Building Details

Year built 2021

Floors in Building 1

Number of units 1

Flooring type Carpet, Laminate

Building materials Brick, Frame

Listing Agency: Coldwell Banker / Kennon, Parker, Duncan & Davis · Coldwell Banker Real Estate d**@kpdk.com Show Phone

Listed By: Morgan Marlowe · License #86587 Show Phone

Added: Jun 17 Changed: Oct 27 Last Checked: Nov 1 at 1:06AM

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MLS# 232461

Copyright © 2026 Columbus Board of Realtors (GA). 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.

Completed in 2021, this 2,382-square-foot commercial showroom occupies a 0.09-acre site in Hamilton. The building is currently arranged as a builder’s showroom and includes a dedicated conference room, creating a functional setting for client meetings and product presentation. Its layout can be adapted for other business requirements.

Brick and frame construction is paired with laminate and carpet flooring. Electric heating and central air conditioning serve the interior, while water is available at the property. The address is near the Harris County Courthouse, Harris County School District Central Office, Mercer Medicine, UGA Extension Office, and the Sheriff’s office. The 13.5-mile, 10-foot-wide paved Man O’ War walking trail, three Harris County schools, county recreation facilities, and the library contribute to activity in the surrounding area.

Key Highlights

• 2,382‑square‑foot commercial showroom on a 0.09‑acre site
• Completed in 2021 with brick and frame 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

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

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?

Showroom - Finished with a conference room, laminate flooring, carpet, and central air conditioning.

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: 2,382‑square‑foot commercial showroom on a 0.09‑acre site; Completed in 2021 with brick and frame construction; Current builder’s showroom layout includes a dedicated conference room