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

    124 Oak Street Rincon, GA 31326

    View on Map
    Claim this Listing
    New
    For Sale
    $95,000

    LAND - Rincon, GA

    Lot size:
    1.00 Acre
    Added:
    Apr 23, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 26 at 6:06 am

    Property Features for 124 Oak Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AR-2
    Standard status
    Active
    APN
    0450D-00000-015-A00
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    1.00 AC PAR 2 (OUT 450D-15) PLT 29/37
    Tax Annual Amount
    733

    We can help!

    Listing Contact
    Kelsie M. Glasco

    Listing agent Kelsie M. Glasco License #359197

    Listing office Platinum Properties 135 Goshen Road Ext Suite 120, Rincon, GA

    Listing date Apr 23, 2026

    MLS# SA354507 Listing URL

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

    Overview

    Rincon, GA Vacant Land

    This one-acre vacant lot is located on a quiet road in Rincon, Georgia. It is situated near local amenities and within a sought-after school district. A large shed is included with the sale. Electricity is available at the street, facilitating ease of construction. The property is zoned AR-2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Auto Repair Shop Accounting Firm Department Store Electrical Service Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rincon
    County
    Effingham
    State
    Georgia
    Longitude
    -81.244036
    Latitude
    32.252339

    Nearby Similar for Sale

    • $650,000
      3,015 SF

      Prime Acre Parcel on Goshen

      High-visibility 1-acre parcel in a rapidly developing area.
      1957 Goshen Road, Rincon, GA 31326
      View Details
    • $750,000

      Prime Corner Parcel in Rincon

      1.92-acre corner parcel with high visibility and flexible zoning.
      2720 Ga Highway 21 S, Rincon, GA 31326
      View Details
    • $549,000
      1,497 SF

      Rincon, GA Commercial Land

      3.12 acres of commercial land in Rincon, Georgia.
      1391 Goshen Road, Rincon, GA 31326
      View Details
    • $549,000
      1,470 SF

      Rincon, GA Commercial Land

      3.12 acres of commercial land in Rincon, Georgia.
      1383 Goshen Road, Rincon, GA 31326
      View Details
    • $750,000

      Rincon, GA Corner Parcel

      1.92-acre corner parcel in Rincon's commercial corridor.
      2720 Ga Highway 21 S, Rincon, GA 31326
      View Details
    • $479,000

      Rincon, GA 17+ Acre Land

      17+ acre tract in Effingham County, between Springfield and Rincon.
      001 RACE PATH, Rincon, GA 31326
      View Details
    • $490,000

      Rincon Commercial Land Opportunity

      Prime commercial land in Rincon, GA, with high visibility.
      Goshen Extension Road, Rincon, GA 31326
      View Details
    • $110,000

      Rincon, GA Buildable Land

      1.204 acre buildable lot outside Rincon city limits.
      McCall Road, Rincon, GA 31326
      View Details
    • $200,000

      Rincon, GA Land Parcel

      Nearly 2-acre wooded parcel near Rincon Elementary School.
      1633 Fort Howard Road, Rincon, GA 31326
      View Details
    • $550,000

      Pad Ready Site Available

      Pad-ready site with great visibility and easy access.
      595 W Towne Park Dr PAD, Rincon, GA 31326
      View Details
    • $123,000

      Rincon, GA Wooded Land

      1.84 acres of wooded land in Rincon, Georgia.
      4 Little McCall Road, Rincon, GA 31326
      View Details
    • $125,000

      Rincon Multifamily Development Opportunity

      Two-acre lot rezoned for multifamily development in Rincon, Georgia.
      Cricket Lane, Rincon, GA 31326
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - One-acre lot in Rincon, build-ready with shed.
    Where is this residential land & home lot located?
    The property is located at 124 Oak Street Rincon, 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: Prime 1‑acre lot in Rincon, offering ample space for building; Located in a highly sought‑after school district; Convenient access to all of Rincon's amenities
    (912) 665-9125
    We can help!
    Listing Contact
    Kelsie M. Glasco
    Real Estate License ID: 359197
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!