Industrial Mixed-Use
4900A Highway 98 E, Comer, GA 30629
For Sale
$1,499,000
Commercial Sale, Comer, GA
Property Size11,120 SF
Lot Size2.50 Acres
Price / SF$134.80
Days on Market48
Property Features for 4900A Highway 98 E
General Information
Property type
Property subtype
Zoning
Parking
Appliances
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
Meeting Room
Break Room
Building Details
Year built
Floors in Building
Building materials
Buildings
Listing Agency:
Iris Inc Realty
(706) 743-5812
Listed By:
Jake Willcox · License #402642
(706) 338-0765
Added: Sep 23
Changed: Oct 31
Last Checked: Nov 9 at 7:06AM
MLS# CL365265
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 11,120-square-foot property combines 5,000 square feet of office space with 6,120 square feet of industrial area. The office layout includes a meeting room, foyer, seven private offices, two bathrooms, a break room, and mezzanine storage. Industrial features include storage, a ventilated painting area, two employee restrooms, a loading dock, and roll-up doors. A pull-through unloading area serves the building, which has established three-phase power. The property was built in 2003 and sits on approximately 2.5 acres at 4900A Highway 98 E in Comer, Georgia.
The sale is subject to Madison County approval of a parcel split and completion of a new survey. Additional building space and acreage are available.
The sale is subject to Madison County approval of a parcel split and completion of a new survey. Additional building space and acreage are available.
Key Highlights
- 11,120 square feet total: 5,000 square feet of office and 6,120 square feet of industrial space
- Approximately 2.5 acres at 4900A Highway 98 E in Comer, Georgia
- Office layout includes seven offices, a meeting room, break room, foyer, two bathrooms, and mezzanine storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$132,106
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,642,120
$2.6M
Cap Rate 7%
$1,887,229
$1.9M
Cap Rate 9%
$1,467,844
$1.5M
Market Conditions
NOI Build-Up for 11,120 SF
Gross rent
$240.2K $21.60/SF
− Vacancy
−$28.8K −$2.59/SF
EGI
$211.4K $19.01/SF
− OpEx
−$79.3K −$7.13/SF
NOI
$132.1K $11.88/SF
Area
Madison County, GA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,642,120
Cap Rate 7%
$1,887,229
Cap Rate 9%
$1,467,844
Alternative Uses
Best Use
Mixed Use
$1.89M
$1.65M – $2.20M
NOI $132,106 @ 7.0% cap · market cap 8.81%
Second Best
Warehouse
$1.17M
$1.02M – $1.36M
NOI $81,630 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$2.68M
$2.35M – $3.13M
NOI $187,649 @ 7.0% cap · market cap 12.52%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office and warehouse areas include loading features and established three-phase power.
Where is this mixed-use property located?
The property is located at 4900A Highway 98 E Comer, GA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 11,120 square feet total: 5,000 square feet of office and 6,120 square feet of industrial space; Approximately 2.5 acres at 4900A Highway 98 E in Comer, Georgia; Office layout includes seven offices, a meeting room, break room, foyer, two bathrooms, and mezzanine storage
