Highway 341 S
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2025 | Sold | ||
| Sold | |||
| Apr 28, 2025 | Listed by Keller Williams Realty Atl. Partners | $540,000 | |
| Listed by Keller Williams Realty Atl. Partners | |||
| Jun 4, 2024 | Sold | ||
| Sold | |||
| Apr 22, 2024 | Listed by Georgia Premier RE Advisors | $499,000 | |
| Listed by Georgia Premier RE Advisors | |||
| | |||
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Georgia Premier RE Advisors is pleased to present 21.88 acre commercial lot on Hwy 341 in Lamar County. This outstanding commercial tract is zoned C-2 Highway Commercial with numerous uses allowed. The tract is completely level with 550ft of road frontage on the busy Hwy 341 and county water is located across the street. The property is located across from Sunsouth John Deere dealership as well as the intersection of Hwy 341 and Hwy 18. The traffic count for the property is 7,900 cars per day. The tract is located 2 miles from Downtown Barnesville and 13 miles from Forsyth and I-75. There are several large brand commercial businesses located close by including NAPA, Roses, Ace Hardware, Sunsouth John Deere, and Dollar General.
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| Jan 12, 2024 | Sold | ||
| Sold | |||
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Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10512353
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