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    150 Pearl Dr Naomi, GA 30728

    For Sale
    $1,999,000

    20,000 SF Flex Space, Vacant, $1.99M

    Property size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 20,000-square-foot commercial property, located at 150 Pearl Drive in LaFayette, Georgia, presents a phenomenal investment opportunity. Situated on a 3.04-acre lot, this single-story, 2007-built building boasts a 12-foot ceiling height and ample parking for 50 vehicles. The property is zoned B-2 and offers versatile space suitable for a variety of uses, including flex, R&D, and warehouse applications. Currently vacant, this property is ready for immediate occupancy. The building features multiple spaces, including a completed 3,000-square-foot restaurant space, two 5,000-square-foot spaces, and one 7,000-square-foot space that can be subdivided. Its prime location directly off Highway 27, adjacent to a Walmart Supercenter, ensures high visibility and accessibility. The area is experiencing significant growth, with a new residential subdivision planned for completion in 2025, further enhancing the property's long-term value. The asking price is $1,999,000, translating to $105 per square foot. This represents a compelling opportunity to acquire a well-located, versatile commercial property in a thriving market. The property's APN is 10034 006.

    Property Features for 150 Pearl Dr

    General Information

    Property type
    Life science properties
    Square Feet
    20,000 SF
    Lot Size
    132,422 SF

    Building Details

    Year Built/Renovated
    2007/2007
    Buildings
    1
    Stories
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Naomi
    County
    Walker
    State
    Georgia
    Longitude
    -85.272201625417
    Latitude
    34.747280280658

    Nearby Comparable

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    • $450,000
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      Commercial Land on US 27

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      View Details

    FAQs

    What type of property is this?
    Life science property - 20,000 SF Flex Space, Vacant, $1.99M
    Where is this life science property located?
    The property is located at 150 Pearl Dr Naomi, GA.
    What is the asking price?
    The asking price for this property is $1,999,000.
    Request Owner's contact information
    150 Pearl Dr Naomi, GA 30728
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    Naomi, GA 30728
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    150 Pearl Dr Naomi, GA 30728
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