Property profile

144 Commerce Pkwy Cornelia, GA 30531

OFF-MARKET
Office Spaces
Property ID
US22-1439475
4,600 SF 1.05 ac lot Built 2003
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This well-maintained 4,000 square foot commercial building in Cornelia, Georgia, presents a unique investment opportunity. Situated on a 1.05-acre lot, the property offers exceptional versatility. The building's design allows for flexible use, accommodating either a single large commercial tenant or division into three separate businesses, each with its own dedicated entrance. The interior comprises fifteen potential offices and four bathrooms, catering to a wide range of business needs. Its prime location near the town center, restaurants, and schools ensures high visibility and accessibility. A significant advantage is the ample paved parking lot, providing convenient parking for customers and employees. The property's excellent condition and strategic location combine to create a compelling proposition for both owner-occupiers and investors seeking strong rental income potential. The asking price of $599,900 reflects the building's size, features, and location within this thriving community. This is a rare opportunity to acquire a substantial commercial property in a desirable area.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2003
Construction FRAME
Total area 4,600 SF
Lot 1.05 ac (45,738 SF)
Zoning code HI
APN 082 038W
UPID US22-1439475

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Electrical Service General Contractor
  • Food Bank Charitable Organization
  • Insurance Agency

Location

144 Commerce Pkwy Cornelia, GA 30531-5357
Cornelia metro Census 502 CORNELIA, GA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$650k

Owner & transaction history

since 2026
Last sale
$289,300
6 recorded transactions
2026
$360,000
2025
$289,300
2025
Price N/A
2024
$650,000
2021
Price N/A
2010
$170,000

Zoning & alternative use

HI · Cornelia, GA
Zoning description

Section 42-56. HI, Heavy Industrial District. 42-56.1. Purpose and Intent. The HI, Heavy Industrial zoning district is established with the purpose of reserving certain areas with relatively level topography, adequate wa…

General category INDUSTRIAL

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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