Technical
Financial
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Property profile

117 Cornett Ln S Jasper, GA 30143

FOR SALE
Commercial land
Property ID
US22-0520666
3.98 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3.98-acre commercial land parcel is situated at 117 Cornett Lane South in Jasper, Georgia, and presents a remarkable investment opportunity. The property boasts convenient highway access, featuring a curb cut, deceleration lane, and cross-highway lane turn directly onto Highway 515, a major thoroughfare leading to the North Georgia Mountains. This high-traffic location sees approximately 29,000 vehicles daily, ensuring significant visibility and accessibility for any commercial venture. The lot itself is flat and level, simplifying development and minimizing site preparation costs. The property is zoned for commercial use, making it ideal for a warehouse or other commercial buildings. All utilities are readily available, with sewer lines located nearby. The asking price for this exceptional property is $1,000,000. The property's APN is 053D 035. This is a for sale by owner listing. This prime location and the flat, level nature of the land make this a truly unique opportunity for commercial development in a thriving area.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 3.98 ac (173,369 SF)
Zoning code C-2
APN 053D-035
UPID US22-0520666

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

117 Cornett Ln S Jasper, GA 30143
Jasper metro Census 50500 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2022
$350,000
2019
Price N/A
2016
$199,000
2015
$300,000
2013
$105,100
2013
$105,050

Zoning & alternative use

C-2 · Jasper, GA
Zoning description

C-2 General commercial CBD Central business district M-1 General industry (a) Residential agriculture (R-A). The purpose of the R-A district is to permit a combination of low-density residential uses of various types, li…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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