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    1350 Appling Harlem Rd Harlem, GA 30814

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    For Lease
    Contact for pricing

    New 2023 retail building, 5 spaces available. High traffic location.

    Lot size:
    7,085 SF

    Property Features for 1350 Appling Harlem Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,085 SF
    Total Rate
    19483.75

    Building Details

    Year Built
    2023
    Stories
    1

    Spaces For Lease

    at 1350 Appling Harlem Rd, Harlem, GA 30814 Contact us
    Unit Suite H

    $33 /Mo

    Size
    1,208 SF
    Contact us
    Unit Suite J

    $33 /Mo

    Size
    1,567 SF
    Contact us
    Unit Suite I

    $33 /Mo

    Size
    1,220 SF
    Contact us
    Unit Suite F

    $33 /Mo

    Size
    1,873 SF
    Contact us
    Unit Suite G

    $33 /Mo

    Size
    1,217 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Lionel Prather
    Lionel Prather

    Listing Agent: Lionel Prather

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 7,085-square-foot retail building, completed in 2023, presents a unique investment opportunity in the thriving Greenpoint Commercial District of Columbia County. Located in a Planned Unit Development (PUD), this single-story building offers five available spaces ranging from 1,208 to 1,873 square feet, ideal for a variety of retail uses. The property boasts a prime location just half a mile south of I-20 and US 221, benefiting from exceptional visibility and high traffic counts exceeding 10,000 vehicles daily. The 3-acre lot provides ample space and potential for outdoor seating, particularly advantageous for the two restaurant spaces planned with patio areas. Grease traps are included in the building's design. This development is strategically situated within the larger 1,000-acre Greenpoint PUD, a master-planned community encompassing 2,000 planned homes. The proximity to a recently opened (2021) and fully operational (January 2022) Amazon Fulfillment Center, employing over 3,000 workers, ensures a robust and growing customer base. This is the only retail space planned for lease at the I-20 Exit 183 Interchange, making it a truly exceptional opportunity. The property's APN is 29-37B and is zoned PUD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store HVAC Service Grocery & Convenience Store Daycare Center Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Harlem
    County
    Columbia
    State
    Georgia
    Longitude
    -82.316614
    Latitude
    33.487359

    FAQs

    What type of property is this?
    Individual retail property - New 2023 retail building, 5 spaces available. High traffic location.
    Where is this individual retail property located?
    The property is located at 1350 Appling Harlem Rd Harlem, GA.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    What are key features of this property?
    This property features: 7,085 SF retail building in Harlem submarket, Columbia County.; Located within the Greenpoint Planned Unit Development (PUD).; Half-mile south of I-20 and US 221, with over 10,000 vehicles passing daily.
    (706) 799-9286 Call to check price and availability
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    1350 Appling Harlem Rd Harlem, GA 30814
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    Harlem, GA 30814
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1350 Appling Harlem Rd Harlem, GA 30814
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Lionel Prather
    Lionel Prather
    Real Estate License ID: 207791
    (706) 799-9286
    Learn more
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