Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings
    (704) 412-2804
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Land
    • Commercial Sale
    • Commercial Lease
    • Residential Multi Family

    Listings

    For Sale (33)

    View map
    Lake Nottely View Lot
    $54,900
    1.06 Acres

    Lake Nottely View Lot

    Residential lot with lake access and mountain views.

    62 Ridge Peak Vw, Blairsville, GA 30512
    View details
    Land in Historic Cabbagetown
    $300,000

    Land in Historic Cabbagetown

    Build your dream home in Atlanta's historic Cabbagetown.

    205 Berean Ave SE, Atlanta, GA 30316
    View details
    Land in Historic Cabbagetown, Atlanta
    $300,000

    Land in Historic Cabbagetown, Atlanta

    Residential lots in historic Cabbagetown, near BeltLine and downtown.

    Berean Ave SE, Atlanta, GA 30316
    View details
    Buildable Lot Near The Beltline
    $240,000
    0.11 Acres

    Buildable Lot Near The Beltline

    Buildable lot in desirable Atlanta area near The Beltline.

    1133 Avondale Ave, Atlanta, GA 30312
    View details
    Cabbagetown Land Opportunity
    $300,000

    Cabbagetown Land Opportunity

    Build your dream home in historic Cabbagetown.

    Berean Ave SE, Atlanta, GA 30316
    View details
    Permit-Approved Land in Sylvan Hills
    $150,000
    0.22 Acres

    Permit-Approved Land in Sylvan Hills

    Land with approved plans for a 2,606 SF home.

    1091 Birch St SW, Atlanta, GA 30310
    View details
    Buildable Lot Near The Beltline
    $240,000
    0.11 Acres

    Buildable Lot Near The Beltline

    Residential land in desirable Atlanta location near Grant and Ormewood Parks.

    1133 Avondale Ave SE, Atlanta, GA 30312
    View details
    65.5 Acres of Land in Elberton
    $390,000
    65.50 Acres

    65.5 Acres of Land in Elberton

    Pristine 65.5-acre land lot with diverse opportunities in Elberton, GA.

    Jaudon Rd, Elberton, GA 30635
    View details
    Two Buildable Lots in Summerhill
    $400,000
    0.15 Acres

    Two Buildable Lots in Summerhill

    Two adjacent lots in Atlanta's Summerhill neighborhood.

    165 Richardson St SE, Atlanta, GA 30312
    View details
    Land in Blackrock Estates
    $90,000
    3.12 Acres

    Land in Blackrock Estates

    3+ acre lot in gated community near downtown Clayton.

    Yellow Trillium, Clayton, GA 30525
    View details
    Residential Land Near Tallulah Falls
    $215,000
    6.88 Acres

    Residential Land Near Tallulah Falls

    6.88-acre residential lot near Clayton, Lake Rabun, and Tallulah River.

    361 Vis Dell Ln, Tallulah Falls, GA 30573
    View details
    Ready-to-Build Lot in Atlanta
    $140,000
    0.21 Acres

    Ready-to-Build Lot in Atlanta

    Cleared lot for residential development near downtown Atlanta.

    1282 Campbellton Rd SW, Atlanta, GA 30310
    View details
    Land in Gated Community
    $90,000
    3.12 Acres

    Land in Gated Community

    3+ acre lot near downtown Clayton, Georgia.

    Yellow Trillium, Clayton, GA 30525
    View details
    Blairsville Land with Mountain Views
    $54,900
    1.06 Acres

    Blairsville Land with Mountain Views

    View lot in gated community with lake access and amenities.

    Ridge Peak Vw, Blairsville, GA 30512
    View details
    Permit-Approved Land in Sylvan Hills
    $150,000
    0.22 Acres

    Permit-Approved Land in Sylvan Hills

    Land with approved plans for a 2,606 SF home.

    1091 Birch St SW, Atlanta, GA 30310
    View details
    Blairsville, GA 1.48-Acre Lot
    $50,000
    1.48 Acres

    Blairsville, GA 1.48-Acre Lot

    Private 1.48-acre lot with seasonal mountain views.

    Ivylog Dr, Blairsville, GA 30512
    View details
    Residential Lot Near Schools
    $60,000
    0.30 Acres

    Residential Lot Near Schools

    Buildable 0.31-acre lot near Hambrick Elementary and Stone Mountain High.

    4424 Central Dr, Stone Mountain, GA 30083
    View details
    Cleared Mountain View Lot
    $52,900
    0.64 Acres

    Cleared Mountain View Lot

    Residential lot in Morganton, GA, near Blue Ridge.

