Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Build-to-Suit Office/Warehouse Flex Title is generated by Realmo AI

    108 Hollywood Hills Rd, Clarkesville, GA 30523

    View on Map
    Claim this Listing
    For Lease
    $1,200/Mo $1.31 SF/Yr (calc)

    New construction office/warehouse flex space is available to fit tenant needs, with convenient expressway access.

    Property size:
    11,000 SF
    Added:
    Apr 17, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 3 at 3:36 am

    Property Features for 108 Hollywood Hills Rd

    General Information

    Standard status
    Active
    Size
    11,000 SF

    We can help!

    Listing Contact
    Wade Rhodes
    Wade Rhodes

    Listing agent Wade Rhodes License #58072

    Listing office The Norton Agency

    Listing date Apr 17, 2026

    Source Exprealty

    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 The Norton Agency

    HighLights

    • Build‑to‑suit office/warehouse with rentable space available from 1,500 SF to 11,000 SF to fit tenant needs
    • Base rent of $9.50 per SF includes 1 office and 1 bathroom
    • CAM charges based on $175/month
    • New construction located in a business park in the Hollywood area
    • Convenient access to Expressway 441 north of Clarkesville

    Overview

    New construction build-to-suit office/warehouse flex space is available for lease, with rentable options from 1,500 to 11,000 square feet based on the client’s needs. Each unit’s base rent includes one office and one bathroom, providing a functional setup for operations that require both workspace and practical amenities. Additional tenant requirements will be negotiated to align the space with the way your business operates.

    The property is located in a new business park in the Hollywood area, offering excellent visibility and easy access to Expressway 441 north of Clarkesville. This combination of visibility and streamlined access supports businesses that need to serve customers while maintaining efficient logistics.

    Designed for tenants seeking a flexible arrangement between office use and warehouse operations, the build-to-suit approach allows for tailoring the interior to your workflow. With rentable space sized to the tenant’s specific requirements and clear site access, this offering can work well for growing teams that want a newer facility built around their needs rather than adapting to an existing layout.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Auto Repair Shop HVAC Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clarkesville
    County
    Habersham
    State
    Georgia
    Longitude
    -83.422542
    Latitude
    34.658659

    Nearby Similar for Lease

    • $1,200/Mo
      11,000 SF

      New Construction Office/Warehouse Space

      New construction office/warehouse space for lease in Clarkesville, GA.
      108 Hollywood Hills Road, Clarkesville, GA 30523
      View Details
    • $7 SF/Yr
      4,800 SF

      Industrial Warehouse Space Available

      4,800 SF warehouse space for lease in Clarkesville, GA.
      390 Grandis Heights Cir, Clarkesville, GA
      View Details

    FAQs

    What type of property is this?
    Flex space - New construction office/warehouse flex space is available to fit tenant needs, with convenient expressway access.
    Where is this flex space located?
    The property is located at 108 Hollywood Hills Rd Clarkesville, GA.
    What is the lease rate?
    The lease rate is $1,200 /Mo.
    What are key features of this property?
    This property features: Build‑to‑suit office/warehouse with rentable space available from 1,500 SF to 11,000 SF to fit tenant needs; Base rent of $9.50 per SF includes 1 office and 1 bathroom; CAM charges based on $175/month
    (706) 968-8335
    We can help!
    Listing Contact
    Wade Rhodes
    Wade Rhodes
    Real Estate License ID: 58072
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    108 Hollywood Hills Rd, Clarkesville, GA 30523
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!