Technical
Financial
Distress signals
Property profile

1745 Hwy 53rd W Jasper, GA 30143

OFF-MARKET
Office buildings
Property ID
US22-1161357
1,539 SF 1.42 ac lot Built 1982
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1.42-acre commercial land parcel presents a unique ground lease opportunity in the thriving city of Jasper, Georgia. Located at 1745 Hwy 53, this property boasts a highly desirable C3 commercial zoning designation, opening doors to a wide array of development possibilities. The expansive lot size provides ample space for various commercial ventures, from executive office buildings to retail establishments or other suitable uses permitted under the C3 zoning. Situated in Pickens County, this location offers convenient access to major transportation routes, ensuring high visibility and accessibility for any future development. The single-tenant nature of the land provides a streamlined approach to development and management. This prime location in Jasper, GA, offers a compelling investment prospect for those seeking a strategic foothold in a growing market. The property's address is 1745 Hwy 53, Jasper, GA 30143, and its coordinates are 34.4647658 latitude and -84.4597225 longitude. The total land area is 1.42 acres, providing significant potential for a substantial commercial project. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is zoned C3 – Commercial, ensuring flexibility in development plans. This is a ground lease opportunity.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction WOOD
Total area 1,539 SF
Lot 1.42 ac (61,855 SF)
Zoning code C-2
APN 041-047
UPID US22-1161357

Cap rate & NOI

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

Location

1745 Hwy 53rd W Jasper, GA 30143-3982
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
$525k
CAP Approach CAP
$340k
Comparable Approach Comparable
$347k
Blend (final) Blend
$525k

Owner & transaction history

since 2024
Last sale
$525,250
7 recorded transactions
2024
$525,250
2018
Price N/A
2017
Price N/A
2017
Price N/A
2014
$460,000
2014
$460,000
1969
Price N/A

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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