Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    321 2nd St Jackson, GA 30233-1908
    Back to Search
    Property profile & analytics

    321 2nd St, Jackson, GA 30233-1908

    View on Map
    • Office Spaces
    • 2,141 SF
    • 0.18 lot acres
    Off-Market
    Property ID
    US22-0466299
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Inn On Second / Hotel & Motel / Bed & Breakfast
    • L Simpson Foundation Trust / Charitable Organization / Social Service Agency

    Property Details for 321 2nd St

    Year built
    1960
    Construction
    CONCRETE
    Lot size
    0.18 lot acres
    Zone code
    C-1
    Property type
    Office Spaces
    APN
    J0060-138-000
    APU
    J0060138000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 19, 2019 — G & K Capital Ventures LLC Garrett,c Gale & Karen N Warranty Deed · related —
    Mar 6, 2019 $75,000 C C Garrett Ml Simpson Foundation Trust Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Butts
    State
    Georgia
    Longitude
    -83.9695
    Latitude
    33.2949
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN 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
    $1,002
    $14,616
    $25,253
    $39,869
    -
    $36,539
    $63,132
    $99,671

    Comparable in this City

    • Value Estimation by Request
      1,795 SF

      130 Dempsey Ave

      OFFICE (GENERAL)
      130 Dempsey Ave, Jackson, GA 30233-2020
      View Details
    • Value Estimation by Request
      888 SF

      730 3rd St Ste A

      OFFICE (GENERAL)
      730 3rd St Ste A, Jackson, GA 30233-2162
      View Details
    • Value Estimation by Request
      1,200 SF

      308 2nd St

      OFFICE (GENERAL)
      308 2nd St, Jackson, GA 30233-1909
      View Details
    • Value Estimation by Request
      3,100 SF

      572 3rd St

      OFFICE (GENERAL)
      572 3rd St, Jackson, GA 30233-2105
      View Details
    • Value Estimation by Request
      1,586 SF

      350 3rd St

      OFFICE (GENERAL)
      350 3rd St, Jackson, GA 30233-1913
      View Details
    • Value Estimation by Request
      2,054 SF

      300 3rd St

      OFFICE (GENERAL)
      300 3rd St, Jackson, GA 30233-1913
      View Details

    Similar Nearby for Sale

    • $669,000
      4,436 SF

      Jackson, GA Commercial Investment

      High-visibility commercial building with tenant in place until 2028.
      621 E 3Rd St, Jackson, GA 30233
      View Details
    • $349,900
      2,044 SF

      Commercial Building in High-Traffic Area

      Commercial building in Butts County, great location for any business.
      1710 Highway 36 W, Jackson, GA 30233
      View Details
    • $449,999
      2,044 SF

      Highway 36 Retail Opportunity

      High-traffic location, versatile commercial space
      1710 Highway 36, Jackson, GA 30233
      View Details
    • Contact for pricing

      88.53 Acres Commercial Land Jackson

      88.53+/- acres of commercial land with I-75 visibility.
      1224 Bucksnort Rd, Jackson, GA 30233
      View Details
    • $159,900
      1,008 SF

      Iconic Landmark Store on 1.45 Acres

      Commercial property with store, storage, and restaurant/bar potential.
      1701 Stark Rd, Jackson, GA 30233
      View Details
    • $100,000
      3.34 Acres

      Waterfront Land in Gated Community

      3.335+/- acre residential land in Henry County, Jackson, GA
      689 Moccasin Gap Rd, Jackson, GA 30233
      View Details

    Similar Nearby for Lease

    • $2,795 /Mo

      Medical Office Suite with Dual Entrances

      Medical office suite in a Piedmont Medical building with left and rear-left entrances for efficient patient access.
      261 Brookwood Ave, Jackson, GA 30233
      View Details
    • $2,795 /Mo
      4,516 SF

      Renovated Office with Warehouse Space

      Newly renovated office suite with warehouse/storage flexibility in Jackson, GA.
      261 Brookwood Ave, Jackson, GA 30233
      View Details
    • Contact for pricing
      301,069 SF

      Industrial Space in Jackson, Georgia

      301,069 SF warehouse/distribution space available for lease.
      301 Logistics Pkwy, Jackson, GA 30233
      View Details
    • Contact for pricing

      Jackson GA Truck Terminal

      Single tenant truck terminal with office space and drive-through bays.
      1153 Bucksnort Rd, Jackson, GA 30233
      View Details
    • Contact for pricing
      301,069 SF

      301 Logistics Parkway Warehouse Space

      301,069 sqft warehouse space available for lease.
      301 Logistics Pkwy, Jackson, GA 30233
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    321 2nd St
    Jackson, GA 30233-1908
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    321 2nd St, Jackson, GA, 30233
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!