3890 Steve Tate Hwy Marble Hill, GA 30148
This exceptional 2,272 sq ft creative office space in Marble Hill, GA, is situated on a 1.7-acre lot and offers significant redevelopment potential. The property, built in 1988, includes a main building with a large house featuring a welcoming area, fully operational kitchen, three bedrooms, three baths, and a two-car garage. Three additional outbuildings, two of which are air-conditioned, provide ample workshop and storage space. The property's Class B designation presents an opportunity for value enhancement. Currently vacant, this owner-user investment allows for immediate occupancy and customization. Its prime location adjacent to the North Gate Station Shopping Center and across from the Big Canoe residential development at the North Gate ensures high visibility and accessibility. The property is zoned commercial (C) and has the potential to generate substantial rental income from the house and outbuildings, estimated at approximately $3,500 per month. The existing billboard also contributes to potential income streams. This versatile property is ideal for a residential or commercial contractor seeking a prominent location with ample space and income potential. The asking price is $499,000, translating to $219.63 per square foot. The property consists of four buildings across two stories. The seller may consider leasing back one outbuilding for $600 per month.
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
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.