Flex Space with Loading
4900B Highway 98 E, Comer, GA 30629
For Sale
$1,799,000
Commercial Sale, Comer, GA
Property Size10,000 SF
Lot Size2.50 Acres
Price / SF$179.90
Days on Market50
Property Features for 4900B 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 area
kitchen
reception area
restrooms with showers
Building Details
Year built
Floors in Building
Building materials
Buildings
Listing Agency:
Iris Inc Realty
(706) 743-5812
Listed By:
Jake Willcox · License GA #402642
(706) 338-0765
Added: Sep 23
Changed: Oct 31
Last Checked: Nov 11 at 10:06AM
MLS# CL365261
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.
Completed in 2023, this 10,000-square-foot flex property occupies approximately 2.5 acres at 4900B Highway 98 E in Comer. The building includes 7,815 square feet of open warehouse area and 2,185 square feet of finished office space. Warehouse features include two roll-up doors, a loading dock, two restrooms with showers, and mezzanine storage. The office layout provides a meeting room, nine private offices, a kitchen-equipped break area, and reception space.
The property is zoned I and served by public water and a septic system. Central electric heating and cooling are installed, along with three-phase power. The sale is subject to Madison County split approval and a new survey; additional building and acreage are also available.
The property is zoned I and served by public water and a septic system. Central electric heating and cooling are installed, along with three-phase power. The sale is subject to Madison County split approval and a new survey; additional building and acreage are also available.
Key Highlights
- 10,000 square feet of building area on approximately 2.5 acres
- 7,815 square feet of open warehouse and 2,185 square feet of finished office space
- Warehouse has two roll‑up doors, a loading dock, and mezzanine storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,408
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,468,160
$1.5M
Cap Rate 7%
$1,048,686
$1.0M
Cap Rate 9%
$815,644
$815.6K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$94.8K $9.48/SF
− Vacancy
−$8.4K −$0.84/SF
EGI
$86.4K $8.64/SF
− OpEx
−$13.0K −$1.30/SF
NOI
$73.4K $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%
$1,468,160
Cap Rate 7%
$1,048,686
Cap Rate 9%
$815,644
Alternative Uses
Best Use
Warehouse
$1.05M
$917.6K – $1.22M
NOI $73,408 @ 7.0% cap · market cap 4.08%
Second Best
Industrial
$870.3K
$761.5K – $1.02M
NOI $60,918 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M
NOI $168,749 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Dock-high doors
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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A 2023 facility combines open warehouse capacity with a substantial office component and established three-phase power.
Where is this flex space located?
The property is located at 4900B Highway 98 E Comer, GA.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: 10,000 square feet of building area on approximately 2.5 acres; 7,815 square feet of open warehouse and 2,185 square feet of finished office space; Warehouse has two roll‑up doors, a loading dock, and mezzanine storage
