Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    70 B H Lee Dr Jasper, GA 30143-6856
    Back to Search
    Property profile & analytics

    70 B H Lee Dr, Jasper, GA 30143-6856

    View on Map
    • Commercial real estate
    • 6,000 SF
    • 0.75 lot acres
    Off-Market
    Last Sale Mar 13, 2025
    $1,194,473
    Property ID
    US22-2611967
    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
    $1,225,000
    Show details
    Cap Rate Potential
    8.6%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 70 B H Lee Dr

    Construction
    STEEL FRAME
    Lot size
    0.75 lot acres
    Zone code
    C-2
    Property type
    Commercial real estate
    APN
    030D-101-002
    APU
    030D101002

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 13, 2025 $1,194,473 Store Master Funding 35 LLC Bm & Ts Ventures LLC Warranty Deed —
    Nov 2, 2020 $670,000 Bm & Ts Ventures LLC George M Goodrum Warranty Deed $570k · Pinnacle Bk
    Jan 15, 2018 $110,000 George Goodrum Jackie Mullins Warranty Deed $357k · Community Bank Of Pickens County
    Mar 16, 2016 — Jackie Mullins Mullins Hugh E Quit Claim Deed · related —
    Mar 11, 2011 $29,342 Jolyn Mullinax Mullinax,jessie Grant Deed · related —
    Apr 24, 2009 — Jackie Mullins Mullins,lee Quit Claim Deed · related —
    Oct 27, 2005 $300,000 Horizon Commercial Properties Mullins,jackie Warranty Deed $480k · Community Bank Pickens Co
    Oct 27, 2005 — Jackie Mullins Mullins,hugh E Quit Claim Deed · related —
    Oct 27, 2005 $450,000 Horizon Commercial Properties Mullins,jackie Warranty Deed $338k · Community Bank Pickens Co

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $845,000
      ML approach
      $855,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,215,000
      6.5%
      $1,120,000
      7%
      $1,040,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,284,000
      Market price range: $458k - $1.81M
      AI Estimate
      $1,325,000
      Market price range: $415k - $2.00M

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

    Location Insight

    • Map
    • Local Demand
    City
    Jasper
    County
    Pickens
    State
    Georgia
    Longitude
    -84.4669
    Latitude
    34.4755
    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
    $7,858
    $100,000
    $202,302
    $302,302
    -
    $250,000
    $505,754
    $755,754

    Comparable in this City

    • Value Estimation by Request
      4.13 Acres

      1873 Harris Rd

      COMMERCIAL (GENERAL)
      1873 Harris Rd, Jasper, GA 30143-3085
      View Details
    • Value Estimation by Request
      4.14 Acres

      Liberty Pkwy

      COMMERCIAL (GENERAL)
      Liberty Pkwy, Jasper, GA 30143
      View Details
    • Value Estimation by Request
      252 SF

      520 Noah Dr

      COMMERCIAL (GENERAL)
      520 Noah Dr, Jasper, GA 30143
      View Details
    • Value Estimation by Request
      252 SF

      55 Philadelphia Dr

      COMMERCIAL (GENERAL)
      55 Philadelphia Dr, Jasper, GA 30143
      View Details
    • Value Estimation by Request
      252 SF

      1041 Cp Rd

      COMMERCIAL (GENERAL)
      1041 Cp Rd, Jasper, GA 30143
      View Details
    • Value Estimation by Request
      252 SF

      4015 Cv Rd

      COMMERCIAL (GENERAL)
      4015 Cv Rd, Jasper, GA 30143
      View Details

    Similar Nearby for Sale

    • $59,000
      1.74 Acres

      Jasper, GA Mountain View Lot

      1.74-acre lot with year-round mountain views in gated community.
      LT219 Stone Cliff Dr, Jasper, GA 30143
      View Details
    • Contact for pricing
      12,600 SF

      Modern Industrial Facility For Sale

      Newer construction industrial building with income-producing tenant in Jasper.
      120 Don Westbrook Ave S, Jasper, GA 30143
      View Details
    • $107,540
      5.66 Acres

      Land Parcel in Gated Community

      5.66-acre lot in Georgian Highlands, Jasper, GA.
      220 St Andrews Way, Jasper, GA 30143
      View Details
    • $2,400,000

      Jasper Office Building For Sale

      Approximately 13,000 SF office building in Jasper, Georgia.
      35 W Church St, Jasper, GA 30143
      View Details
    • $385,000
      6.92 Acres

      Prime Land on Highway 515

      6.92 acres with high visibility and development potential.
      200 Blue Haze Dr, Jasper, GA 30143
      View Details
    • $98,000
      0.90 Acres

      Residential Lot with Distant View

      Residential lot in Big Canoe with community amenities.
      7238 Ridgeview Dr, Jasper, GA 30143
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr

      Jasper Office Building Available

      Approximately 13,000 SF office building with suites for lease.
      35 W Church St, Jasper, GA 30143
      View Details
    • $1,906 /Mo
      4,792 SF

      Downtown Jasper Office Space Available

      Prime commercial office space for lease in downtown Jasper, Georgia.
      37 Court St, Jasper, GA 30143
      View Details
    • Contact for pricing

      Downtown Jasper Office Space Available

      Prime commercial office space in downtown Jasper, Georgia for lease.
      37 Court St, Jasper, GA 30143
      View Details
    • $2,000 /Mo
      14,375 SF

      Jasper, GA Commercial Space

      Open commercial space in a developing area near Atlanta.
      51 Bryant St, Jasper, GA 30143
      View Details
    • $1,906 /Mo
      1,578 SF

      Downtown Jasper Office Space Available

      Prime commercial office space for lease in downtown Jasper, Georgia.
      37 Court St, Jasper, GA 30143
      View Details
    • $6,000 /Mo

      Commercial Property for Rent

      Commercial property available for rent in Jasper, Georgia.
      1893 Talking Rock Rd, Jasper, GA 30143
      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.
    70 B H Lee Dr
    Jasper, GA 30143-6856
    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
    70 B H Lee Dr, Jasper, GA, 30143
    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!