Flex Property with Loading
4900 Highway 98 E, Comer, GA 30629
For Sale
New
$3,249,000
Two buildings combine warehouse, office, and industrial areas with established three-phase power.
Property Size21,120 SF
Lot Size5.17 Acres
Price / SF$153.84
Days on Market2
Property Features for 4900 Highway 98 E
General Information
Standard status
Size
Lot size
Warehouse & Industrial
Warehouse Space
Office Build-Out
Three-Phase Power
Additional Details
Road Access
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
meeting room
break area with kitchen
reception area
restrooms with showers
Concrete,Laminate,Other
true
Appraiser
Square Feet
Industrial Park
Public
5.17
25
Total Road Frontage Length: 440
Other
Paved
State Road
21120
2
Building Details
Building Size
Year Built
Listing Agency:
Iris Inc Realty
Listed By:
Jake Willcox · License GA #402642
(706) 338-0765
Source:
Thestanleyrealtygroup
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 3:58AM
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 Iris Inc Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5.17-acre flex property in Comer includes two buildings and 21,120 square feet of space. The first building, constructed in 2023, contains 7,815 square feet of warehouse area and 2,185 square feet of finished offices. Warehouse features include two roll-up doors, a loading dock, shower-equipped restrooms, and mezzanine storage. The office portion has nine private offices, a meeting room, kitchen break area, and reception space. The second building offers 5,000 square feet of offices and 6,120 square feet of industrial space. Its features include a meeting room, seven offices, two bathrooms, break room, mezzanine storage, pull-through unloading area, roll-up doors, and a ventilated painting area. Two restrooms serve the industrial area, which also has storage space.
The property fronts Highway 98 E, a state highway, with 440 feet of road frontage. Established three-phase power serves the site.
The property fronts Highway 98 E, a state highway, with 440 feet of road frontage. Established three-phase power serves the site.
Key Highlights
- 21,120 square feet across two buildings on 5.17 acres
- First building was constructed in 2023 and contains 10,000 square feet
- Warehouse area includes two roll‑up doors, a loading dock, and mezzanine storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$155,038
Cap Rate
4.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,100,760
$3.1M
Cap Rate 7%
$2,214,829
$2.2M
Cap Rate 9%
$1,722,644
$1.7M
Market Conditions
NOI Build-Up for 21,120 SF
Gross rent
$200.2K $9.48/SF
− Vacancy
−$17.8K −$0.84/SF
EGI
$182.4K $8.64/SF
− OpEx
−$27.4K −$1.30/SF
NOI
$155.0K $7.34/SF
Area
Madison County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,100,760
Cap Rate 7%
$2,214,829
Cap Rate 9%
$1,722,644
Alternative Uses
Best Use
Warehouse
$2.21M
$1.94M – $2.58M
NOI $155,038 @ 7.0% cap · market cap 4.77%
Second Best
Industrial
$1.84M
$1.61M – $2.14M
NOI $128,660 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$5.09M
$4.45M – $5.94M
NOI $356,397 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30629, GA
4,950
Population
1,975
Households
2.5
Avg Household Size
41
Median Age
26%
College-Educated
79%
High-School Grad
74.4 sq mi
ZIP Area
67
Density / Sq Mi
$58,806
Median Household Income
$36,934
Median Earnings
$911
Median Rent
$173,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two buildings combine warehouse, office, and industrial areas with established three-phase power.
Where is this flex space located?
The property is located at 4900 Highway 98 E Comer, GA.
What is the asking price?
The asking price for this property is $3,249,000.
What are key features of this property?
This property features: 21,120 square feet across two buildings on 5.17 acres; First building was constructed in 2023 and contains 10,000 square feet; Warehouse area includes two roll‑up doors, a loading dock, and mezzanine storage
