Professional Office Suite
12 Sammy McGhee Boulevard Unit 203 Jasper, GA 30143
12 Sammy McGhee Boulevard Unit 203, Jasper, GA, 30143
$285,000
For Sale
$285,000
Leased office suite with strong income potential.
Property Size1,350 SF
Price / SF$211.11
Days on Market243
Property Features for 12 Sammy McGhee Boulevard Unit 203
General Information
- Standard status
- Active
- Size
- 1,350 SF
- Property subtype
- Commercial Sale / Condominium
Building Details
- Year Built
- 2005
Listing Agency
Century 21 Lindsey and Pauley
(770) 851-7494
Listed by
Lydia Spink · License #284621
(770) 851-7494
Source
Compass
Added: Nov 16, 2025 Checked: Jul 10 at 3:55 pm
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 Century 21 Lindsey and Pauley
Investment Insights
Based on property information with market context.
This professional office suite, Unit 203, offers approximately 1,350 square feet of functional workspace. The second-level unit features 4 private offices, a lobby/reception area, a storage room with data connections, and 2 ADA-compliant restrooms. Access is facilitated by an elevator. The suite has been updated with new paint and flooring. Located on State Highway 53, the property benefits from high traffic exposure. It is suitable for medical, dental, or professional office use. The property includes ample parking and strong curb appeal. The property is 100% leased with a new two-year lease signed in January 2026, with an option to renew. The current rent is $1400 per month and will increase by 4% the second year, offering a 5.5% cap rate.
Key Highlights
- 100% Leased with a new two‑year lease signed in January 2026 and an option to renew, ensuring immediate income.
- Solid 5.5% cap rate provides an attractive opportunity for reliable investment returns.
- High visibility and traffic exposure on State Highway 53, ideal for attracting clients.
Local Financial Insights For Office B
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 | $32.2k | $23.87 |
| − Vacancy | −$8.1k | −$6.02 |
| EGI | $24.1k | $17.85 |
| − OpEx | −$6.0k | −$4.46 |
| NOI | $18.1k | $13.39 |
1,350 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$258.3K
$226.0K – $301.3K
NOI $18,078 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$377.4K
$330.2K – $440.3K
NOI $26,416 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Leased office suite with strong income potential.
Where is this office units located?
The property is located at 12 Sammy McGhee Boulevard Unit 203 Jasper, GA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 100% Leased with a new two‑year lease signed in January 2026 and an option to renew, ensuring immediate income.; Solid 5.5% cap rate provides an attractive opportunity for reliable investment returns.; High visibility and traffic exposure on State Highway 53, ideal for attracting clients.
