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2264 Highway 53
Jasper, GA 30143
Asking Price
$5.80M
Asset Type
Commercial Land
Class
Class B
What's Special
19.65 Prime acres of commercial land near I-515, Jasper, GA <ol><li>Large commercial track (19.65 acres) next to Hy 53 West with 9,000 traffic count per day.</li><li>Zoned highway business (HB), allowing many potential development opportunities.</li><li>HB zoning allows for flex space buildings, which are in high demand being 1/2 mile from the I-515 corridor and Pickens County Airport.</li><li>Acreage is 90% cleared and relatively flat.</li><li>The 19.65 acres may be split into smaller parcels.</li></ol>
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NOI
$80,000
Cap Rate
1.38%
DSCR
0.23
Underwater
Cash-on-Cash
-15.19%
Monthly Payment
$28,679.156
Annual Cash Flow
$-264,149.874
