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

    12656 Highway 27 Summerville, GA 30747

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

    LAND - Summerville, GA

    Lot size:
    1.82 Acres
    Added:
    Apr 2, 2026
    Days on Market:
    20
    Last Refresh:
    Apr 21 at 1:06 pm

    Property Features for 12656 Highway 27

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R3
    Vegetation
    Partially Wooded, Grassed
    Standard status
    Active
    APN
    00P0700000046000
    Lot size
    1.82 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    850

    Utilities

    Utilities
    Phone Available

    Building Details

    Year built
    1937
    Additional Structures
    Residence

    We can help!

    Listing Contact
    Whitney Bagley

    Listing agent Whitney Bagley License #394816

    Listing office Keller Williams Realty Northwest, LLC. 22 Felton Place Suite 104, Marietta, GA

    Listing date Apr 2, 2026

    MLS# 7744748 Listing URL

    Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land on Highway 27

    This 1.82-acre parcel is located on Highway 27 in Summerville, Georgia. The property has an existing structure that was previously inhabited, but is not currently habitable. Utilities were present on the property in the past. The zoning is R3. This property may be suitable for a homesite or investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Summerville
    County
    Chattooga
    State
    Georgia
    Longitude
    -85.32184
    Latitude
    34.511284

    Nearby Similar for Sale

    • $483,500

      Historic Mixed-Use Redevelopment Opportunity

      Meticulously rebuilt mixed-use property with historic architectural details.
      91 Georgia Avenue, Summerville, GA 30747
      View Details
    • $20,000

      Highway 27 Commercial Land Opportunity

      Land parcel with highway frontage and commercial rezoning potential.
      Highway 27, Summerville, GA 30747
      View Details
    • $199,000

      Commercial Lot in Summerville, GA

      0.48 acre commercial lot with high visibility.
      14 Favor Street, Summerville, GA 30747
      View Details
    • $624,975

      Summerville Land Ideal for Recreation

      Expansive property perfect for recreation, hunting, and building.
      Highway 100, Summerville, GA 30747
      View Details
    • $1,700,000
      11,300 SF

      Highway 27 Commercial Opportunity

      15.52 acre commercial property with multiple development opportunities.
      1500 Highway 27, Summerville, GA 30747
      View Details
    • $19,900

      Residential Lot in Magnolia Ridge

      1.14-acre lot in Summerville's desirable Magnolia Ridge community.
      98 Magnolia Court, Summerville, GA 30747
      View Details
    • $19,900

      Residential Lot in Magnolia Ridge

      1.14-acre lot in Summerville's Magnolia Ridge community.
      98 Magnolia Court, Summerville, GA 30747
      View Details
    • $58,000

      Summerville Land with Solar Power

      1.47 acre lot with solar, creek, and utilities.
      45 Roosevelt Street, Summerville, GA 30747
      View Details
    • $57,000

      Summerville Land Investment Opportunity

      2.14 acres with utilities, investment potential in Summerville, GA.
      77 Susie Lane, Summerville, GA 30747
      View Details
    • $42,000

      Summerville, GA Acreage with Views

      4.86-acre parcel with mountain views near Summerville, Georgia.
      Lookout View Drive, Summerville, GA 30747
      View Details
    • $65,000

      Summerville Land Ready to Build

      5.15 acres of land near Sloppy Floyd Lake State Park.
      White Oak Road, Summerville, GA 30747
      View Details
    • $275,000
      4,750 SF

      Downtown Summerville Retail Opportunity

      Retail building and land for sale in downtown Summerville.
      59 Union Street, Summerville, GA 30747
      View Details

    FAQs

    What type of property is this?
    Land - 1.82 acre lot with potential in Summerville, Georgia.
    Where is this land located?
    The property is located at 12656 Highway 27 Summerville, 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: Highway 27 Frontage: Offers accessibility and potential for various uses; Existing Structure: Provides a foundation for renovation or redevelopment; Utilities Previously On‑Site: May simplify future development (buyer to verify)
    (678) 631-1700
    We can help!
    Listing Contact
    Whitney Bagley
    Real Estate License ID: 394816
    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!