311 Jonah Ln Jasper, GA 30143
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.