255 Homer StCommerce, GA 30529

  • Industrial properties
  • 78,339 SF
For Lease
$8.50/SF/YR View listing

Property Details for 255 Homer St

Year built
1966
Lot size
12.72 AC
Property size (Sq ft)
78,339 SF
Zone code
1
Property type
Industrial properties
Property subtype
Other warehouses
APN
C14 130
APU
C14130

Description

This exceptional 90,000-square-foot industrial property, situated on 13.399 acres in Commerce, Georgia, presents a unique investment opportunity. The building, constructed in 1966 and extensively renovated in 2024, features two suites totaling 90,000 square feet, with a minimum divisible space of 24,645 square feet. Currently, 49,866 square feet is available for lease. The property boasts a two-story design with a 19-foot ceiling height on the main level and a 9-foot ceiling height on the lower level. The main level offers 25,221 square feet, including 21,068 square feet of warehouse space and 4,153 square feet of office space, complete with a private office, break room, and multiple workspaces. The lower level comprises 24,645 square feet of warehouse space. Four dock-high doors (7.9 feet high) and two drive-in doors provide ample loading and unloading capabilities. The property also includes 80 total parking spaces, a significant advantage for employees and clients. The building is equipped with a single elevator, 3-phase 800-amp, 208-volt power, and features a 433-foot frontage on Homer Street, conveniently located near View Street. Zoned for industrial use (APN: C14 130), this property is ideally suited for manufacturing, flex, warehouse, distribution, or R&D operations. Its proximity to downtown Commerce and Interstate 85 provides excellent accessibility. The property taxes are $0.12 per square foot. The owner is willing to subdivide the space to accommodate various tenant needs. This property offers a blend of modern amenities and a prime location, making it an attractive option for businesses seeking flexible and functional space in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,736,308
    Hospitality
    $14,414,373
    Educational
    $11,992,589
    Medical
    $12,405,033
    Retail
    $18,655,140
255 Homer St, Commerce, Georgia

Location Insight

City
Commerce
County
Jackson
State
Georgia
Latitude
34.2068
Longitude
-83.4581
CBSA code
27600
CBSA name
JEFFERSON, GA MICROPOLITAN 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
$11,150
$182,240
$194,360
$376,600
-
$455,600
$485,900
$941,500

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