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    Specialty properties

    379 Harmony School Rd, Jasper, GA 30143

    3,358 SF 10.11 ac lot Built 2022
    Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US22-0071906
    Property summary
    AI-generated overview

    This exceptional Class A industrial property, located at 379 Harmony School Rd, Jasper, GA 30143, presents a unique redevelopment opportunity. The 20,000-square-foot, single-story building, constructed in 2022, boasts 100% occupancy under a NNN lease. The property features eight rooms and two restrooms, ample parking, and a private gated entrance. Situated on a 10.1-acre lot (priced at $75,000/acre), the land offers significant potential for future expansion or the construction of additional buildings. The property benefits from convenient access to Highway 515, less than three miles from downtown Jasper and Ballground, Georgia, providing excellent visibility and transportation advantages. A pre-existing road runs along the property's side, offering separate rear access. The property is zoned HB and features a single unit with a sale price of $3,350,000, representing a 7.50% cap rate. This sale-leaseback investment is ideal for those seeking redevelopment potential in a rapidly growing industrial area. The APN is 053A-000-085-003.

    Property profile
    Verified
    Property type Specialty properties
    Use group KENNEL
    Year built 2022
    Total area 3,358 SF
    Lot 10.11 ac (440,392 SF)
    Zoning code HB
    APN 053A-085-003
    UPID US22-0071906
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Von Der King Kennels & Trainin · 6 yrs held
    Von Der King Kennels & Trainin
    since 2020
    5 recorded transactions
    2021
    2020
    $420,000
    2006
    $273,300
    2006
    $273,240
    2006
    $100,000
    Zoning & alternative use
    HB · Jasper, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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