Jasper Office Building For
35 W Church St Jasper, GA 30143
35 W Church St, Jasper, GA, 30143
$2,400,000
For Sale
$2,400,000
Approximately 13,000 SF office building in Jasper, Georgia.
Property Size13,000 SF
Price / SF$184.62
Days on Market138
Property Features for 35 W Church St
General Information
- Standard status
- Active
- Size
- 13,000 SF
- Property subtype
- Office
Listing agency
Bull Realty
(404) 876-1640
Listed by
Jared Daley
Source
Bullrealty
Added: Mar 5 Updated: Jul 6 at 10:05AM Checked: Jul 21 at 5:09AM
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 Bull Realty
Investment Insights
Based on property information with market context.
Located in downtown Jasper, Georgia, this office building offers approximately 13,000 square feet of space. The building is divided into three suites. Suite 101, comprising approximately 5,296 square feet, is currently leased to medical tenants. Suites 201 and 202 are available for immediate lease at $15 per square foot per year on a modified gross lease. Suite 201 offers approximately 2,936 square feet, while Suite 202 provides approximately 3,378 square feet and is accessible via stairway. The remainder of the building is ideal for medical use. The property presents an investment or owner/user opportunity with in-place income. The landlord is willing to build out the space to fit tenant requirements and also install an elevator if necessary. In addition to having lease space available, the building is available for sale.
Key Highlights
- Investment or owner/user opportunity with in‑place income from existing medical tenant (Suite 101).
- Available for sale at $2,400,000.
- Two suites (201 & 202) totaling ±6,314 SF available for immediate lease at $15/SF/Year Modified Gross.
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 | $351.0k | $27.00 |
| − Vacancy | −$36.9k | −$2.84 |
| EGI | $314.1k | $24.17 |
| − OpEx | −$125.7k | −$9.67 |
| NOI | $188.5k | $14.50 |
13,000 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.69M
$2.36M – $3.14M
NOI $188,487 @ 7.0% cap · market cap 7.85%
Second Best
Office B
$2.49M
$2.18M – $2.90M
NOI $174,084 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$3.63M
$3.18M – $4.24M
NOI $254,380 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Approximately 13,000 SF office building in Jasper, Georgia.
Where is this office building located?
The property is located at 35 W Church St Jasper, GA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Investment or owner/user opportunity with in‑place income from existing medical tenant (Suite 101).; Available for sale at $2,400,000.; Two suites (201 & 202) totaling ±6,314 SF available for immediate lease at $15/SF/Year Modified Gross.
