5959 Highway 53Dawsonville, GA 30534

  • Office properties
  • 7,764 SF
For Lease
$12.50/SF/YR View listing

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
5959 Highway 53, Dawsonville, Georgia

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

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
2023
$4,439
$60,480
$208,440
$268,920
-
$151,200
$521,100
$672,300

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