2264 Highway 53 Jasper, GA 30143
For Sale
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This exceptional 43.26-acre commercial property in Jasper, Georgia, presents a significant development opportunity. Located on Highway 53 West, this strategically positioned parcel boasts approximately 1,715 feet of road frontage and is conveniently situated less than half a mile from Interstate 515. The property is zoned "Highway Business" and includes two existing commercial metal buildings, each measuring approximately 7,140 square feet. Currently leased at $5,000 per month each, these buildings generate consistent income. The property is serviced by city water, electricity, gas, phone, and internet, with septic systems in place. This highly desirable location is near a major shopping center with various retail and restaurant options, making it an ideal site for expansion or redevelopment. Built in 1989, this property represents one of the few remaining large acreage tracts near Jasper's center, offering unparalleled potential for growth and investment. The asking price is $8,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.