Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    348 Old Tate Mill Rd Jasper, GA 30143

    Sponsored
    For Sale
    $259,000

    Commercial - Jasper, GA

    Property size:
    1,676 SF
    Lot size:
    0.90 Acres
    Days on Market:
    6
    Last Refresh:
    Jan 20 at 8:06 am

    Property Features for 348 Old Tate Mill Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    043B 098
    Interior features
    Ceiling Fan(s)
    Size
    1,676 SF
    Lot size
    0.90 Acres

    Utilities

    Heating system
    Central, Propane (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1940
    Floors in Building
    1
    Building materials
    Frame
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Salone Griffin

    CENTURY 21 LINDSEY & PAULEY (706) 692-3533

    Listing agent Salone Griffin (706) 692-3533

    Listing date Jan 15, 2026

    MLS# 420205 Listing URL

    Copyright © 2026 Northeast Georgia Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Jasper Commercial Land with Home

    Located within the city limits of Jasper, Georgia, this property features a historic home situated on nearly one acre of land. Zoned commercial, the property presents both residential and commercial opportunities. The home includes approximately 1,700 square feet of heated space. Public water and sewer services are connected. The property is currently tenant occupied, and a minimum of 24 hours' notice is required for showings. The home requires some TLC and is being sold as-is, offering location advantages.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Gym & Fitness Garden Center Computer & Electronic Repair

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jasper
    County
    Pickens
    State
    Georgia
    Longitude
    -84.3817303
    Latitude
    34.4694302

    Nearby Similar for Sale

    • New
      $3,250,000
      5,500 SF

      Award-Winning Winery and Lodge Destination

      Premier North Georgia destination: winery, lodge, vineyard on 13+ acres.
      253 Happy Trail Way, Jasper, GA 30143
      View Details
    • New
      $3,250,000
      5,500 SF

      Award-Winning Winery and Lodge Destination

      Premier North Georgia destination: winery, lodge, vineyard, and event venue.
      253 Happy Trail Way, Jasper, GA 30143
      View Details
    • New
      $3,250,000
      5,500 SF

      Award-Winning Winery and Lodge Destination

      Premier North Georgia winery and bed and breakfast destination for sale.
      253 Happy Trail Way, Jasper, GA 30143
      View Details
    • $2,390,000
      12.00 Acres

      Award-Winning Winery in Jasper, Georgia

      Turnkey winery with established brand, loyal customer base, and steady cashflow.
      299 Happy Trail Way, Jasper, GA 30143
      View Details
    • $2,390,000
      12.00 Acres

      Profitable Winery with Vineyard Views

      Turnkey winery on 12 acres in North Georgia.
      299 Happy Trail Way, Jasper, GA 30143
      View Details
    • $2,390,000
      12.00 Acres

      Award-Winning Winery in Jasper, GA

      Turnkey winery with vineyard, event space, and lodging potential.
      299 Happy Trail Way, Jasper, GA 30143
      View Details
    • $2,390,000
      12.00 Acres

      Award-Winning Winery with Vineyard Views

      Turnkey winery with vineyard, event space, and lodging potential.
      299 Happy Trail Way, Jasper, GA 30143
      View Details
    • $2,390,000
      12.00 Acres

      Award-Winning Winery on 12 Acres

      Turnkey winery with lodging and event space in Jasper, GA.
      299 Happy Trail Way, Jasper, GA 30143
      View Details
    • $1,199,000
      0.47 Acres

      Luxury Mountain Estate in Jasper

      Renovated mountain estate with investment potential near Atlanta.
      297 Fairview Ct, Jasper, GA 30143
      View Details
    • $2,650,000
      11,885 SF

      Versatile Lodge on Scenic Acres

      Unique commercial property with event space and natural beauty.
      230 Old Mill White Ext, Jasper, GA 30143
      View Details
    • $1,395,000
      156.14 Acres

      Jasper Acreage with Mountain Views

      156 acres in North Georgia with home and barns.
      1350 Stivers Rd, Jasper, GA 30143
      View Details
    • Contact for pricing
      1,578 SF

      Downtown Jasper Office Space

      Prime commercial office space in downtown Jasper, Georgia.
      37 Court St, Jasper, GA 30143
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with historic home in Jasper, Georgia.
    Where is this commercial land located?
    The property is located at 348 Old Tate Mill Rd Jasper, GA.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: - Prime Location: Situated within Jasper city limits on nearly one acre.; - Commercial Zoning: Offers excellent residential or commercial potential.; - Sizeable Interior: Approximately 1,700 heated square feet.
    (770) 377-5034
    Request Owner's contact information
    348 Old Tate Mill Rd Jasper, GA 30143
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    348 Old Tate Mill Rd
    Jasper, GA 30143
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    348 Old Tate Mill Rd Jasper, GA 30143
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Salone Griffin
    Real Estate License ID: 374564
    (770) 377-5034
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.