Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Spacious Lot in Warner Robins Title is generated by Realmo AI

    120 North Lake Drive, Warner Robins, GA 31093

    View on Map
    Claim this Listing
    For Sale
    $50,000

    Investment - Warner Robins, GA

    Property size:
    33,977 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $1.47/SF
    Added:
    Mar 20, 2026
    Days on Market:
    55
    Last Refresh:
    May 13 at 7:06 am

    Property Features for 120 North Lake Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C-3
    Standard status
    Active
    Size
    33,977 SF
    Lot size
    0.50 Acres

    Utilities

    Heating system
    None (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Building materials
    See Remarks
    Architectural style
    Other

    We can help!

    Listing Contact
    Laura Branham
    Laura Branham

    Listing agent Laura Branham

    Listing office LANDMARK REALTY 902 Northside Drive, Perry, GA

    Listing date Mar 20, 2026

    MLS# 261748 Listing URL

    Copyright © 2026 Central Georgia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1/2 acre lot with potential for single‑family or multi‑family development.
    • Located in a highly desirable area of Warner Robins, GA.
    • Convenient access to shopping, dining, schools, and Robins Air Force Base.
    • Short drive to Macon for easy commuting.
    • Ideal for builders, investors, or homeowners.
    • Generous size allows for flexible design and construction.

    Overview

    This half-acre lot, encompassing 33977 square feet, is located in Warner Robins, GA. The property is zoned C-3 and presents an opportunity for building a single-family home or developing multi-family housing. The location provides access to shopping, dining, schools, and Robins Air Force Base. Macon is also within driving distance. This property is located in Houston County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Warner Robins
    County
    Houston
    State
    Georgia
    Longitude
    -83.66208
    Latitude
    32.605183

    Nearby Similar for Sale

    • $550,000
      2,280 SF

      Warner Robins Commercial Office Building

      Commercial building suitable for business relocation or new ventures.
      327 Margie Drive, Warner Robins, GA 31088
      View Details
    • $550,000
      2,280 SF

      Warner Robins Commercial Office Building

      Office building with multiple spaces and conference room in Georgia.
      327 Margie Drive, Warner Robins, GA 31088
      View Details
    • $1,700,000
      7,200 SF

      Spacious Medical Building Near Emory

      Versatile medical building near Emory Hospital with room to grow.
      105 Briarcliff Road, Warner Robins, GA 31088
      View Details
    • $252,000
      2,673 SF

      Warner Robins Commercial Opportunity

      2,673 sq ft building suitable for medical or professional use.
      1037 N Houston Road, Warner Robins, GA 31093
      View Details
    • $450,000
      4,400 SF

      Office Building in Warner Robins

      Office building with expansion potential in Warner Robins, Georgia.
      403 1/2 S Pleasant Hill Road, Warner Robins, GA 31093
      View Details
    • $450,000
      3,800 SF

      Commercial Lot Near Robins AFB

      Prime commercial lot with high visibility and income potential.
      410 Watson Boulevard, Warner Robins, GA 31093
      View Details
    • $1,700,000
      7,200 SF

      Spacious Medical Building Near Emory

      Versatile medical facility near Emory Hospital with room to grow.
      105 Briarcliff Road, Warner Robins, GA 31088-0000
      View Details
    • $2,000,000
      21,470 SF

      Versatile Commercial Property in Warner Robins

      9.4-acre commercial property with office and industrial buildings, great location.
      441 Dunbar Road, Warner Robins, GA 31093
      View Details
    • $1,200,000
      5,016 SF

      Medical Office on Russell Parkway

      Commercial property with physician office setup and additional buildable lot.
      1260 Russell Parkway, Warner Robins, GA 31088-5540
      View Details
    • $450,000
      2,822 SF

      Commercial Building with Luxury Apartment

      Commercial building in Warner Robins with upstairs luxury apartment.
      342 Corder Road, Warner Robins, GA 31088
      View Details
    • $115,000

      Commercial Lot on Moody Road

      3.55-acre commercial lot with high visibility and traffic.
      2013 Moody Road, Warner Robins, GA 31088
      View Details
    • $115,000

      Commercial Lot in Warner Robins

      3.55-acre commercial lot with high visibility and traffic.
      2013 Moody Road, Warner Robins, GA 31088
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Half-acre lot with potential for single or multi-family housing.
    Where is this residential land & home lot located?
    The property is located at 120 North Lake Drive Warner Robins, GA.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: 1/2 acre lot with potential for single‑family or multi‑family development.; Located in a highly desirable area of Warner Robins, GA.; Convenient access to shopping, dining, schools, and Robins Air Force Base.
    (478) 951-9617
    We can help!
    Listing Contact
    Laura Branham
    Laura Branham
    Real Estate License ID: 356996
    Learn More
    Request Owner's contact information
    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
    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

    Thank You for Inquiry
    120 North Lake Drive, Warner Robins, GA 31093
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!