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    311 Jonah Ln Jasper, GA 30143

    Sponsored
    For Sale
    $1,500,000

    8-Unit Retail/Office Complex, High Growth Area

    Property size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents two, four-unit brick buildings totaling 8,000 square feet of rentable space in Jasper, Georgia. Each unit offers 1,000 square feet, featuring office, warehouse, and bathroom amenities. Convenient rear delivery doors enhance operational efficiency. Situated on a spacious 1.96-acre lot, this property boasts a prime location adjacent to a new 143-unit apartment complex currently under construction, ensuring a robust tenant pool and high occupancy potential. The buildings, constructed in 2018, are classified as Class B and are zoned for commercial use. Currently, the property has a 50% occupancy rate with eight units, each under a two-year lease at $1,500 per month. The lease type is NNN, and tenants are credit-rated. The asking price is $1,500,000, representing a compelling sale/leaseback investment with long-term potential. The limited availability of comparable small-space rentals (1,000 sq ft) in Jasper, GA, further strengthens this investment's appeal. This property offers an ideal opportunity for investors seeking a stable income stream and significant upside potential in a rapidly developing area. The property features four parking spaces per unit. The property is owned by Jonah Lane Commercial LLC and the APN is 030D 094 027.

    Property Features for 311 Jonah Ln

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,000 SF
    Class
    B
    Lot Size
    85,378 SF

    Building Details

    Year Built
    2018
    Buildings
    2
    Stories
    1
    Units
    8

    HighLights

    • Eight 1,000 sq ft units ideal for service businesses catering to a new 143‑unit apartment complex under construction.
    • High demand for small (1,000 sq ft) spaces in Jasper, GA's rental market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Hair Salon Nail Salon Clothing Store Gym & Fitness Pharmacy Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Jasper
    County
    Pickens
    State
    Georgia
    Longitude
    -84.454281158437
    Latitude
    34.473639467375

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    FAQs

    What type of property is this?
    Individual retail property - 8-Unit Retail/Office Complex, High Growth Area
    Where is this individual retail property located?
    The property is located at 311 Jonah Ln Jasper, GA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Eight 1,000 sq ft units ideal for service businesses catering to a new 143-unit apartment complex under construction.; High demand for small (1,000 sq ft) spaces in Jasper, GA's rental market.;
    Request Owner's contact information
    311 Jonah Ln Jasper, GA 30143
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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
    311 Jonah Ln Jasper, GA 30143
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