Sign Up Successful!
You now have access to more from Realmo!
    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

    115 Paris Dr Villa Rica, GA 30180

    Sponsored
    For Sale
    $500,000

    COMMERCIAL - Villa Rica, GA

    Lot size:
    1.51 Acres
    Days on Market:
    12
    Last Refresh:
    Feb 1 at 5:06 am

    Property Features for 115 Paris Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    V07 0100154
    Parking features
    On Street
    Lot size
    1.51 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    2025

    We can help!

    Listing Contact
    Andrea K Wilkins
    Andrea K Wilkins

    Platinum Real Estate Solutions Inc (770) 361-4553

    Listing agent Andrea K Wilkins (770) 562-4663

    Listing date Jan 21, 2026

    MLS# 10676028

    Copyright © 2026 Georgia Multiple Listing Service. 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

    Villa Rica Commercial Land Available

    This property offers a prime opportunity with a 1.51-acre tract of land. The level lots are an assemblage of three individual lots. Public sewer and water services are available to the site. The property is located in Villa Rica, Georgia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Villa Rica
    County
    Carroll
    State
    Georgia
    Longitude
    -84.942421
    Latitude
    33.716277

    Nearby Similar for Sale

    • $1,100,000

      Villa Rica Commercial Office Property

      Commercial office property in Villa Rica, Georgia, with high visibility.
      809 W Bankhead Hwy, Villa Rica, GA 30180
      View Details
    • New
      $675,000
      Pending

      Villa Rica Mixed-Use Commercial Property

      Remodeled office space with outbuildings on a one-acre lot.
      1949 Carrollton Villa Rica Hwy, Villa Rica, GA 30180
      View Details
    • New
      $675,000
      Pending

      Villa Rica Mixed-Use Property

      Remodeled office space with outbuildings on Highway 61.
      1949 Carrollton Villa Rica Hwy, Villa Rica, GA 30180
      View Details
    • $1,100,000
      5,379 SF

      Villa Rica Commercial Office Property

      High-traffic commercial office property in Villa Rica, Georgia.
      809 W Bankhead Hwy, Villa Rica, GA 30180
      View Details
    • $399,900
      2,491 SF

      Villa Rica Commercial Property For Sale

      Commercial property in Villa Rica with road frontage and parking.
      214 Maple St, Villa Rica, GA 30180
      View Details
    • $399,900
      0.28 Acres

      Villa Rica Commercial Property For Sale

      Commercial property in Villa Rica with road frontage and parking.
      214 Maple St, Villa Rica, GA 30180
      View Details
    • Contact for pricing
      0.93 Acres

      Turn-Key Office/Medical Space Available

      Prime commercial location near I-20, Walmart, and Home Depot.
      125 Commons Way, Villa Rica, GA 30180
      View Details
    • $500,000
      1,574 SF

      Georgia Farmhouse on 25 Acres

      25-acre Georgia farm with updated farmhouse and agricultural infrastructure.
      415 Tapley Rd, Villa Rica, GA 30180
      View Details
    • $500,000
      24.82 Acres

      Villa Rica Farm and Land

      25-acre working farm with updated home and diverse potential.
      415 Tapley Rd, Villa Rica, GA 30180
      View Details
    • $500,000
      24.82 Acres

      25 Acre Georgia Farm Ready

      Working farm with home, pastures, lake, and outbuildings.
      415 Tapley Rd, Villa Rica, GA 30180
      View Details
    • Contact for pricing
      0.27 Acres

      Mobile Home Lot Near I-20

      Mobile home lot in established community, convenient location.
      158 N Villa Rd, Villa Rica, GA 30180
      View Details
    • $125,000
      Pending

      Warehouse in Villa Rica City

      Warehouse on corner lot near downtown Villa Rica shopping.
      301 Peachtree St, Villa Rica, GA 30180
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.51 acre commercial land with utilities in Villa Rica.
    Where is this commercial land located?
    The property is located at 115 Paris Dr Villa Rica, GA.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - 1.51 +/- acre tract of property; - Assemblage of three level lots; - Public sewer available
    (770) 361-4553
    Request Owner's contact information
    115 Paris Dr Villa Rica, GA 30180
    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.
    115 Paris Dr
    Villa Rica, GA 30180
    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
    115 Paris Dr Villa Rica, GA 30180
    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
    Andrea K Wilkins
    Andrea K Wilkins
    (770) 361-4553
    Learn more
    Google sign-in failed. Please try again or use another login method.