no location Keller Williams Realty Atlanta Classic - Atlanta, GA Commercial Real Estate Agency | Realmo
Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    Keller Williams Realty Atlanta Classic

    3800 Camp Creek Pkwy, Bldg 1800 Ste 100, Atlanta, GA 30331
    (404) 564-9500
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Land
    • Commercial Lease
    • Commercial Sale

    Listings

    For Sale (11)

    View map
    Corner Lot in Magnolia Estates
    $55,000
    1.18 Acres

    Corner Lot in Magnolia Estates

    1.18 acre corner lot near Camp Creek Marketplace and airport.

    5185 Marie Trce, Atlanta, GA 30349
    View details
    Lakewood Heights Vacant Lot
    $125,000
    0.26 Acres

    Lakewood Heights Vacant Lot

    Vacant lot in South Atlanta near Cellairis Amphitheatre.

    420 Pickfair Ave SW, Atlanta, GA 30315
    View details
    Villa Rica Land with Lakeview
    $107,000
    0.49 Acres

    Villa Rica Land with Lakeview

    Half-acre lot in gated community with lake views.

    1242 Heritage Dr, Villa Rica, GA 30180
    View details
    College Park Land Opportunity
    $1,100,000
    11.10 Acres

    College Park Land Opportunity

    11.1 acre land parcel in College Park, Georgia.

    4144 Janice Dr, College Park, GA 30337
    View details
    Lithonia Land with Church & House
    $750,000
    4,389 SF

    Lithonia Land with Church & House

    5.03 acres with church, house, and frontage on Panola Rd.

    1900 Panola Rd, Lithonia, GA 30058
    View details
    24 Acre Jonesboro Land Parcel
    $1,200,000
    24.00 Acres

    24 Acre Jonesboro Land Parcel

    24 acre land parcel near Clayton County International Park.

    7940 Rand Rd, Jonesboro, GA 30236
    View details
    Commercial Lot Near Highway
    $195,000
    1.67 Acres

    Commercial Lot Near Highway

    Commercial land near I-75 and I-675 in Jonesboro, GA.

    2846 Highway 138 E, Jonesboro, GA 30236
    View details
    Land in Jonesboro, Georgia
    Contact for pricing
    0.03 Acres

    Land in Jonesboro, Georgia

    Land for sale in conjunction with adjacent acreage.

    7942 Rand Rd, Jonesboro, GA 30236
    View details
    Rockmart, GA Land For Sale
    $350,000
    13.05 Acres

    Rockmart, GA Land For Sale

    13.05 acres of land for sale in Rockmart, Georgia.

    Tolbert Town Rd, Rockmart, GA 30153
    View details
    66.53 Acres of Pasture Land
    $1,490,000
    66.53 Acres

    66.53 Acres of Pasture Land

    66.53 acres of land suitable for farming or development.

    5565 Grant Ford Rd, Gainesville, GA 30506
    View details
    Lithonia Land with Religious Facility
    $750,000

    Lithonia Land with Religious Facility

    5.03 acres with church and house near I-20.

    1900 Panola Rd, Lithonia, GA 30058
    View details

    Leases and Sales on Map

    • For Sale

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Keller Williams Realty Atlanta Classic
    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.
    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
    Keller Williams Realty Atlanta Classic
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!