Manufacturing Building with
For Sale
Contact for pricing
501 Hood Road, Jasper, GA 30143
Commercial-zoned facility includes an upstairs one-bedroom apartment with a private entrance and outdoor deck.
Property Size8,714 SF
Price / SF$149.19
Days on Market8
Property Features for 501 Hood Road
General Information
Standard status
Active
Size
8,714 SF
Total Parking Spaces
10
Property subtype
Industrial, Business for Sale
Zoning
commercial
Occupancy
100%
Investment Type
Owner/User
Additional Details
Business Included
Yes
Building Details
Year Built
1987
Buildings
1
Tenancy
Multi
Building Size
8,714 SF
Listing Agency:
RE/MAX Five Star
(770) 861-2966
Listed By:
Bobby Parish · License #417829
Source:
Crexi
Added: Aug 4
Changed: Aug 11
Last Checked: Aug 11 at 5:41AM
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 RE/MAX Five Star
Investment Insights
Based on property information with market context.
This 8,714-square-foot manufacturing property includes the building, a custom cabinet business, and an upstairs one-bedroom apartment. Constructed in 1987, the facility also offers commercial zoning and a separate entrance for the residential component.
The apartment includes an outdoor deck and stairs leading to a back entrance gate. The property is located in the Jasper Industrial Park at 501 Hood Road in Jasper, Georgia.
The apartment includes an outdoor deck and stairs leading to a back entrance gate. The property is located in the Jasper Industrial Park at 501 Hood Road in Jasper, Georgia.
Key Highlights
- 8,714‑square‑foot manufacturing building
- Custom cabinet business included with the property
- Upstairs one‑bedroom apartment
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$116,690
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,333,800
$2.3M
Cap Rate 7%
$1,667,000
$1.7M
Cap Rate 9%
$1,296,556
$1.3M
Market Conditions
NOI Build-Up for 8,714 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$208.0K $23.87/SF
− Vacancy
−$52.4K −$6.02/SF
EGI
$155.6K $17.85/SF
− OpEx
−$38.9K −$4.46/SF
NOI
$116.7K $13.39/SF
Area
Pickens County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,333,800
Cap Rate 7%
$1,667,000
Cap Rate 9%
$1,296,556
Alternative Uses
Best Use
Office B
$1.67M
$1.46M – $1.94M
NOI $116,690 @ 7.0% cap · market cap 8.98%
Second Best
Mixed Use
$1.51M
$1.32M – $1.76M
NOI $105,875 @ 7.0% cap · market cap 8.14%
Theoretical Best
Office A
$2.44M
$2.13M – $2.84M
NOI $170,513 @ 7.0% cap · market cap 13.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
Demographics for 30143, GA
24,476
Population
12,549
Households
2
Avg Household Size
49
Median Age
32%
College-Educated
92%
High-School Grad
145.3 sq mi
ZIP Area
168
Density / Sq Mi
$79,879
Median Household Income
$42,635
Median Earnings
$1,085
Median Rent
$324,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Commercial-zoned facility includes an upstairs one-bedroom apartment with a private entrance and outdoor deck.
Where is this manufacturing property located?
The property is located at 501 Hood Road Jasper, GA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 8,714‑square‑foot manufacturing building; Custom cabinet business included with the property; Upstairs one‑bedroom apartment
