Building Details

Building Size 1,320 SF

Year Built 1922

Buildings 2

Abandoned No

Listing Agency: Mallory Realty Company, Inc. Show Phone

Listed By: Paul S Mallory Show Phone

Source: Connersmithrealty

Added: Nov 11, 2025 Changed: Oct 29 Last Checked: Oct 29 at 9:22PM

Report an Issue

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 Mallory Realty Company, Inc.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 1,320-square-foot office property was built in 1922 and is arranged with a client waiting area, two offices, a secretary work area, a kitchen, one full bathroom, and a large conference room. A detached garage provides additional enclosed space, currently used for storage, with room to park one car. The property is zoned C3-Commercial and is presently used as a law office.

In Hamilton, the building occupies a corner site directly across from the Harris County Courthouse. Its location and existing room configuration provide a defined office setting with both on-site workspace and separate garage storage.

Key Highlights

• 1,320‑square‑foot office property
• Across the street from the Harris County Courthouse in Hamilton
• Corner location

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$15,528

Cap Rate

5.36%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$310,560 $310.6K

Cap Rate 7%

$221,829 $221.8K

Cap Rate 9%

$172,533 $172.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,320 SF

Gross rent

$22.3K $16.92/SF

− Vacancy

−$1.6K −$1.24/SF

EGI

$20.7K $15.68/SF

− OpEx

−$5.2K −$3.92/SF

NOI

$15.5K $11.76/SF

Area

Harris County, GA

Vacancy

7.30%

Lease Rate

$16.92 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$310,560

Cap Rate 7%

$221,829

Cap Rate 9%

$172,533

Alternative Uses

Best Use

Office B

$221.8K

$194.1K – $258.8K (±1% cap)

NOI $15,528 @ 7.0% cap · market cap 5.36%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$295.4K

$258.4K – $344.6K (±1% cap)

NOI $20,675 @ 7.0% cap · market cap 7.14%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Allisa's New Image ... Hair Salon Janice D. Mallory, ... Law Firm Simply Wellness Alternative Medicine Practice

Suggested Use

Top Pick HVAC Service Auto Repair Shop Furniture & Home Goods Pharmacy Kitchen & Bath Showroom Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

154

Businesses Nearby

Explore this area Business Placement

Demographics for 31811, GA

6,274

Population

2,297

Households

2.7

Avg Household Size

40

Median Age

34%

College-Educated

92%

High-School Grad

130.8 sq mi

ZIP Area

48

Density / Sq Mi

$91,290

Median Household Income

$41,865

Median Earnings

$1,028

Median Rent

$266,400

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Similar For Sale Nearby

See more

Multi-Tenant Downtown Office Building

159 South College Street, Hamilton, GA 31811

$515,000

4,411 SF

View details

New Construction Showroom

102 S College Street, Hamilton, GA 31811

$650,000

2,382 SF

View details

Hamilton, GA Land with Views

Mountain Drive, Hamilton, GA 31811

$275,000

3.03 Acres

View details

Frequently Asked Questions

What type of property is this?

Office building - The office layout includes a conference room, client waiting area, and separate garage space.

Where is this office building located?

The property is located at 102 Barnes Mill Road Hamilton, GA.

What is the asking price?

The asking price for this property is $289,500.

What are key features of this property?

This property features: 1,320‑square‑foot office property; Across the street from the Harris County Courthouse in Hamilton; Corner location