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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6911 Cleveland Hwy, Unit 201A Clermont, GA 30527

    • Office buildings
    • 8,058 SF
    • 1.23 lot acres
    For Lease
    View listing
    $450 /Mo
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0300323
    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.

    Current Use by Public Records

    • Northside Tax Services / Tax Preparation
    • Nash Construction Inc / General Contractor / Construction Company
    • Broadways Workshop / Corporate Office

    Property Details for 6911 Cleveland Hwy

    Year built
    2001
    Construction
    STEEL FRAME
    Lot size
    1.23 lot acres
    Property size
    8,058 SF
    Zone code
    H-B
    Property type
    Office buildings
    APN
    12-084 -000-008
    APU
    12084000008

    Description

    This exceptional 2,400 square foot commercial space, located at 6911 Cleveland Highway Unit 202 in Clermont, Georgia (zip code 30527), presents a unique investment opportunity. The property is situated on a 1.23-acre lot and features a single-tenant building with 20 parking spaces. Its versatile design suits various uses, including medical office, executive office, and warehouse space. The property is conveniently located minutes from downtown Cleveland and Gainesville, offering easy access for employees and clients. Potential tenants are responsible for confirming zoning compliance and obtaining necessary business licenses with the relevant city and county authorities. Multiple internet providers are available, and water is included. The property's address is 6911 Cleveland Highway Unit 202, Clermont, GA 30527. The building consists of one suite within a single building. The property type is classified as Office and Industrial. The APN is 12084 000008. This is a single-tenant occupancy property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,029,000
      Market price range: $778k - $2.19M
      AI Estimate
      $795,000
      Market price range: $387k - $1.51M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,290,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,250,000
      Change: -3% Conversion: Difficult
      RETAIL STORES
      $1,235,000
      Change: -4% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Clermont
    County
    Hall
    State
    Georgia
    Longitude
    -83.7573
    Latitude
    34.5041
    CBSA code
    23580
    CBSA name
    GAINESVILLE, 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
    2024
    $9,921
    $36,880
    $365,280
    $402,160
    -
    $92,200
    $913,200
    $1,005,400

    Comparable in this City

    • Value Estimation
      $535,000
      6,160 SF

      5298 Cleveland Hwy

      OFFICE BUILDING • 6,160 SF
      5298 Cleveland Hwy, Clermont, GA 30527-2200
      View Details
    • Value Estimation
      $920,000
      4,766 SF

      130 Main St

      OFFICE BUILDING • 4,766 SF
      130 Main St, Clermont, GA 30527-1804
      View Details
    • Value Estimation by Request
      696 SF

      103 Cleveland Hwy

      OFFICE BUILDING • 696 SF
      103 Cleveland Hwy, Clermont, GA 30527-1812
      View Details
    • Value Estimation by Request
      2,098 SF

      5297 Cleveland Hwy

      Retail properties • 2,098 SF
      5297 Cleveland Hwy, Clermont, GA 30527
      View Details
    • Value Estimation by Request

      6730 Cleveland Hwy

      Office Properties & Spaces
      6730 Cleveland Hwy, Clermont, GA 30527
      View Details
    • Value Estimation by Request
      3,500 SF

      5281 Cleveland Hwy

      MEDICAL BUILDING • 3,500 SF
      5281 Cleveland Hwy, Clermont, GA 30527-2205
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.23 Acres

      Clermont Office Space - County Line

      Prime Office Space, 1.23 Acres, Upstairs Unit
      6911 Cleveland Hwy, Clermont, GA 30527
      View Details
    • Contact for pricing
      1.23 Acres

      Clermont Office Space: Hall/White County Line

      Prime Location, 336+ sq ft Office Space
      6911 Cleveland Hwy, Clermont, GA 30527
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    • Contact for pricing
      3,500 SF

      Clermont Medical Office Building

      Georgia medical office, 3,500 SF, owner-user opportunity.
      5281 Cleveland Hwy, Clermont, GA 30527
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    • Contact for pricing
      1.23 Acres

      Clermont Office Space - County Line

      Prime Office Space, 1.23 Acres, Upstairs Unit
      6911 Cleveland Hwy, Clermont, GA 30527
      View Details
    • $636,000
      4.00 Acres

      Prime Clermont Agricultural Land

      4 Acres, Hwy Frontage, Utilities
      6850 Old Cleveland Rd, Clermont, GA 30527
      View Details
    • $800,000
      20.21 Acres

      20-Acre Farm in North Hall

      Private, fenced farm with pastures, springs, and multiple buildings.
      6223 Hulsey Rd, Clermont, GA 30527
      View Details

    Similar Nearby for Lease

    • $1,250 /Mo

      Commercial Space Near Downtown Cleveland

      Commercial space suitable for offices or retail, near downtown.
      6911 Cleveland Hwy, Clermont, GA 30527
      View Details
    • $1,250 /Mo
      53,579 SF

      Commercial Space in Clermont, GA

      Commercial space in prime location, suitable for offices or retail.
      6911 Cleveland Hwy, Clermont, GA 30527
      View Details
    • $450 /Mo
      336 SF

      Clermont Commercial Space Available

      Upstairs commercial space near Clermont/Cleveland area, ideal for offices.
      6911 Cleveland Hwy, Clermont, GA 30527
      View Details
    • $450 /Mo
      336 SF

      Clermont Commercial Space For Rent

      Commercial space available in a prime location on Hall/White County Line.
      6911 Cleveland Hwy, Clermont, GA 30527
      View Details
    • New
      $1,250 /Mo
      1,195 SF

      Commercial Space in Clermont, GA

      Commercial space in prime location, minutes from Cleveland or Gainesville.
      6911 Cleveland Hwy, Clermont, GA 30527
      View Details
    • $13,460 /Mo
      293,159 SF

      High-Visibility Corner Lot for Lease

      Exceptional leasing opportunity on a high-traffic corner lot.
      325 Holly Springs Rd, Clermont, GA 30527
      View Details
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    6911 Cleveland Hwy, Unit 201A
    Clermont, GA 30527
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    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
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