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    Property profile & analytics

    24 Ila Rd Commerce, GA 30529-2564

    • Retail space
    • 15,300 SF
    • 3.32 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Last Sale
    Nov 05, 2021
    $437,500
    Location Intelligence
    Property ID
    US22-2692564
    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

    • ATM / Atm
    • Resurrected Roofing / Roofing Contractor / Construction Company

    Property Details for 24 Ila Rd

    Year built
    1972
    Construction
    STEEL FRAME
    Lot size
    3.32 lot acres
    Property size
    15,300 SF
    Zone code
    C-2
    Property type
    Retail space
    APN
    C01 024
    APU
    C01024

    Description

    24 Ila Road, Commerce, Georgia presents a fantastic opportunity to acquire a well-maintained, single-tenant office space. This 900 square foot property is situated within a five-unit shopping center in Jackson County, a region experiencing rapid growth. The building, constructed in 1972, boasts a spacious, carpeted open main lobby area, perfect for a welcoming reception. Additional features include a dedicated reception area, a convenient bathroom, and a functional utility room. Ample parking is available with over 30 spaces provided for tenants and clients. The property's location offers excellent visibility and accessibility, enhanced by over 250 feet of road frontage. The property sits on 0.1 acres of land and is zoned for commercial use. The building's single-tenant occupancy provides a straightforward and efficient ownership structure. The property's APN is C01 024. This is an ideal space for a variety of businesses seeking a well-located and functional office in a thriving area. The property type is listed as Retail and Office, with the subtype specified as Traditional Office.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $430,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $385,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $450,000
      Geo Method
      $345,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $395,000
      Mixed-Use
      $395,000
      Hospitality
      $440,000
      Educational
      $440,000
      Residential Income
      $350,000
      Energy
      $385,000
      Income-Based Land
      $345,000
      Food Service
      $450,000

    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Jackson
    State
    Georgia
    Longitude
    -83.4436
    Latitude
    34.1905
    CBSA code
    27600
    CBSA name
    JEFFERSON, GA MICROPOLITAN STATISTICAL AREA

    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
    $6,139
    $100,320
    $107,028
    $207,348
    -
    $250,800
    $267,570
    $518,370

    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

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    24 Ila Rd
    Commerce, GA 30529-2564
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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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