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    Medical Office in Banks Crossing Title is generated by Realmo AI

    2151 Homer Road, Commerce, GA 30529

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    Claim this Listing
    For Lease
    $5,750/Mo $23 SF/Yr (calc)

    COMMERCIAL - Commerce, GA

    Type:Office
    Property size:
    3,000 SF
    Lot size:
    1.26 Acres
    Added:
    Dec 4, 2025
    Days on Market:
    162
    Last Refresh:
    May 15 at 6:06 pm

    Property Features for 2151 Homer Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Parking
    41
    Parking features
    Parking Lot
    Security features
    Security
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    020 031B1
    Size
    3,000 SF
    Lot size
    1.26 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    2019
    Floors in Building
    1
    Flooring type
    Laminate
    Building materials
    Stone

    We can help!

    Listing Contact
    Brittany D Purcell
    Brittany D Purcell

    Listing agent Brittany D Purcell License #324606

    Listing office Keller Williams Greater Athens 1361 Jennings Mill Rd, Ste 101, Watkinsville, GA

    Listing date Dec 4, 2025

    MLS# 10653771

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3000 sq ft medical office, fully built out and turn‑key ready.
    • Located in a Class A building in high‑traffic Banks Crossing.
    • Features 6 exam rooms, x‑ray room, reception, lobby, and 4 restrooms.
    • Synergy potential with 2 other medical tenants in the building.
    • Built in 2019 with stone construction and laminate flooring.
    • Accessible approach with ramp and ample parking.

    Overview

    This 3000 square foot medical office is located in a Class A building in the high-traffic area of Banks Crossing. The space, previously used as an urgent care facility, features 6 exam rooms, an x-ray room, a reception area, a lobby, and a break room. It also includes ample storage space and 4 restrooms. The property is in excellent condition and is move-in ready. The building houses two other medical tenants, offering potential synergy for a new tenant within the medical complex. Situated on a 1.26-acre lot, this office is located in Commerce, Jackson County, Georgia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restor Diabetes Center Medical Clinic

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Commerce Veterinary Hospital — 1012 S Broad St, Commerce, GA 30529
    • Fricks Crystal DVM — 1012 S Broad St, Commerce, GA 30529
    • Commerce Veterinary Hospital: Shirley Anne DVM — 1012 S Broad St, Commerce, GA 30529
    • Haag Michelle DVM — 1012 S Broad St, Commerce, GA 30529, United States
    • Fagan Christine DVM — 1012 S Broad St, Commerce, GA 30529

    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Banks
    State
    Georgia
    Longitude
    -83.453669
    Latitude
    34.234648

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    FAQs

    What type of property is this?
    Medical Office Space - 3000 sq ft medical office in high-traffic area.
    Where is this medical office space located?
    The property is located at 2151 Homer Road Commerce, GA.
    What is the lease rate?
    The lease rate is $5,750 /Mo.
    What are key features of this property?
    This property features: 3000 sq ft medical office, **fully built out and turn‑key ready.**; Located in a Class A building in **high‑traffic Banks Crossing.**; Features **6 exam rooms, x‑ray room, reception, lobby, and 4 restrooms.**
    (706) 389-0771
    We can help!
    Listing Contact
    Brittany D Purcell
    Brittany D Purcell
    Real Estate License ID: 324606
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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