Rincon Commercial Property for
100 Karima Circle Rincon, GA 31326
100 Karima Circle, Rincon, GA, 31326
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For Sale
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28,600 sqft commercial property in Rincon, Georgia.
Property Size28,600 SF
Price / SF$174.83
Days on Market58
Property Features for 100 Karima Circle
General Information
- Standard status
- Active
- Size
- 28,600 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2008
Listing Agency
Marcus & Millichap - Charleston
Listed by
Ryan Lipomi · License #SC 118061
Source
Crexi
Added: May 21 Checked: Jul 17 at 2:17 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Charleston
Investment Insights
Based on property information with market context.
This commercial property, located in Rincon, Georgia, offers 28,600 square feet of space. The property is suitable for retail and residential income purposes.
Key Highlights
- 28,600 sqft commercial property offers significant space.
- Located in Rincon, Georgia.
- Property was built in 2008.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $497.6k | $17.40 |
| − Vacancy | −$33.8k | −$1.18 |
| EGI | $463.8k | $16.22 |
| − OpEx | −$139.1k | −$4.87 |
| NOI | $324.7k | $11.35 |
28,600 SF · lease $17.40/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.64M
$4.06M – $5.41M
NOI $324,660 @ 7.0% cap · market cap 6.49%
Second Best
Apartment 5plus
$4.02M
$3.52M – $4.69M
NOI $281,220 @ 7.0% cap · market cap 5.62%
Theoretical Best
Warehouse
$26.73M
$23.39M – $31.18M
NOI $1,870,999 @ 7.0% cap · market cap 37.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Carlisle Village
Townhouse Complex
Similar For Sale Nearby
FAQs
What type of property is this?
Retail property - 28,600 sqft commercial property in Rincon, Georgia.
Where is this retail property located?
The property is located at 100 Karima Circle Rincon, GA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 28,600 sqft commercial property offers significant space.; Located in Rincon, Georgia.; Property was built in 2008.
