255 Homer St, Commerce, GA 30529
- Warehouses
- 78,339 SF
- 12.72 lot acres
Current Use by Public Records
- Pavo Corporation / Industrial Manufacturer
Property Details for 255 Homer St
- Year built
- 1966
- Lot size
- 12.72 lot acres
- Zone code
- 1
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- C14 130
- APU
- C14130
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 14, 2023 | $4,625,000 | 255 Homer LLC | Pavo Corporation | Limited Warranty Deed | $7.7M · Southstate Bank |
| Jul 14, 2017 | $650,000 | Pavo Corp | David Wilson | Warranty Deed | $765k · Oconee State Bank |
| Dec 13, 2012 | $200,000 | Black Bear Commercial Prop LLC | Nevil,christine | Grant Deed | — |
| Dec 7, 2012 | $200,000 | Bear Commercial Properti Black | Quick Response Marketing INC | Grant Deed | — |
| Jan 4, 2008 | — | Quick Response Marketing INC | — | Deed Of Trust · related | $7M · Emprise Bank |
| Oct 11, 2007 | — | Quick Response Marketing INC | — | Grant Deed · related | $7M · Emprise Bank |
Description
This exceptional 90,000-square-foot industrial property, situated on 13.399 acres in Commerce, Georgia, presents a unique investment opportunity. The building, constructed in 1966 and extensively renovated in 2024, features two suites totaling 90,000 square feet, with a minimum divisible space of 24,645 square feet. Currently, 49,866 square feet is available for lease. The property boasts a two-story design with a 19-foot ceiling height on the main level and a 9-foot ceiling height on the lower level. The main level offers 25,221 square feet, including 21,068 square feet of warehouse space and 4,153 square feet of office space, complete with a private office, break room, and multiple workspaces. The lower level comprises 24,645 square feet of warehouse space. Four dock-high doors (7.9 feet high) and two drive-in doors provide ample loading and unloading capabilities. The property also includes 80 total parking spaces, a significant advantage for employees and clients. The building is equipped with a single elevator, 3-phase 800-amp, 208-volt power, and features a 433-foot frontage on Homer Street, conveniently located near View Street. Zoned for industrial use (APN: C14 130), this property is ideally suited for manufacturing, flex, warehouse, distribution, or R&D operations. Its proximity to downtown Commerce and Interstate 85 provides excellent accessibility. The property taxes are $0.12 per square foot. The owner is willing to subdivide the space to accommodate various tenant needs. This property offers a blend of modern amenities and a prime location, making it an attractive option for businesses seeking flexible and functional space in a thriving area.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,770,000
- ML approach
- $4,585,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,754,000
Market price range: $3.75M - $9.12M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $6,025,000 Current use
- AUTO REPAIR, GARAGE
- $7,020,000 Change: +16% Conversion: Easy
- RETAIL STORES
- $5,620,000 Change: -7% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Commerce
- County
- Jackson
- State
- Georgia
- Longitude
- -83.4581
- Latitude
- 34.2068
- CBSA code
- 27600
- CBSA name
- JEFFERSON, GA MICROPOLITAN STATISTICAL AREA
