655 Philadelphia Rd Jasper, GA 30143
This 12.48-acre commercial land assemblage in Jasper, Georgia, is ideally situated at the corner of Philadelphia Road and Highway 515, boasting a daily traffic count of 24,000 vehicles. Zoned Highway Business, this property offers significant development potential. The southern portion, bordering Highway 515, extends to its intersection with Old Philadelphia Road, where a portion is currently leased to a mobile home sales center. A key advantage is proximity to existing infrastructure; a nearby lift station, installed by DR Horton, connects to the Walmart sewer line, potentially benefiting future development on this site. The location is highly desirable, within Jasper city limits and surrounded by major retailers including Walmart, Kroger, Home Depot, Ingles, and a new Publix. Further enhancing its appeal is the presence of a new Planned Unit Development (PUD) at the northwest corner of Highway 515 and Philadelphia Road, and another planned 100-acre PUD across Philadelphia Road, incorporating commercial space, active adult cottages, and townhomes. The asking price is $2,200,000, or approximately $163,000 per acre, with the seller open to offers. The APN is 030D 086. This prime location presents a rare opportunity for significant commercial development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.