Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    938 Church St Jasper, GA 30143-1496
    Back to Search
    Property profile & analytics

    938 Church St, Jasper, GA 30143-1496

    View on Map
    • Investment properties
    • 13,440 SF
    • 1.84 lot acres
    Off-Market
    Last Sale Aug 13, 2020
    $915,000
    Property ID
    US22-1161698
    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
    $945,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 938 Church St

    Year built
    1973
    Construction
    STEEL FRAME
    Lot size
    1.84 lot acres
    Zone code
    C-2
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    JA10-045
    APU
    JA10045

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 13, 2020 $915,000 Sharma Properties LLC Gordon Road LLC Grant Deed $663k · Morris Bk
    Mar 11, 2020 — Gordon Road LLC — Deed · related $508k · Synovus Bk
    Jun 19, 2015 — Mcneal Ents LLC — Trustees Deed · related $265k · Community Bk/pickens
    — — Gordon Road LLC — Deed Of Trust · related $508k · Synovus Bk

    Description

    This single-story, 16,040 square foot retail building is situated on a 1.84-acre lot at 938 West Church Street in Jasper, Georgia (30143), conveniently located near Gordon Rd. Built in 1973 and renovated in 2008, the property boasts a C-2 zoning designation and features 70 total parking spaces. Currently, the building has a single suite, with 2,630 square feet of vacant space available for lease. The property is part of a highly visible strip center in downtown Jasper, offering a diverse tenant mix. The property's APN is JA10-000-045-000. This presents a unique opportunity for businesses seeking a well-established location with significant visibility and ample parking in a thriving downtown area. The available space offers flexibility for a variety of retail uses. The property's size and location make it an ideal investment for businesses looking to establish or expand their presence in Jasper, Georgia.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $970,000
      ML approach
      $980,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Jasper
    County
    Pickens
    State
    Georgia
    Longitude
    -84.4459
    Latitude
    34.4662
    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
    $10,439
    $143,088
    $258,533
    $401,621
    -
    $357,720
    $646,332
    $1,004,052

    Comparable in this City

    • Value Estimation
      $570,000
      2,480 SF

      51 Bryant St

      STORE/OFFICE (MIXED USE)
      51 Bryant St, Jasper, GA 30143-1495
      View Details
    • Value Estimation
      $660,000
      2,700 SF

      586 Church St

      STORE/OFFICE (MIXED USE)
      586 Church St, Jasper, GA 30143-1373
      View Details
    • Value Estimation by Request
      1,410 SF

      33 Waleska Hwy 108

      STORE/OFFICE (MIXED USE)
      33 Waleska Hwy 108, Jasper, GA 30143-5304
      View Details
    • Value Estimation
      $855,000
      5,154 SF

      735 Martin Rd

      STORE/OFFICE (MIXED USE)
      735 Martin Rd, Jasper, GA 30143-8411
      View Details
    • Value Estimation
      $885,000
      5,551 SF

      675 Noah Dr

      STORE/OFFICE (MIXED USE)
      675 Noah Dr, Jasper, GA 30143-8712
      View Details
    • Value Estimation
      $1,295,000
      8,500 SF

      616 Main St

      STORE/OFFICE (MIXED USE)
      616 Main St, Jasper, GA 30143-1451
      View Details

    Similar Nearby for Sale

    • $229,900
      2,040 SF

      Versatile Commercial Opportunity in Jasper

      Mixed-use property with live/work flexibility, rental income potential.
      79 Jones St, Jasper, GA 30143
      View Details
    • $239,000
      0.32 Acres

      Live-Work Property in Jasper, Georgia

      Unique opportunity: live and work in Pickens County.
      3049 Highway 53, Jasper, GA 30143
      View Details
    • Contact for pricing
      672 SF

      Highway Frontage Commercial Opportunity

      12.4 acres with high visibility and flexible zoning.
      2900 Highway 53 E, Jasper, GA 30143
      View Details
    • Contact for pricing
      2,040 SF

      Versatile Commercial Opportunity in Jasper

      2,040 sq ft building on .24-acre lot, C-3 zoning.
      79 Jones St, Jasper, GA 30143
      View Details
    • Contact for pricing

      Commercial Lot with Buildings

      Commercial lot with buildings located near downtown Jasper, Georgia.
      985 North Main St, Jasper, GA 30143
      View Details
    • $1,000,000
      2.16 Acres

      Highway 515 Commercial Opportunity

      Commercial property in Jasper, GA with high traffic exposure.
      24 Flea Market Rd, 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.
    938 Church St
    Jasper, GA 30143-1496
    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
    938 Church St, 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!