Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1141 Franklin St Hartwell, GA 30643

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1141 Franklin St Hartwell, GA 30643

    View on Map
    • Mixed-use properties
    • 10.70 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • U-Haul Neighborhood Dealer / Car Rental Facility
    • R & D Car Wash / Car Wash
    • Tires Guaranteed / (Bike/Boat/Book/etc) Store / Auto Parts Store

    Property Details for 1141 Franklin St

    Lot size
    10.70 lot acres
    Property type
    Mixed-use properties
    Property subtype
    Land

    Description

    This exceptional 10.7-acre commercial property in Hartwell, Georgia, presents a remarkable investment and redevelopment opportunity. Strategically located on Highway 29, directly across from Adams Square Shopping Center and 0.7 miles from a Super Walmart, this site boasts impressive visibility and accessibility. Daily traffic counts average approximately 17,600 vehicles, ensuring high exposure for any future development. The property offers two convenient points of ingress and egress via Old Highway 29 and East Franklin Road. Included in the sale is a fully operational and equipped car wash facility with an established customer base, adding immediate income potential. The property is zoned commercial and is situated just 2.5 miles from Lake Hartwell, offering additional development possibilities. This prime location, combined with the existing car wash and high traffic volume, makes this a truly unique investment opportunity with significant upside potential. The asking price is $1,425,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hartwell
    County
    Hart
    State
    Georgia
    Longitude
    -82.9112
    Latitude
    34.3552

    Comparable in this City

    • Value Estimation by Request
      64.23 Acres

      Milltown Rd

      Land • 64.23 Acres
      0 Milltown Rd, Hartwell, GA 30643
      View Details
    • Value Estimation by Request
      4,000 SF

      45 Cleveland Ave

      MINI-WAREHOUSE, STORAGE • 4,000 SF
      45 Cleveland Ave, Hartwell, GA 30643-2227
      View Details
    • Value Estimation by Request
      1,610 SF

      1st St

      MINI-WAREHOUSE, STORAGE • 1,610 SF
      1st St, Hartwell, GA 30643
      View Details
    • Value Estimation by Request
      2,400 SF

      101 Parkdale Dr

      MINI-WAREHOUSE, STORAGE • 2,400 SF
      101 Parkdale Dr, Hartwell, GA 30643
      View Details
    • Value Estimation
      $10,010,000
      500,076 SF

      266 Industrial Park Rd

      MINI-WAREHOUSE, STORAGE • 500,076 SF
      266 Industrial Park Rd, Hartwell, GA 30643-7343
      View Details
    • Value Estimation by Request
      4,000 SF

      4833 Anderson Hwy

      MINI-WAREHOUSE, STORAGE • 4,000 SF
      4833 Anderson Hwy, Hartwell, GA 30643-5251
      View Details

    Similar Nearby for Sale

    • $330,000

      Historic Downtown District Retail Opportunity

      4800 sq ft mixed-use space in historic downtown district.
      41 Depot St, Hartwell, GA 30643
      View Details
    • Contact for pricing
      0.21 Acres

      Wooded Lot in Hartwell, GA

      Serene wooded lot with paved road access in Hartwell, GA.
      Teasley St, Hartwell, GA 30643
      View Details
    • $275,000
      20.00 Acres

      20 Acres Vacant Land

      20-acre tract near downtown Hartwell and Lake Hartwell.
      Tract 1 Melody Ln, Hartwell, GA 30643
      View Details
    • $150,000
      0.56 Acres

      Lakefront Lot in Majestic Shores

      Lakefront lot with community dock access in Hartwell, Georgia.
      Majestic Shores Rd, Hartwell, GA 30643
      View Details
    • $312,500

      Land for Sale in Hartwell

      Land tract available in Hartwell, Georgia.
      2 Cedar Creek Cir, Hartwell, GA 30643
      View Details
    • $150,000
      0.50 Acres

      Lakefront Lot in Majestic Shores

      Upscale lakefront lot with community dock access near Hartwell.
      Majestic Shores Rd, Hartwell, GA 30643
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Renovated Mixed-Use Retail Space

      Prime retail space in Hartwell's vibrant downtown district.
      34 Depot St, Hartwell, GA 30643
      View Details
    • $5,600 /Mo
      6,534 SF

      Renovated Mixed-Use Retail Space

      Prime retail space in Hartwell's vibrant downtown district.
      34 Depot St, Hartwell, GA 30643
      View Details
    • $4 SF/Yr

      Hartwell Warehouse Space Available

      15,000 SF warehouse space for lease in Hartwell, GA.
      786 Vickery St, Hartwell, GA 30643
      View Details
    • Contact for pricing
      43,962 SF

      Industrial Space Near I-85

      Industrial space for lease, suitable for manufacturing or warehousing.
      544 Winfield Cir, Hartwell, GA 30643
      View Details
    • Contact for pricing

      Hartwell Retail and Land Opportunity

      Retail and land available in growing Hartwell market.
      1541 Anderson Hwy, Hartwell, GA 30643
      View Details
    • Contact for pricing

      Commercial Property for Lease

      Commercial property available for lease in Hartwell, Georgia.
      544 Winfield Cir, Hartwell, GA 30643
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1141 Franklin St
    Hartwell, GA 30643
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!