Building Details

Year built 2021

Building materials Brick, Frame, Glass

Listing Agency: Coldwell Banker Kennon & Parker · Coldwell Banker Real Estate d***@coldwellbanker.com Show Phone

Listed By: Morgan J Marlowe Show Phone

Added: Jun 1 Changed: Oct 24 Last Checked: Nov 1 at 12:06AM

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MLS# 10786267

Copyright © 2026 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.

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Investment Insights

Based on property information with market context.

Located at 102 S College Street in Hamilton, this 2,382-square-foot storefront property was completed in 2021. The building uses brick, frame, and glass construction and includes a conference room within its commercial interior. Its current builder’s showroom configuration can be adapted for other business purposes, subject to applicable requirements.

The 0.09-acre property includes a parking lot, central heating, central air, public water, and public sewer. Nearby civic and community destinations include the Harris County Courthouse, Harris County School District Central Office, Mercer Medicine, UGA Extension Office, Sheriff’s office, schools, recreation facilities, and the library. The 13.5-mile Man O’War walking trail is also in the surrounding area.

Key Highlights

• 2,382 SF storefront property on a 0.09‑acre lot
• Completed in 2021 with brick, frame, and glass construction
• Current builder’s showroom layout includes a dedicated conference room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$29,014

Cap Rate

4.46%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$580,280 $580.3K

Cap Rate 7%

$414,486 $414.5K

Cap Rate 9%

$322,378 $322.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,382 SF

Gross rent

$43.4K $18.24/SF

− Vacancy

−$2.0K −$0.84/SF

EGI

$41.4K $17.40/SF

− OpEx

−$12.4K −$5.22/SF

NOI

$29.0K $12.18/SF

Area

Harris County, GA

Vacancy

4.60%

Lease Rate

$18.24 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$580,280

Cap Rate 7%

$414,486

Cap Rate 9%

$322,378

Alternative Uses

Best Use

Retail

$414.5K

$362.7K – $483.6K (±1% cap)

NOI $29,014 @ 7.0% cap · market cap 4.46%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$533.0K

$466.4K – $621.8K (±1% cap)

NOI $37,308 @ 7.0% cap · market cap 5.74%

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

Property Analytics

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Open Analytics

Current Use

Harris County Ga ... City Courthouse Harris County Magistrate ... Government Office Harris Tax Collections ... Tax Department Harris County Superior ... County Court Harris County Probate ... County Court

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

16k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 85% Dining 15%

Circle K Shops & Services

11,516 visits/mo 0.1 miles

SUBWAY Dining

2,383 visits/mo 0.2 miles

Valero Energy Shops & Services

2,274 visits/mo 0.1 miles

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 Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - Flexible commercial space with a conference room, parking lot, and public water and sewer service.

Where is this storefront property located?

The property is located at 102 S College Street Hamilton, GA.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: 2,382 SF storefront property on a 0.09‑acre lot; Completed in 2021 with brick, frame, and glass construction; Current builder’s showroom layout includes a dedicated conference room