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Property profile & analytics
OFF-MARKET
Retail space

24 Ila Rd Commerce, GA 30529-2564

15,300 SF 3.32 ac lot Built 1972
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US22-2692564
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1972
Construction STEEL FRAME
Total area 15,300 SF
Lot 3.32 ac (144,619 SF)
Zoning code C-2
APN C01 024
UPID US22-2692564
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
  • ATM Atm
  • Resurrected Roofing Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Ms Express LLC · 4 yrs held
Ms Express LLC
since 2021
Last sale
$437,500
6 recorded transactions
2021
$492,500
2021
Price N/A
2018
$250,000
2018
Price N/A
2011
Price N/A
2011
Price N/A
Zoning & alternative use
C-2 · Commerce, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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