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    Property profile & analytics

    1115 Elm St Commerce, GA 30529-2843

    • Medical offices
    • 3,400 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Location Intelligence
    Property ID
    US22-2111046
    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

    • Jon M. Milford, OD / Optometrist
    • Haden Eye Center / Optometrist / Eye Care Center
    • Derek Haden / Optometrist
    • Dr. Roy Doss / Optometrist / Practitioner Service Location

    Property Details for 1115 Elm St

    Year built
    2005
    Construction
    STEEL FRAME
    Lot size
    0.46 lot acres
    Property size
    3,400 SF
    Zone code
    OCR
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    C12 044
    APU
    C12044

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $230,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $260,000
      Mixed-Use
      $210,000
      Hospitality
      $265,000
      Educational
      $225,000
      Residential Income
      $195,000
      Energy
      $210,000
      Income-Based Land
      $235,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Jackson
    State
    Georgia
    Longitude
    -83.4508
    Latitude
    34.1966
    CBSA code
    27600
    CBSA name
    JEFFERSON, GA MICROPOLITAN 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
    $5,984
    $96,160
    $105,960
    $202,120
    -
    $240,400
    $264,900
    $505,300

    Comparable in this City

    • Value Estimation
      $290,000
      2,780 SF

      1397 Elm St

      MEDICAL BUILDING • 2,780 SF
      1397 Elm St, Commerce, GA 30529-2841
      View Details
    • Value Estimation
      $170,000
      0.49 Acres

      641 Hospital Rd

      MEDICAL BUILDING • 0.49 Acres
      641 Hospital Rd, Commerce, GA 30529-1155
      View Details
    • Value Estimation
      $300,000
      6,000 SF

      201 Mercer Pl

      MEDICAL BUILDING • 6,000 SF
      201 Mercer Pl, Commerce, GA 30529-1564
      View Details
    • Value Estimation
      $160,000
      1,495 SF

      1797 Elm St

      MEDICAL BUILDING • 1,495 SF
      1797 Elm St, Commerce, GA 30529-2351
      View Details
    • Value Estimation
      $195,000
      2,138 SF

      701 Hospital Rd

      MEDICAL BUILDING • 2,138 SF
      701 Hospital Rd, Commerce, GA 30529-1166
      View Details
    • Value Estimation
      $715,000
      6,400 SF

      611 Hospital Rd

      MEDICAL BUILDING • 6,400 SF
      611 Hospital Rd, Commerce, GA 30529-1143
      View Details

    Similar Nearby for Sale

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    • $895,000
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      Downtown Commerce Two-Story Office Building

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    • $295,000
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      Updated Commercial Building in Commerce

      Turn-key commercial building with flexible C2 zoning and fenced yard.
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      Downtown Commerce Commercial Opportunity

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    Similar Nearby for Lease

    • $5,750 /Mo
      3,000 SF

      Medical Office in Banks Crossing

      3000 sq ft medical office in high-traffic area.
      2151 Homer Rd Unit, Commerce, GA 30529
      View Details
    • $3 SF/Yr
      300,000 SF

      Historic Harmony Grove Mill Redevelopment

      Historic mill in downtown Commerce, suitable for mixed-use redevelopment.
      821 South Broad Street Ext, Commerce, GA 30529
      View Details
    • $1,800 /Mo
      13,620 SF

      Downtown Commerce Office Space Available

      Office space in downtown Commerce with private offices, kitchenette.
      2355 N Elm St, Commerce, GA 30529
      View Details
    • Contact for pricing
      8 SF

      8 Acre Graded Pad Ready Site

      8 acre graded, pad-ready site for sale or build-to-suit.
      200 Hardman Orchard Rd, Commerce, GA 30529
      View Details
    • Contact for pricing
      252,410 SF

      Commerce Industrial Land for Lease

      Industrial land available for lease in Commerce, Georgia.
      21 Cold Sassy Rd, Commerce, GA 30529
      View Details
    • Contact for pricing
      2 SF

      Land for Lease or Build-to-Suit

      2+/- acres ideal for retail, restaurant, or truck parking.
      5188 Maysville Rd, Commerce, GA 30529
      View Details
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    Commerce, GA 30529-2843
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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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