    LT37 Blue Crk Rd, Morganton, GA 30560
    View details
    Menlo, GA Land with Views
    $489,000
    90.00 Acres

    Menlo, GA Land with Views

    90+/- acres with views, privacy, and development potential.

    1558 Jamestown Rd, Menlo, GA 30731
    View details
    Two Buildable Lots in Summerhill
    $400,000
    0.13 Acres

    Two Buildable Lots in Summerhill

    Two adjacent lots in Atlanta's evolving Summerhill neighborhood.

    175 Richardson St SE, Atlanta, GA 30312
    View details
    Cleared Mountain View Lot
    $52,900
    0.64 Acres

    Cleared Mountain View Lot

    Vacant lot in Morganton, GA, ready for custom home.

    Lt37 Blue Crk Rd, Morganton, GA 30560
    View details
    Cabbagetown Historic District Land
    $300,000

    Cabbagetown Historic District Land

    Land in Atlanta's historic Cabbagetown neighborhood, ready for new construction.

    205 Berean Ave SE, Atlanta, GA 30316
    View details
    Residential Lot Near Lake Rabun
    $215,000
    6.88 Acres

    Residential Lot Near Lake Rabun

    6.88-acre residential lot near Clayton, Lake Rabun, and Tallulah River.

    361 Vis Dell Ln, Tallulah Falls, GA 30573
    View details
    Two Buildable Lots in Summerhill
    $400,000
    0.13 Acres

    Two Buildable Lots in Summerhill

    Two adjacent lots in Atlanta's Summerhill neighborhood.

    175 Richardson St SE, Atlanta, GA 30312
    View details
    65.5 Acres of Land in Elberton
    $390,000
    65.50 Acres

    65.5 Acres of Land in Elberton

    Pristine 65.5-acre land lot with diverse opportunities in Elberton, GA.

    Jaudon Rd, Elberton, GA 30635
    View details
    Two Buildable Lots in Summerhill
    $400,000
    0.15 Acres

    Two Buildable Lots in Summerhill

    Two adjacent lots in Atlanta's Summerhill neighborhood for sale.

    165 Richardson St SE, Atlanta, GA 30312
    View details
    High-Visibility Commercial Property on Columbia Street
    $399,900
    4,311 SF

    High-Visibility Commercial Property on Columbia Street

    Prime commercial property on Milledgeville's main corridor with high visibility.

    1531 N Columbia St, Milledgeville, GA 31061
    View details
    Blairsville Vacant Lot with Amenities
    $50,000
    1.48 Acres

    Blairsville Vacant Lot with Amenities

    1.48-acre lot with amenities near Blairsville, Georgia.

    Ivylog Dr, Blairsville, GA 30546
    View details
    Brookhaven Tear-Down Duplex on Large Lot
    $719,000
    0.51 Acres

    Brookhaven Tear-Down Duplex on Large Lot

    Tear-down duplex on a large lot in Brookhaven, GA.

    3184 Caldwell Rd NE, Atlanta, GA 30319
    View details
    Brookhaven Land: Prime Location
    $719,000
    0.51 Acres

    Brookhaven Land: Prime Location

    Half-acre lot in Ashford Park, ready for development.

    3184 Caldwell Rd NE, Atlanta, GA 30319
    View details
    Brookhaven Tear-Down Duplex on Large Lot
    $719,000
    0.51 Acres

    Brookhaven Tear-Down Duplex on Large Lot

    Half-acre lot in Ashford Park, ready for rebuild.

    3184 Caldwell Rd NE, Atlanta, GA 30319
    View details
    Land For Sale
    $50,000

    Land For Sale

    Land available for purchase.

    Ivylog Dr, Blairsville, GA 30546
    View details
    Vacant Building on Memorial Drive
    $700,000
    5,600 SF

    Vacant Building on Memorial Drive

    5,600 SF vacant building on 0.48 AC lot.

    6287 Memorial Dr, Stone Mountain, GA 30083
    View details

    For Lease (1)

    View map
    Restaurant Space in Summit Plaza
    $4,000 / Mo
    2,400 SF

    Restaurant Space in Summit Plaza

    Restaurant space for lease with full kitchen and equipment.

    2054 Highway 42 N, McDonough, GA 30253
    View details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    NorthGroup Real Estate, LLC
    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
    NorthGroup Real Estate, LLC
    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!