High-Security Office
For Sale
$305,000
201-12 Sammy Mcghee Blvd, Jasper, GA 30143
Former GSA office space with bulletproof doors and windows, blast-resistant bathrooms, and extensive custom cabinetry.
Property Size1,500 SF
Price / SF$203.33
Days on Market441
Property Features for 201-12 Sammy Mcghee Blvd
General Information
Standard status
Active
Size
1,500 SF
Taxes and HOA fees
Annual Taxes
$1,203
Amenities
bulletproof doors and windows
blast-resistant bathrooms
extensive custom cabinetry
high-end security infrastructure
Listing Agency:
Performance Real Estate Services
(404) 882-0651
Listed By:
David Shouse · License #447138
(404) 391-5445
Source:
Exprealty
Added: Jun 23, 2025
Changed: Sep 4
Last Checked: Sep 5 at 12:04PM
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 Performance Real Estate Services
Investment Insights
Based on property information with market context.
Former GSA space built for security and functionality, offering a purpose-built office environment with extensive custom cabinetry throughout. The facility includes bulletproof doors and windows, along with blast-resistant bathrooms, supported by high-end security infrastructure.
The property is located at 201-12 Sammy Mcghee Blvd in Jasper, GA. Ownership is considering owner financing.
Designed around federal-grade security requirements, the space is positioned for executive or professional office use and provides an existing configuration centered on safety-focused build features.
The property is located at 201-12 Sammy Mcghee Blvd in Jasper, GA. Ownership is considering owner financing.
Designed around federal-grade security requirements, the space is positioned for executive or professional office use and provides an existing configuration centered on safety-focused build features.
Key Highlights
- Former GSA office space built for security and functionality
- Bulletproof doors and windows
- Blast‑resistant bathrooms
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
$20,087
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
6.59%
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%
$401,740
$401.7K
Cap Rate 7%
$286,957
$287.0K
Cap Rate 9%
$223,189
$223.2K
Market Conditions
NOI Build-Up for 1,500 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
$35.8K $23.87/SF
− Vacancy
−$9.0K −$6.02/SF
EGI
$26.8K $17.85/SF
− OpEx
−$6.7K −$4.46/SF
NOI
$20.1K $13.39/SF
Area
Pickens County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
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%
$401,740
Cap Rate 7%
$286,957
Cap Rate 9%
$223,189
Alternative Uses
Best Use
Office B
$287.0K
$251.1K – $334.8K
NOI $20,087 @ 7.0% cap · market cap 6.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$419.3K
$366.9K – $489.2K
NOI $29,352 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
354
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Former GSA office space with bulletproof doors and windows, blast-resistant bathrooms, and extensive custom cabinetry.
Where is this office units located?
The property is located at 201-12 Sammy Mcghee Blvd Jasper, GA.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Former GSA office space built for security and functionality; Bulletproof doors and windows; Blast‑resistant bathrooms
