1379 Newsome Gap RdRising Fawn, GA 30738
- Office properties
- 5,712 SF
Property Details for 1379 Newsome Gap Rd
- Year built
- 2008
- Construction
- CONCRETE
- Lot size
- 13.67 AC
- Property size (Sq ft)
- 5,712 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 030 00 051 17
- APU
- 300005117
Description
This expansive 59,432+/- square foot building sits on 13.67 acres in Dade County, Georgia, just 30 miles from Chattanooga and less than 3 miles from I-59. Boasting 5,712+/- square feet of finished interior space, including 5 restrooms, a shower, laundry room, kitchen, 11 offices, a large conference room, wet bar, and storage, this property presents numerous possibilities. The substantial arena space features 6 restrooms, 62 stables, 2 wash stands, and tack rooms, measuring approximately 115'10" x 230' between columns. The building also includes ample parking, 14 RV power hookups, and a partially fenced area suitable for horses. Large drive-in doors (18' wide x 13'6" high and 30' wide x 13'6" high) offer versatile access. The property is served by county water and power and features 1,870.5 feet of road frontage on Newsome Gap Road. A new survey was completed in 2021. The property is vacant and zoned "None" in unincorporated Dade County, allowing for diverse redevelopment options, including self-storage, industrial warehouse, or retail space. All measurements are approximate and should be verified by the buyer. This unique property offers significant potential for a variety of uses. Asking price: $1,150,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,208,113
- 6.5%
- $1,115,181
- 7%
- $1,035,525
-
Comparable approach
- Method
- Valuation
- Relative Method
- $930,428
- Geo Method
- $1,114,183
-
Alternative Use
- Use
- Valuation
- Residential
- $1,382,825
- Hospitality
- $1,266,660
- Educational
- $1,053,846
- Medical
- $1,090,090
- Retail
- $1,639,316
Location Insight
- City
- Rising Fawn
- County
- Dade
- State
- Georgia
- Latitude
- 34.7639
- Longitude
- -85.5073
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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