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Flex Space with Drive-In Door
For Sale
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62 Ralph Hicks Circle, Jasper, GA 30143

Jasper, GA

Property Size4,100 SF
Lot Size0.46 Acres
Price / SF$0.92
Days on Market212

Property Features for 62 Ralph Hicks Circle

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Lot size 0.46 Acres

Amenities

Drive-in Door
Slot Drain
industrial sink
Showroom
office
2 restrooms

Building Details

Year built 2021
Listing Agency: Alpharetta / North Fulton Office · Berkshire Hathaway HomeServices
Listed By: Barry Joyner
Added: Apr 1 Changed: Oct 16 Last Checked: Oct 29 at 12:06AM
MLS# 7741122

Copyright © 2026 Berkshire Hathaway HomeServices Georgia Properties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 2021, this 4,100-square-foot flex space sits on 0.46 acres at 62 Ralph Hicks Circle in Jasper, Georgia. The property includes warehouse area, a showroom, office space, and two restrooms, with a drive-in door supporting practical access.

Warehouse features include a slot drain and industrial sink. The property also provides access to Hwy 515 and is associated with retail options including Walmart and Home Depot.

Key Highlights

  • 4,100 SF warehouse space
  • Built in 2021 on 0.46 acres
  • Drive‑in door for warehouse access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,900
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,000 $478.0K
Cap Rate 7%
$341,429 $341.4K
Cap Rate 9%
$265,556 $265.6K
Market Conditions
NOI Build-Up for 4,100 SF
Gross rent
$38.9K $9.48/SF
− Vacancy
−$2.1K −$0.51/SF
EGI
$36.8K $8.97/SF
− OpEx
−$12.9K −$3.14/SF
NOI
$23.9K $5.83/SF
Area
Pickens County, GA
Vacancy
5.40%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,000
Cap Rate 7%
$341,429
Cap Rate 9%
$265,556

Alternative Uses

Best Use
Retail
$823.8K
$720.9K – $961.1K (±1% cap)
NOI $57,668 @ 7.0% cap · market cap 1,534.54%
Second Best
Warehouse
$430.0K
$376.2K – $501.6K (±1% cap)
NOI $30,097 @ 7.0% cap · market cap 800.88%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,227 @ 7.0% cap · market cap 2,134.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Locksmith Barber Shop Garden Center Home Appliance Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

306
Businesses Nearby
Well-served
Demand for This Use

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
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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Flexible commercial space combines warehouse, showroom, office, and restroom areas.
Where is this flex space located?
The property is located at 62 Ralph Hicks Circle Jasper, GA.
What are key features of this property?
This property features: 4,100 SF warehouse space; Built in 2021 on 0.46 acres; Drive‑in door for warehouse access
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