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    The Largest CRE Database in the US with Over 1 Million Listings

    1371 Plantation Rd Madison, GA 30650

    Sponsored
    For Sale
    $2,399,000

    Farm, Other,Rustic - Madison, GA

    Type:Farm
    Property size:
    2,800 SF
    Lot size:
    25.00 Acres
    Days on Market:
    3
    Last Refresh:
    Feb 5 at 4:06 am

    Property Features for 1371 Plantation Rd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    Agricultural
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    3
    Parking features
    Other
    Exterior features
    Stables, Barn, Fenced Fully, Gravel Drive, Stable
    Fencing
    Fenced, Full
    Appliances
    Cooktop, Dishwasher, Refrigerator, Washer
    Size
    2,800 SF
    Lot size
    25.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2007
    Building materials
    Other, Wood Siding
    Architectural style
    Rustic
    Additional Structures
    Barn(s), Stable(s)

    We can help!

    Listing Contact
    Adam Shields

    Kim & Lin Logan Real Estate

    Listing agent Adam Shields (478) 997-6400

    Listing date Feb 3, 2026

    MLS# 70216 Listing URL

    Copyright © 2026 Lake Country Board of Realtors, Inc (GA). 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

    Equestrian Facility on 25 Acres

    This state-of-the-art equestrian facility is situated on 25 rolling acres in the heart of Madison’s renowned horse country. Purpose-built for dressage training and clinics, this exceptional property offers both indoor and outdoor arenas, a 26-stall barn, extensive turnout, and on-site living. The 20,000 square foot indoor arena features Euro Felt footing, a wall of mirrors, upgraded LED lighting, a sound system, and a newly constructed viewing room. Outdoor amenities include a 125’ x 250’ arena, round pen, six individual paddocks, five large turnout fields each equipped with a run-in shed, and a 10+ acre gallop field, all supported by four-board and electrical fencing. The 10,000 square foot barn includes 26 stalls (12x12 to 12x16), three wash rooms, grooming room with vacuum, two temperature-controlled tack rooms, office space, laundry room, and a full bath with tiled shower. A 2,500 square foot owners’ apartment offers flexible living with multiple bedrooms and baths, a remodeled kitchen, and updated systems, ideal for owners, staff, or guests. Additional highlights include a 50+ GPM artesian well, tankless water heater, reinforced paddocks, new siding panels, new sewer pump and drain field, skirt board installation, and approximately five additional acres cleared. Multiple ideal building sites complete this rare offering. This is a turnkey equestrian property designed for serious horsemen, training programs, or private estate use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mia Vita Hacienda Horse Boarding Stable

    Suggested Use

    Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Morgan
    State
    Georgia
    Longitude
    -83.439599
    Latitude
    33.668322

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    FAQs

    What type of property is this?
    Horse & equestrian property - State-of-the-art equestrian facility in Madison's horse country.
    Where is this horse & equestrian property located?
    The property is located at 1371 Plantation Rd Madison, GA.
    What is the asking price?
    The asking price for this property is $2,399,000.
    What are key features of this property?
    This property features: - State-of-the-art equestrian facility with indoor (20,000± sq ft) and outdoor arenas designed for dressage training and clinics.; - 26-stall barn (10,000± sq ft) with wash rooms, grooming room, temperature-controlled tack rooms, office, laundry, and full bath.; - 25 rolling acres featuring extensive turnout including paddocks, large turnout fields with run-in sheds, and a 10+ acre gallop field.
    (478) 997-6400
    Request Owner's contact information
    1371 Plantation Rd Madison, GA 30650
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    Madison, GA 30650
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    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
    1371 Plantation Rd Madison, GA 30650
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    We can help!
    Listing Contact
    Adam Shields
    (478) 997-6400
    Learn more
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