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    For Sale (12)

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    Thomson Duplex: Investment Opportunity
    $185,000
    2,028 SF

    Thomson Duplex: Investment Opportunity

    Duplex in Thomson, GA, offering investment and value-add potential.

    462 Bussey Ave, Thomson, GA 30824
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    Augusta Commercial Land For Sale
    $150,000
    1.15 Acres

    Augusta Commercial Land For Sale

    Corner lot with high visibility and convenient access.

    1800 Kissingbower Rd, Augusta, GA 30904
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    Augusta Commercial Land For Sale
    $150,000
    0.37 Acres

    Augusta Commercial Land For Sale

    Commercial land in Augusta, GA, with excellent visibility.

    1800 Kissingbower Rd, Augusta, GA 30904
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    Augusta Land For Sale
    $300,000
    2.14 Acres

    Augusta Land For Sale

    2.14 acres in J and B Industrial Park area.

    503 National Ave, Augusta, GA 30901
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    Augusta Land Opportunity
    $250,000
    6.10 Acres

    Augusta Land Opportunity

    6.1 acres of R-1A zoned land near Fort Eisenhower.

    2601 Mike Padgett Hwy, Augusta, GA 30906
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    Augusta Land for Custom Home
    $250,000
    6.00 Acres

    Augusta Land for Custom Home

    6-acre lot in Augusta, GA, ideal for custom home.

    1049 Horseshoe Rd, Augusta, GA 30906
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    Augusta, GA Commercial Land
    $80,000
    2.00 Acres

    Augusta, GA Commercial Land

    Two adjacent commercial parcels with development potential in Augusta, GA.

    2375 Tobacco Rd, Augusta, GA 30906
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    Blythe, GA Development Opportunity
    $501,900
    35.07 Acres

    Blythe, GA Development Opportunity

    35.07 acres near Fort Eisenhower, ideal for development.

    5086 Deans Bridge Rd, Blythe, GA 30805
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    Appling, GA Wooded Land
    $180,000
    6.60 Acres

    Appling, GA Wooded Land

    6.6-acre wooded property near J. Strom Thurmond Lake.

    Ridge Rd, Appling, GA 30802
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    Augusta Land on Tobacco Road
    $80,000
    2.00 Acres

    Augusta Land on Tobacco Road

    Two commercial parcels with B-2 zoning in a desirable location.

    2377 Tobacco Rd, Augusta, GA 30906
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    Serene Wooded Land Near Lake
    $180,000
    6.60 Acres

    Serene Wooded Land Near Lake

    6.6-acre property near J. Strom Thurmond Lake.

    Ridge Rd, Appling, GA 30802
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    High-Traffic Commercial Property in Monetta
    $75,000
    1,500 SF

    High-Traffic Commercial Property in Monetta

    Spacious commercial property with high visibility and business potential.

    7880 Highway 23, Monetta, SC 29105
    View details

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    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
    EXP REALTY ASSOCIATES LLC
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