Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    97 Cedar Sta Dr Nicholson, GA 30565

    Property Lookup

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

    97 Cedar Sta Dr Nicholson, GA 30565

    View on Map
    • Retail properties & Spaces
    • 3,200 SF
    • 10.35 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 97 Cedar Sta Dr

    Year built
    2006
    Lot size
    10.35 lot acres
    Property size
    3,200 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Office properties & Spaces

    Description

    This exceptional mixed-use property, located at 97 Cedar Station Drive in Nicholson, Georgia, presents a rare investment opportunity. The 3,200 square foot building, constructed in 2006, sits on a sprawling 10.35-acre lot boasting mature hardwoods and convenient Highway 441 frontage. The open floor plan offers remarkable versatility, suitable for a wide range of commercial ventures. Envision a thriving wedding venue, event space, brewery, custom shop, or other lucrative retail establishment. The property's potential is truly limitless. The current owner has already secured city approval for extensive wedding venue plans, including a poured and plumbed slab for bathrooms. Site preparation is well underway, with a cleared and graveled parking lot and a concrete floor throughout the building. A picturesque creek flows along the northern edge of the property, adding to its natural beauty and charm. This is a unique chance to acquire a substantial property with significant upside potential in a desirable location. The property is zoned for mixed-use and offers ample space for expansion or further development. Don't miss this opportunity to own a piece of Jackson County's vibrant commercial landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nicholson
    County
    Jackson - GA
    State
    Georgia
    Longitude
    -83.4003
    Latitude
    34.0874

    Comparable in this City

    • Value Estimation by Request
      2,760 SF

      55 Pace Dr

      Distribution properties • 2,760 SF
      55 Pace Dr, Nicholson, GA 30565
      View Details
    • Value Estimation by Request
      100 SF

      Highway 441

      Retail properties & Spaces • 100 SF
      Highway 441, Nicholson, GA 30565
      View Details
    • Value Estimation by Request
      2,240 SF

      6158 Hwy 441

      OFFICE BUILDING • 2,240 SF
      6158 Hwy 441, Nicholson, GA 30565-2713
      View Details
    • Value Estimation by Request
      5.00 Acres

      92 Brks Dr

      COMMERCIAL (GENERAL) • 5.00 Acres
      92 Brks Dr, Nicholson, GA 30565-3180
      View Details
    • Value Estimation by Request
      2,040 SF

      5566 Hwy 441

      AUTO REPAIR, GARAGE • 2,040 SF
      5566 Hwy 441, Nicholson, GA 30565-2068
      View Details
    • Value Estimation by Request
      6,512 SF

      5414 Hwy 441

      WHOLESALE OUTLET, DISCOUNT STORE • 6,512 SF
      5414 Hwy 441, Nicholson, GA 30565-2067
      View Details

    Similar Nearby for Sale

    • $235,000
      1,140 SF

      Nicholson Commercial Property For Sale

      Income-producing commercial property with long-term post office lease.
      156 Lakeview Dr, Nicholson, GA 30565
      View Details
    • New
      $189,000
      8.00 Acres

      Nicholson, GA Estate Lot

      Large estate lot with lake access near Commerce and Athens.
      Sanford Oak Ct, Nicholson, GA 30565
      View Details
    • $148,000
      3.13 Acres

      Nicholson, GA Land Parcel

      3.13-acre lot perfect for building a dream home.
      140 Levi Trl, Nicholson, GA 30565
      View Details
    • Contact for pricing

      31 Acres Commercial Land on Hwy

      31 acres of commercial land with rail access on Hwy
      Us-441, Nicholson, GA 30565
      View Details
    • $575,000
      Pending

      Highway 441 Acreage Opportunity

      Commercial/residential acreage on Hwy 441 with rail frontage.
      Highway 441, Nicholson, GA 30565
      View Details
    • $289,900
      Pending

      Nicholson, GA Open Land

      4.7 acres of open land with shop building.
      8541 Highway 334, Nicholson, GA 30565
      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.
    97 Cedar Sta Dr
    Nicholson, GA 30565
    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!