Professional Office Suite
12 Sammy McGhee Boulevard Unit 203, Jasper, GA 30143
Leased office suite with strong income potential.
Type:Commercial Sale / Condominium
Property size:
1,350 SFPrice / SF:
$214/SF- Added:
- Jan 17, 2026
- Days on Market:
- 136
- Last Refresh:
- Mar 13 at 12:53 pm
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 agent Lydia Spink License #284621 (770) 851-7494
Listing office Century 21 Lindsey and Pauley (770) 851-7494
Listing date Jan 17, 2026
Source Compass
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
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.
- Recently updated with new paint and flooring, presenting a modern and professional image.
- Functional 1,350 sq. ft. office suite with 4 private offices, reception area, and storage.
- ADA‑compliant restrooms and accessible elevator installed.
Overview
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.
Local Financial Insights For Healthcare Medical
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 | $36.5k | $27.00 |
| − Vacancy | −$3.8k | −$2.84 |
| EGI | $32.6k | $24.17 |
| − OpEx | −$13.0k | −$9.67 |
| NOI | $19.6k | $14.50 |
1,350 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$279.6K
$244.7K – $326.2K
NOI $19,574 @ 7.0% cap · market cap 6.75%
Second Best
Office B
$258.3K
$226.0K – $301.3K
NOI $18,078 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$377.4K
$330.2K – $440.3K
NOI $26,416 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Jasper
- County
- Pickens
- State
- Georgia
- Longitude
- -84.451365
- Latitude
- 34.465071
Nearby Similar for Sale
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 $290,000.
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.
