New Construction Retail
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 Market47
Property Features for 102 S College Street
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Corner Lot
Directions
Follow Us-27 N To Hamilton 19 Min (14.1 Mi) Drive To Your Destination 49 Sec (0.1 Mi) 102 N College St Hamilton, Ga 31811
Subdivision
10-NE Harris County
Standard status
Active
APN
059A072
Size
2,382 SF
Lot size
0.09 Acres
Utilities
Utilities
Water Available
Heating system
Electric (Heating)
Cooling system
Central Air, Electric
Building Details
Year built
2021
Floors in Building
1
Number of units
1
Flooring type
Carpet, Laminate
Building materials
Brick, Frame
Listing Agency:
Re/Max Results
(706) 845-7000
Listed By:
Morgan Marlowe · License #86587
(706) 315-8260
Added: Jun 16
Changed: Jul 29
Last Checked: Aug 1 at 6:06PM
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.
Investment Insights
Based on property information with market context.
Newly constructed commercial property totaling 2,382 square feet, currently configured as a builder’s showroom. The interior includes a dedicated conference room and a layout described as versatile for accommodating different business needs.
Located at 102 S College Street in Hamilton, GA, the property is positioned within close proximity to 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 is also noted as bringing daily guests into Hamilton, supported by multiple Harris County schools and the county recreation facilities and library.
Located at 102 S College Street in Hamilton, GA, the property is positioned within close proximity to 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 is also noted as bringing daily guests into Hamilton, supported by multiple Harris County schools and the county recreation facilities and library.
Key Highlights
- Newly built commercial property at 102 S College Street (year built 2021) with 2,382 sq ft of interior space
- Interior includes a dedicated conference room and is currently configured as a builder’s showroom with a flexible layout
- Construction materials: brick and frame; flooring includes carpet and laminate
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
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
NOI $37,308 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
0.1 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Showroom - Newly constructed property with a dedicated conference room and flexible interior, near Harris County services and schools.
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: Newly built commercial property at 102 S College Street (year built 2021) with 2,382 sq ft of interior space; Interior includes a dedicated conference room and is currently configured as a builder’s showroom with a flexible layout; Construction materials: brick and frame; flooring includes carpet and laminate
