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    Property profile & analytics

    1862 Historic Homer Hwy Commerce, GA 30529-6338

    • Retail space
    • 1,560 SF
    • 1.74 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US22-3557557
    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

    • Retail space

    Property Details for 1862 Historic Homer Hwy

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.74 lot acres
    Property size
    1,560 SF
    Zone code
    ARR
    Property type
    Retail space
    APN
    B52G021
    APU
    B52G021

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Banks
    State
    Georgia
    Longitude
    -83.4789
    Latitude
    34.2964

    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
    $435
    $8,700
    $12,654
    $21,354
    -
    $21,750
    $31,634
    $53,384

    Comparable in this City

    • Value Estimation
      $280,000
      1,077 SF

      2715 Old Maysville Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,077 SF
      2715 Old Maysville Rd, Commerce, GA 30529-1620
      View Details
    • Value Estimation
      $215,000
      4,516 SF

      1782 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 4,516 SF
      1782 Broad St, Commerce, GA 30529-1940
      View Details
    • Value Estimation
      $225,000
      4,465 SF

      407 Elm St

      RETAIL STORES (PERSONAL SERVICES) • 4,465 SF
      407 Elm St, Commerce, GA 30529-3296
      View Details
    • Value Estimation
      $440,000
      5,000 SF

      2300 Hwy 441st S

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      2300 Hwy 441st S, Commerce, GA 30529
      View Details
    • Value Estimation
      $525,000
      5,760 SF

      3260 Maysville Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,760 SF
      3260 Maysville Rd, Commerce, GA 30529-1367
      View Details
    • Value Estimation
      $45,000
      7,855 SF

      47 State St

      RETAIL STORES (PERSONAL SERVICES) • 7,855 SF
      47 State St, Commerce, GA 30529-1920
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
      1.40 Acres

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      Prime development land near major retailers.
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    • $2,750,000
      2.99 Acres

      Prime Commerce, GA Office Complex

      Executive Office Buildings, High Growth Area
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      Strip mall with 6 leases in place on 13+ acres.
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    Similar Nearby for Lease

    • $1,500 /Mo
      3,948 SF

      Retail Space in Commerce, GA

      Retail space available in a high-traffic area of Commerce.
      211 Homer Rd, 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
    • $8 SF/Yr
      90,000 SF

      Commerce GA Industrial Property

      90,000 SF Flex Space, 2 Suites Available
      255 Homer St, Commerce, GA 30529
      View Details
    • Contact for pricing
      114,246 SF

      Commerce Crossing Retail Center

      High-traffic retail space near Tanger Outlets
      199 Pottery Factory Dr, 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 30529-6338
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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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