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New Showroom Retail Building
For Sale
$650,000

102 S College Street, Hamilton, GA 31811

COMMERCIAL - Hamilton, GA

Property Size2,382 SF
Lot Size0.09 Acres
Price / SF$272.88
Days on Market62

Property Features for 102 S College Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 4
Parking features Parking Lot
Lot features Corner Lot
Directions Downtown Hamilton
Standard status Active
APN 059A072
Size 2,382 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 25
Tax Annual Amount 7082

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 2021
Building materials Brick, Frame, Glass
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Morgan J Marlowe · License #86587
Added: Jun 1 Changed: Jun 29 Last Checked: Aug 1 at 6:06PM
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.

Investment Insights

Based on property information with market context.

This newly constructed commercial property is configured as a builder’s showroom and offers a practical retail-style interior layout. The space includes a dedicated conference room, supporting both customer-facing operations and internal meetings. With 2,382 square feet of interior area, the layout is described as versatile, allowing for conversion to a range of business uses.

The property is located at 102 S College Street in Hamilton, Georgia, within Harris County. The surrounding area is noted for nearby community facilities and offices, including the Harris County Courthouse, Harris County School District Central Office, Mercer Medicine, UGA Extension Office, and the sheriff’s office. Additional nearby community resources are listed as Harris County schools, county recreation facilities, and the library.

For buyers or operators seeking a modern, turn-key commercial setting, this building’s new construction and showroom configuration can serve businesses that benefit from a customer-facing environment and an on-site meeting space. The documented proximity to multiple county-related and community resources may support consistent local traffic for retail, service, or office-oriented concepts that can utilize an adaptable interior plan.

Key Highlights

  • Newer commercial property built in 2021 with 2,382 sq ft interior space
  • Central heating and central air conditioning
  • Brick, frame, and glass construction materials

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 $43.4k $18.24
− Vacancy −$2.0k −$0.84
EGI $41.4k $17.40
− OpEx −$12.4k −$5.22
NOI $29.0k $12.18
2,382 SF · lease $18.24/SF/yr · vacancy 4.60% · expense 30.00%

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.

Property 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

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 0.1 miles
Valero Energy Shops & Services
2,274 visits/mo 0.2 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Showroom - Newly constructed retail/showroom space with a dedicated conference room and flexible interior layout.
Where is this showroom 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: Newer commercial property built in 2021 with 2,382 sq ft interior space; Central heating and central air conditioning; Brick, frame, and glass construction materials
More about this property
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