Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    000 Us Highway 221 N Douglas, GA 31533

    View on Map
    Sponsored
    For Sale
    $499,000

    Commercial Lots/Land - Douglas, GA

    Lot size:
    5.57 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 16 at 7:06 pm

    Property Features for 000 Us Highway 221 N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Sidewalks
    Lot size
    5.57 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Leegene Waldron

    Property Hunters of South Georgia, LLC (912) 384-4663

    Listing agent Leegene Waldron (912) 384-4663

    Listing date Mar 16, 2026

    MLS# 117640 Listing URL

    Copyright © 2026 Douglas Coffee County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Commercial Land on Highway 221

    This property features 5.57 acres of cleared commercial land situated on Highway 221 in Douglas, Georgia. Located in Coffee County, the property is positioned in a high-traffic area, offering development possibilities. Potential uses include an office for cargo, utility trailer sales, or a used auto sales center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Douglas
    County
    Coffee
    State
    Georgia
    Longitude
    -82.833237
    Latitude
    31.508388

    Nearby Similar for Sale

    • New
      $379,000
      3,494 SF

      Move-in Ready Office Space

      Office space on a busy corner lot in Douglas, GA.
      718 Madison Ave N, Douglas, GA 31533
      View Details
    • $850,000
      6,500 SF

      Versatile Industrial Property in Douglas, GA

      Industrial-zoned property with two buildings, suitable for various commercial uses.
      1006 Hunter St, Douglas, GA 31533
      View Details
    • $222,500
      2,220 SF

      Douglas, GA Commercial Building

      2220 sq ft commercial building suitable for various applications.
      300 Cherry St, Douglas, GA 31533
      View Details
    • $220,000
      1,200 SF

      Charming 2023 Building Near Lake

      New 1,200 SF building near a 300-acre lake.
      380 Brookewood Dr, Douglas, GA 31535
      View Details
    • $437,000
      4,000 SF

      Commercial Property on Highway 441

      Commercial property with high visibility, ample parking, and fenced backyard.
      602 N Peterson Ave, Douglas, GA 31533
      View Details
    • New
      $1,695,000
      1,797 SF

      Former Drive-In Restaurant For Sale

      Former drive-in restaurant with ample parking and high traffic.
      55 Brantley Blvd, Douglas, GA 31533
      View Details
    • $130,000
      1,711 SF

      Historic Office Space For Sale

      Versatile office space with endless potential in Douglas, Georgia.
      315 Gaskin Ave, Douglas, GA 31533
      View Details
    • $260,000
      1,800 SF

      Income-Generating Multi-Family Property

      Multi-family property with house and duplex, generating monthly income.
      720 Peachtree St, Douglas, GA 31535
      View Details
    • $1,100,000
      4,331 SF

      Fully Leased Commercial Property

      Four-unit commercial property on a high-visibility main road.
      928 S Peterson Ave, Douglas, GA 31533
      View Details
    • $1,250,000
      6,000 SF

      Retail Property in Douglas, GA

      Commercial property with 17 retail units in Douglas, GA.
      107 Bryan Street Cir, Douglas, GA 31533
      View Details
    • $8,130,000
      56,080 SF

      Grocery Anchored Shopping Center For Sale

      56,080 SF shopping center with medical tenants in Douglas, GA.
      901-903 W Ward St, Douglas, GA 31533
      View Details
    • $8,130,000

      Grocery Anchored Shopping Center For Sale

      56,080 SF shopping center with medical tenants, near regional medical center.
      901 West Ward Street Ext, Douglas, GA 31533
      View Details

    FAQs

    What type of property is this?
    Commercial land - 5.57 acres of cleared commercial land on Highway 221.
    Where is this commercial land located?
    The property is located at 000 Us Highway 221 N Douglas, GA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - 5.57 acres of commercial land.; - Cleared land, ready for development.; - Located on HWY 221 in a high-traffic area.
    (912) 384-4663
    Request Owner's contact information
    000 Us Highway 221 N Douglas, GA 31533
    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.
    000 Us Highway 221 N
    Douglas, GA 31533
    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
    000 Us Highway 221 N Douglas, GA 31533
    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

    We can help!
    Listing Contact
    Leegene Waldron
    (912) 384-4663 (912) 381-9186
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!