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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

311 Jonah Ln Jasper, GA 30143

1,000 SF 1.96 ac lot Built 2018
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 2018
Total area 1,000 SF
Lot 1.96 ac (85,378 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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