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    907 N Pierce St Alma, GA 31510

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    Claim this Listing
    For Sale
    $250,000

    LAND - Alma, GA

    Property size:
    10,000 SF
    Lot size:
    0.91 Acres
    Price / SF:
    $25/SF
    Added:
    Aug 10, 2024
    Days on Market:
    633
    Last Refresh:
    May 4 at 12:06 pm

    Property Features for 907 N Pierce St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Size
    10,000 SF
    Lot size
    0.91 Acres

    We can help!

    Listing Contact
    Aaron Alderman
    Aaron Alderman

    Listing agent Aaron Alderman

    Listing office Alderman Realty 1038 W 12th St, Alma, GA

    Listing date Aug 10, 2024

    MLS# 113739 Listing URL

    Copyright © 2026 Douglas Coffee County 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.

    Overview

    Multi-Purpose Commercial Facility in Alma

    This commercial property is a 10,000 sq.ft. facility located off of Highway US-1 in Alma, GA. The property includes a 2-bay mechanic shop of approximately 2800 sq.ft., and an additional 1-bay shop with 13 welding bays, 3 phase capabilities, a ventilation system, a heating source, and a potential paint booth, also approximately 2800 sq.ft. The property also features a sales office or lobby area with central heating and cooling, a foyer/waiting area with office spaces, and 3 restrooms. A large centrally heated and cooled area is situated between the shops, containing multiple rooms suitable for office or meeting spaces. The shops are equipped with propane heating. The property sits on 0.91 acres and has paved parking beside the building. This property is suitable for multiple business operations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    U-Haul Neighborhood Dealer Car Rental Facility

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • Hardy's Auto Service's — 506 townsend ln, alma, ga 31510
    • Yesterday Tire Town — 934 S Pierce St, Alma, GA 31510
    • Burnette Automotive Services — 1152 S Pierce St, Alma, GA 31510
    • JJ and Jay's Tire & Auto Care — 934 S Pierce St, Alma, GA 31510
    • ALMA TIRE & AUTO REPAIR LLC — 937 S Pierce St, Alma, GA 31510

    Location Insight

    • Map
    • Local Demand
    City
    Alma
    County
    Bacon
    State
    Georgia
    Longitude
    -82.460969
    Latitude
    31.549242

    Nearby Similar for Sale

    • $250,000

      Commercial Property in Alma, Georgia

      Versatile commercial property suitable for various business or community uses.
      127 Eastside Industrial Blvd, Alma, GA 31510
      View Details
    • $145,000
      2,400 SF

      Commercial Property For Sale

      Commercial property available for sale in Alma, Georgia.
      135 W 12th Street, Alma, GA 31510
      View Details
    • Contact for pricing
      22,216 SF

      Retail and Office Space Available

      22,216 SqFt retail and office space for sale.
      302 & 306 N Pierce St, Alma, GA 31510
      View Details

    FAQs

    What type of property is this?
    Auto shop - Commercial facility with mechanic shop, welding bays, and office space.
    Where is this auto shop located?
    The property is located at 907 N Pierce St Alma, GA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 10,000 sq.ft. commercial facility located directly off Major Highway US‑1.; Includes a 2‑bay mechanic shop (approx. 2800 sq.ft.) and a 1‑bay shop with 13 welding bays (approx. 2800 sq.ft.).; Welding shop features 3‑phase capabilities, state‑of‑the‑art ventilation, heating, and potential paint booth.
    (912) 337-4736
    We can help!
    Listing Contact
    Aaron Alderman
    Aaron Alderman
    Learn More
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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
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    907 N Pierce St, Alma, GA 31510

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