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    Talking Rock Commercial Opportunity Title is generated by Realmo AI

    4645 Highway 136 W, Talking Rock, GA 30175

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    For Lease
    $3,200/Mo $15 SF/Yr (calc)

    COMMERCIAL - Talking Rock, GA

    Type:Retail
    Property size:
    2,500 SF
    Lot size:
    3.30 Acres
    Added:
    May 21, 2026
    Days on Market:
    3
    Last Refresh:
    May 23 at 3:06 am

    Property Features for 4645 Highway 136 W

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Zoning
    C-3
    Parking
    10
    Parking features
    Parking Lot
    Window features
    Wood Frames
    Interior features
    Recessed Lighting, Restrooms
    Standard status
    Active
    Size
    2,500 SF
    Lot size
    3.30 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air
    Water front features
    Creek

    Building Details

    Year built
    1970
    Floors in Building
    1
    Flooring type
    Concrete
    Roof type
    Metal
    Additional Structures
    Outbuilding

    We can help!

    Listing Contact
    Michelle Godfrey
    Michelle Godfrey

    Listing agent Michelle Godfrey License #403502

    Listing office Century 21 Lindsey and Pauley 25 N Main Street, Jasper, GA

    Listing date May 21, 2026

    MLS# 7774516

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

    HighLights

    • High‑visibility corner location on Highway 136 and Highway 5 with over 1300ft of heavy state highway frontage.
    • Over 3 acres of versatile, level land suitable for outdoor events, trade shows, or hospitality concepts.
    • 2,500 sq. ft. rock building with rocking chair front porch and metal roof, formerly an antique store.
    • 1300ft of Talking Rock Creek frontage.
    • Excellent regional access, located less than a minute from Highway 515.
    • Additional detached building for storage, workshops, or a secondary business.

    Overview

    Located in Talking Rock, this commercial property at 4645 Highway 136 West offers a unique opportunity. The property spans over 3 acres and features over 1300 feet of frontage on Highway 136 and 1300 feet of Talking Rock Creek frontage. The property includes a 2,500 sq. ft. rock building with a rocking chair front porch and metal roof, previously operated as Blackwater Station Antique Store. An additional detached building provides bonus space suitable for storage, workshops, or a secondary business. The property's expansive, level ground is suitable for hosting outdoor events, trade shows, farmer's markets, or open-air hospitality concepts. The property is zoned C-3. Located less than a minute from Highway 515, the property offers regional access. The property is located in Pickens County, GA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Auto Repair Shop Hotel & Motel Gym & Fitness Center Skin Care Clinic Food Market Storage Facility Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Talking Rock
    County
    Pickens
    State
    Georgia
    Longitude
    -84.505183
    Latitude
    34.509799

    FAQs

    What type of property is this?
    Storefront property - Versatile property with highway and creek frontage in Talking Rock.
    Where is this storefront property located?
    The property is located at 4645 Highway 136 W Talking Rock, GA.
    What is the lease rate?
    The lease rate is $3,200 /Mo.
    What are key features of this property?
    This property features: High‑visibility corner location on Highway 136 and Highway 5 with over 1300ft of heavy state highway frontage.; Over 3 acres of versatile, level land suitable for outdoor events, trade shows, or hospitality concepts.; 2,500 sq. ft. rock building with rocking chair front porch and metal roof, formerly an antique store.
    (706) 692-3533
    We can help!
    Listing Contact
    Michelle Godfrey
    Michelle Godfrey
    Real Estate License ID: 403502
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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.

    More about this property
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