5959 Highway 53Dawsonville, GA 30534
- Office properties
- 7,764 SF
Property Details for 5959 Highway 53
- Year built
- 1997
- Construction
- WOOD
- Lot size
- 1.26 AC
- Property size (Sq ft)
- 7,764 SF
- Zone code
- C-PCD
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 113 147
- APU
- 113147
Description
Hightower Place offers a unique investment opportunity in Dawsonville, Georgia. This two-building medical office complex, totaling 26,500 square feet, sits on a 2.52-acre lot and features three suites across three stories. The property is zoned C-PCD and boasts 149 parking spaces, a significant advantage for patient and staff convenience. While there are no elevators, the building's design is well-suited for medical practices. Currently, 5,850 square feet of space is available, with minimum divisible space starting at 1,550 square feet and a maximum contiguous space of 2,500 square feet. The property's Class C designation reflects its potential for renovation and value enhancement. Built in 1998, the buildings are well-maintained and ready for immediate occupancy. The address is 5959 & 5983 Highway 53 East, Dawsonville, GA 30534, with APN numbers 113 147 and 113 146 in Dawson County. This prime location offers excellent visibility and accessibility, making it an ideal setting for a thriving medical practice or investment portfolio addition. The multiple tenancy structure provides flexibility for various medical specialties or a mix of tenants. This is a rare opportunity to acquire a well-located medical office complex in a growing market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,362,545
- 6.5%
- $1,257,734
- 7%
- $1,167,896
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,514,446
- Geo Method
- $1,514,446
-
Alternative Use
- Use
- Valuation
- Residential
- $1,559,590
- Hospitality
- $1,428,576
- Educational
- $1,188,558
- Medical
- $1,229,435
- Retail
- $1,848,868
Location Insight
- City
- Dawsonville
- County
- Dawson
- State
- Georgia
- Latitude
- 34.3696
- Longitude
- -84.0414
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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