C-3 Zoned Commercial Land
For Sale
$125,000
1267 Church Street, Jasper, GA 30143
C-3 commercial parcel with existing water and septic and a building shell ready for completion or redevelopment.
Property Size960 SF
Lot Size0.72 Acres
Price / SF$130.21
Days on Market142
Property Features for 1267 Church Street
General Information
Standard status
Active
Size
960 SF
Lot size
0.72 Acres
Property subtype
General Commercial
Zoning
C-3
Site & Location
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$472
Amenities
3
Parking.
12 Parking Spaces. Other Parking.
33541.2
In City, County Road, Paved Road.
Building Details
Year Built
1949
Listing Agency:
Better Homes GA
(770) 617-1076
Listed By:
Elizabeth Yancey · License #264876
(770) 617-1076
Source:
Xome
Added: Mar 26
Changed: Aug 12
Last Checked: Aug 14 at 3:28AM
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 Better Homes GA
Investment Insights
Based on property information with market context.
This C-3 zoned commercial parcel includes existing water and septic service and a building shell that is already in place, offering a starting point for completion, customization, or redevelopment. The property is configured as a commercial site that can support a range of business plans, with the existing structure intended to reduce upfront buildout work.
The site is located at 1267 E Church Street in Jasper, GA, and the property is described as having strong road frontage with high visibility along a growing corridor. Public remarks indicate the property may be suited for automotive services or a specialty garage, retail or convenience-based uses, office or service-oriented businesses, or a contractor yard/small commercial hub, depending on the final concept and requirements.
The site is located at 1267 E Church Street in Jasper, GA, and the property is described as having strong road frontage with high visibility along a growing corridor. Public remarks indicate the property may be suited for automotive services or a specialty garage, retail or convenience-based uses, office or service-oriented businesses, or a contractor yard/small commercial hub, depending on the final concept and requirements.
Key Highlights
- .72‑acre C‑3 zoned commercial parcel in a growing corridor
- Existing water and septic on site
- Building shell already in place, ready for completion, customization, or redevelopment
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$5,848
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$116,960
$117.0K
Cap Rate 7%
$83,543
$83.5K
Cap Rate 9%
$64,978
$65.0K
Market Conditions
NOI Build-Up for 960 SF
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.
Gross rent
$9.1K $9.48/SF
− Vacancy
−$746 −$0.78/SF
EGI
$8.4K $8.70/SF
− OpEx
−$2.5K −$2.61/SF
NOI
$5.8K $6.09/SF
Area
Pickens County, GA
Vacancy
8.20%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$116,960
Cap Rate 7%
$83,543
Cap Rate 9%
$64,978
Alternative Uses
Best Use
Retail
$192.9K
$168.8K – $225.1K
NOI $13,503 @ 7.0% cap · market cap 10.80%
Second Best
Industrial
$83.5K
$73.1K – $97.5K
NOI $5,848 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$268.4K
$234.8K – $313.1K
NOI $18,785 @ 7.0% cap · market cap 15.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 30143, GA
24,476
Population
12,549
Households
2
Avg Household Size
49
Median Age
32%
College-Educated
92%
High-School Grad
145.3 sq mi
ZIP Area
168
Density / Sq Mi
$79,879
Median Household Income
$42,635
Median Earnings
$1,085
Median Rent
$324,900
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?
Commercial land - C-3 commercial parcel with existing water and septic and a building shell ready for completion or redevelopment.
Where is this commercial land located?
The property is located at 1267 Church Street Jasper, GA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: .72‑acre C‑3 zoned commercial parcel in a growing corridor; Existing water and septic on site; Building shell already in place, ready for completion, customization, or redevelopment
