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    The Largest CRE Database in the US with Over 1 Million Listings

    8726 Jackson Lake Rd Monticello, GA 31064

    Sponsored
    For Sale
    $4,300,000

    COMMERCIAL - Monticello, GA

    Type:Retail
    Property size:
    6,833 SF
    Lot size:
    3.70 Acres
    Days on Market:
    35
    Last Refresh:
    Jan 25 at 2:06 pm

    Property Features for 8726 Jackson Lake Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Security features
    Security
    APN
    031A 001
    Parking features
    Parking Lot, Secured
    Fencing
    Fenced
    Size
    6,833 SF
    Lot size
    3.70 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Central Air, Electric
    Water source
    Public
    Water front
    1

    Building Details

    Year built
    1950
    Flooring type
    Tile, Vinyl
    Additional Structures
    Residence

    We can help!

    Listing Contact
    Michael St. Bernard

    American Realty Professionals of Georgia (855) 399-8721

    Listing agent Michael St. Bernard (855) 399-8721

    Listing date Dec 22, 2025

    MLS# 10653596

    Copyright © 2025 Georgia Multiple Listing Service. 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

    Successful Marina on Jackson Lake

    This is a rare opportunity to purchase a successful marina on Jackson Lake, featuring 1376 feet of waterfront property. The consistent income-producing marina has a Cap rate of 3.755% and includes a full-service waterfront restaurant with a liquor, beer, and wine license, where boaters can dine and watch the sunsets. The recently remodeled restaurant has 98 seats inside and 28 seats on the patio overlooking the water. The property also includes 13 RV waterfront slips, a 6-room waterfront hotel, 45 covered dry docks, 9 covered dock slips, 7 large dock slips, and 8 other dock slips. Additional features include a repair shop, a new 4000-gallon above-ground gasoline tank with 2 gas pumps, a bait and tackle shop, and two homes for rental income. One of the few boat ramps on Jackson Lake is located on this property, along with ample parking and 635 feet of road frontage. Lakeview Marina is fully operational and has a loyal following, generating consistent income from the restaurant, hotel, RV slips, gas, launch fees, and dock rentals. The sale includes the business and name, and a trained staff is in place. There is also potential for additional income with a sandwich and bait shop. The location is 15 minutes from Jackson, 20 minutes from Monticello, and 25 minutes from I-75, providing easy access. The property size is 6833 square feet and the lot size is 3.7 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lakeview Restaurant American Restaurant Martin's Marina Marina

    Suggested Use

    Restaurant Realty agency Dental Office

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

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Jasper
    State
    Georgia
    Longitude
    -83.833561
    Latitude
    33.328348

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    FAQs

    What type of property is this?
    Marina - Profitable marina with restaurant, hotel, and multiple income streams.
    Where is this marina located?
    The property is located at 8726 Jackson Lake Rd Monticello, GA.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: - Consistent income-producing marina with a 3.755% Cap rate, including a full-service waterfront restaurant with liquor, beer & wine license.; - 1376 feet of waterfront property on Jackson Lake, featuring 13 RV waterfront slips, a 6-room waterfront hotel, and multiple dock slips (covered and uncovered).; - Fully operational business with a loyal following and diverse income streams (restaurant, hotel, RV slips, gas, launch fees, dock rentals), including the business and name in the sale.
    (855) 399-8721
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    8726 Jackson Lake Rd Monticello, GA 31064
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    Monticello, GA 31064
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    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
    8726 Jackson Lake Rd Monticello, GA 31064
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    We can help!
    Listing Contact
    Michael St. Bernard
    Real Estate License ID: 385379
    (855) 399-8721
    Learn more
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