5959 Highway 53Dawsonville, GA 30534

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 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.

• 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

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