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Property profile & analytics
FOR LEASE
Warehouses

199 Pottery Factory Dr Commerce, GA 30529

114,246 SF 15.02 ac lot Built 1989
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-3550701
Property summary
AI-generated overview

Commerce Crossing, a retail center in Banks County, offers exceptional visibility and accessibility. Strategically located directly off I-85 on US Hwy 441/SR 15, this property boasts combined daily traffic counts of 65,000 vehicles. The 114,246 square foot center features two suites, with 7,600 square feet currently vacant. Spaces are available in sizes ranging from a minimum of 2,000 square feet to a maximum contiguous space of 5,600 square feet, making it ideal for a variety of retail businesses. Built in 1989, the center benefits from its proximity to the popular Tanger Outlet Mall, driving significant foot traffic and brand recognition. This prime location offers a great opportunity for businesses to thrive in a rapidly growing market. Current tenants include national retailers such as GNC, AT&T, Little Caesars, and Metro PCS. A second-generation endcap restaurant space will become available in the fall of 2024. This presents a unique chance to establish a presence in a high-demand area with excellent visibility and established customer base. The property's location ensures high exposure and accessibility for potential customers.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1989
Construction STEEL FRAME
Total area 114,246 SF
Lot 15.02 ac (654,271 SF)
Zoning code C2
APN B55 002
UPID US22-3550701
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Little Caesars Pizza Restaurant
  • Xhale City - Commerce (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Commerce Crossing Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.52M
Owner & transaction history
Hp Commerce LLC · 19 yrs held
Hp Commerce LLC
since 2007
2 recorded transactions
2021
Price N/A
2007
$5.6M
Zoning & alternative use
C2 · Commerce, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Sec. 2-212. C-2, General Commercial District. (a) Purpose and intent. The C-2 zoning district is intended to accommodate commercial uses that primarily serve the public traveling by automobile and which benefit from direct access to highways. This district is intended to accommodate a variety of commercial uses that are more intense than neighborhood retail…

Zone name General Commercial District
General category COMMERCIAL
Zone area 1,068.69 ac
Source Zoning Ordinance
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