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Property profile & analytics
OFF-MARKET
Distribution centers

447 Harmony School Rd Jasper, GA 30143

6,000 SF 2 ac lot Built 2006
Individually Owned 5-yr Hold
Property ID
US22-4717130
Property summary
AI-generated overview

This exceptional 6,000-square-foot industrial property in Jasper, Georgia, presents a unique sale/leaseback opportunity. The building, constructed in 2006 and renovated in 2022, boasts a flexible layout currently configured as 3,500 square feet of warehouse space and 2,500 square feet of office/flex space. The absence of load-bearing walls allows for easy conversion back to a full 6,000-square-foot warehouse. Three dock-high doors provide convenient access, complemented by ample parking. The property sits on a 2-acre lot, with potential for expansion, and benefits from high ceilings. Its strategic location off Highway 515, less than three miles from downtown Jasper and Ballground, Georgia, ensures excellent transportation access and high visibility. The property is zoned Highway Business (HB), allowing for diverse uses. The building is currently 100% occupied under a triple-net lease. This Class C property offers a 7.50% cap rate and presents a strong redevelopment opportunity within a thriving industrial hub. The property features one building, one story, and is a single-tenant occupancy. The APN is 053A-000-085-006. The asking price is $975,000.

Property profile
Verified
Property type Distribution centers
Year built 2006
Total area 6,000 SF
Lot 2 ac (87,120 SF)
APN 053A-000-085-006
UPID US22-4717130
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Von Der King Kennels And Training L · 5 yrs held
Von Der King Kennels And Training L
since 2021
3 recorded transactions
2021
$475,000
2020
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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