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    106 Pearl Dr Naomi, GA 30728

    • Commercial real estate
    • 40,208 SF
    • 3.96 lot acres
    For Lease
    View listing
    Value Estimation
    $2,465,000
    Last Sale
    Nov 04, 2022
    $2,300,000
    Location Intelligence
    Property ID
    US22-1600486
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Master Seo's Top Martial Arts / Martial Arts School
    • VIPcare Ready Clinic - Lafayette / Medical Clinic
    • Performance Physical Therapy / Physical Therapy Clinic / Physical Therapist
    • North Georgia Vision Center Inc / Optician
    • IMPACT Salon / Hair Salon

    Property Details for 106 Pearl Dr

    Year built
    2006
    Lot size
    3.96 lot acres
    Property size
    40,208 SF
    Zone code
    B2
    Property type
    Commercial real estate
    APN
    10034 007
    APU
    10034007

    Description

    This exceptional 40,000 square foot retail, office, and special purpose property, located at 106 Pearl Dr, LaFayette, GA 30728, presents a unique investment opportunity. Built in 2007 and extensively renovated in 2023, the center boasts a prime location in Walker County's Lafayette GA Best Retail area, directly adjacent to a Walmart and benefiting from high customer traffic. Currently, 15,000 square feet of space is available, ideal for a single tenant or divisible for multiple occupants. The property features 30 parking spaces and is zoned for retail commercial use. The building's recent exterior renovation enhances its curb appeal and visibility. This is the only large shopping complex in the area, further amplified by the construction of 200 new homes directly behind the center, ensuring a growing customer base. The large, finished space is ready for immediate occupancy, offering excellent exposure to customers on the main drive. The property's multiple suites offer flexibility for various business needs.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,535,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,405,000
      6.5%
      $2,380,000
      7%
      $2,145,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,250,000
      Geo Method
      $2,570,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,355,000
      Retail
      $2,810,000
      Mixed-Use
      $2,365,000
      Hospitality
      $2,235,000
      Educational
      $2,305,000
      Residential Income
      $2,415,000
      Energy
      $2,815,000
      Income-Based Land
      $2,510,000
      Food Service
      $2,375,000

    Location Insight

    • Map
    • Local Demand
    City
    La Fayette
    County
    Walker
    State
    Georgia
    Longitude
    -85.271
    Latitude
    34.7476
    CBSA code
    16860
    CBSA name
    CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,583
    $99,600
    $826,442
    $926,042
    -
    $249,000
    $2,066,104
    $2,315,104

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
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      3428 Foster Ml Dr

      COMMERCIAL (GENERAL) • 2,176 SF
      3428 Foster Ml Dr, La Fayette, GA 30728-4375
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
      40,000 SF

      Prime Lafayette Retail Center

      15,000 SF Available, High Visibility
      106 Pearl Dr, Naomi, GA 30728
      View Details
    • $14 SF/Yr
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    Naomi, GA 30728
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    Realmo Value Estimation

    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.

    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.

    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
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