dynamic and expanding market. The strong tenant, prime location, and impressive growth trajectory of Dahlonega combine to create a compelling investment proposition.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $300,974
    6.5%
    $277,822
    7%
    $257,978
  • Comparable approach

    Method
    Valuation
    Relative Method
    $334,528
    Geo Method
    $334,528
  • Alternative Use

    Use
    Valuation
    Residential
    $344,500
    Hospitality
    $315,560
    Educational
    $262,542
    Medical
    $271,571
    Retail
    $408,399
80 Mountain Dr, Dahlonega, Georgia

Location Insight

City
Dahlonega
County
Lumpkin
State
Georgia
Latitude
34.525
Longitude
-83.9775

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
$3,313
$40,000
$74,926
$114,926
-
$100,000
$187,314
$287,314

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