Gated Flex Property With
New
For Sale
$1,100,000
5724 Highway 53 W, Jasper, GA 30534
Commercial Sale, Jasper, GA
Property Size4,200 SF
Lot Size3.68 Acres
Price / SF$261.90
Days on Market5
Property Features for 5724 Highway 53 W
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
A3
Parking
10
Parking features
Parking Lot
Window features
Storm Window(s)
Interior features
Beamed Ceilings, High Ceilings 10 or Greater, Living Space Available, Restrooms
Lot features
Free Standing
Directions
At Hwy. 515 in Jasper turn onto Hwy 53 West, go about 8.9 miles and property is on the right.
Standard status
Active
APN
032 100 001
Size
4,200 SF
Lot size
3.68 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2753
Utilities
Utilities
Cable Available
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Amenities
security cameras
security gate with license plate reader
compressed air
suspended shop heater
9-ton lift
utility sink
half bath
full bath
kitchenette
wet bar
fire and soundproof insulation
Building Details
Year built
2022
Floors in Building
2
Flooring type
Concrete, Vinyl
Building materials
Metal Siding
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Century 21 Lindsey and Pauley · Century 21 Real Estate
(706) 692-3533
Listed By:
Sandra Jarrett · License #206287
(770) 893-9178
Added: Sep 14
Changed: Sep 16
Last Checked: Sep 18 at 8:06AM
MLS# 7837094
Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,200-square-foot flex property on 3.68 acres combines a two-story shop with adjoining finished office space. The approximately 50-by-42-foot shop includes three insulated 16-foot roll-up doors, compressed air, a suspended shop heater, a 9-ton lift, utility sink, and half bath. The approximately 25-by-42-foot office includes reception and conference areas, multiple offices, a kitchenette, dining or break space, wet bar, restrooms, storage, custom finishes, and extensive electrical and A/V connections. Concrete pads are positioned at the front and rear of the improvements.
Located at 5724 Highway 53 W in Jasper, the property provides wraparound driveway access, a gated entry with license plate reader, 26 security cameras, a parking lot, and public water. A grease trap with power, gas, and compressed air is available for a future wash pad. Metal siding, a metal roof, central heating and air conditioning, and fire and soundproof insulation complete the improvements. Zoning is A3.
Located at 5724 Highway 53 W in Jasper, the property provides wraparound driveway access, a gated entry with license plate reader, 26 security cameras, a parking lot, and public water. A grease trap with power, gas, and compressed air is available for a future wash pad. Metal siding, a metal roof, central heating and air conditioning, and fire and soundproof insulation complete the improvements. Zoning is A3.
Key Highlights
- 3.68‑acre flex property with 4,200 square feet of improvements
- Two‑story shop measures approximately 50 feet wide by 42 feet deep
- Three insulated 16‑foot‑wide roll‑up doors and a 9‑ton lift
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,242
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,124,840
$1.1M
Cap Rate 7%
$803,457
$803.5K
Cap Rate 9%
$624,911
$624.9K
Market Conditions
NOI Build-Up for 4,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$100.3K $23.87/SF
− Vacancy
−$25.3K −$6.02/SF
EGI
$75.0K $17.85/SF
− OpEx
−$18.7K −$4.46/SF
NOI
$56.2K $13.39/SF
Area
Pickens County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,124,840
Cap Rate 7%
$803,457
Cap Rate 9%
$624,911
Alternative Uses
Best Use
Office B
$803.5K
$703.0K – $937.4K
NOI $56,242 @ 7.0% cap · market cap 5.11%
Second Best
Mixed Use
$729.0K
$637.9K – $850.5K
NOI $51,030 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,184 @ 7.0% cap · market cap 7.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30534, GA
30,903
Population
13,394
Households
2.3
Avg Household Size
42
Median Age
33%
College-Educated
90%
High-School Grad
212.9 sq mi
ZIP Area
145
Density / Sq Mi
$88,953
Median Household Income
$45,619
Median Earnings
$1,426
Median Rent
$336,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two-story shop and office improvements support secure, equipment-oriented commercial use with substantial storage and parking areas.
Where is this flex space located?
The property is located at 5724 Highway 53 W Jasper, GA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3.68‑acre flex property with 4,200 square feet of improvements; Two‑story shop measures approximately 50 feet wide by 42 feet deep; Three insulated 16‑foot‑wide roll‑up doors and a 9‑ton lift
