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

    1114 NE Neal Blvd Townsend, GA 31331

    View on Map
    Sponsored
    For Sale
    $95,000

    Residential Lot - Townsend, GA

    Lot size:
    0.36 Acres
    Days on Market:
    4
    Last Refresh:
    Mar 15 at 9:06 am

    Property Features for 1114 NE Neal Blvd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0060C 0002
    Lot size
    0.36 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Christal Kuchar

    eXp Realty, LLC (770) 361-7068

    Listing agent Christal Kuchar (888) 959-9461

    Listing date Mar 12, 2026

    MLS# 1658222 Listing URL

    Copyright © 2026 Golden Isles Association 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

    Coastal Homesite Ready for Build

    This .368-acre residential lot is located on Neal Blvd NE in Townsend, Georgia, offering a fully prepared coastal homesite overlooking peaceful marshlands. The lot has been cleared and includes a fully installed and inspected septic system, with public water access and power available through GA Power once construction begins. The elevation certificate and site approvals are complete. Expansive golden-marsh views, winding tidal creeks, and gentle breezes from the Georgia coast can be enjoyed from the backyard. The William Harrell Recreational Area, featuring a public dock and boat ramp, is just half a mile away, providing access to local waterways for fishing, kayaking, and boating. The location is in the heart of McIntosh County’s Lowcountry charm, close to Harris Neck Wildlife Refuge, the marinas and seafood restaurants of Shellman Bluff, and Sapelo Hammock Golf Club, with quick routes to Darien, Brunswick, and Savannah via I-95. With no covenants or restrictions, this property offers freedom to build a relaxed coastal escape.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Hotel & Motel Food Market Bed & Breakfast Fish Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Townsend
    County
    McIntosh
    State
    Georgia
    Longitude
    -81.357074
    Latitude
    31.577979

    Nearby Similar for Sale

    • New
      $325,000
      2,465 SF

      Functional Office Space on Highway

      Commercial building with flexible office space in prime location.
      15618 Us 17 Hwy, Townsend, GA 31331
      View Details
    • $325,000
      2,465 SF

      Townsend, GA Commercial Building For Sale

      Functional office space in a prime location with highway access.
      15618 Us 17 Hwy, Townsend, GA 31331
      View Details
    • Contact for pricing
      4.41 Acres

      Wooded Hobby Farm in Townsend

      4.41-acre wooded hobby farm or recreational tract in Townsend, GA.
      4.41 Acres Hwy 17, Townsend, GA 31331
      View Details
    • $209,900
      10.17 Acres

      Townsend, GA Farm/Timber Land

      10+ acre wooded property zoned for agriculture and forestry.
      2 Tract Old Saddle Way Rd, Townsend, GA 31331
      View Details
    • $750,000
      10,464 SF

      1236 Buccaneer Club Rd

      Bars & Pubs • 10,464 SF
      1236 Buccaneer Club Rd, Townsend, GA 31331
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Cleared .368-acre lot with utilities and marsh views.
    Where is this residential land & home lot located?
    The property is located at 1114 NE Neal Blvd Townsend, GA.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: - Ready-to-build homesite with **cleared land, installed/inspected septic system, public water access, and available power**, saving you time and money.; - **Expansive marsh views and coastal breezes** create a desirable Lowcountry living experience.; - No covenants or restrictions offer building freedom and flexibility.
    (912) 230-5115
    Request Owner's contact information
    1114 NE Neal Blvd Townsend, GA 31331
    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.
    1114 NE Neal Blvd
    Townsend, GA 31331
    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
    1114 NE Neal Blvd Townsend, GA 31331
    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
    Christal Kuchar
    (912) 230-5115 (888) 959-9461
    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!