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

    161 Paso Fino Lane Bloomingdale, GA 31302

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at 161 Paso Fino Lane, Bloomingdale, GA
    For Sale
    Under Contract
    $6,000,000

    LAND - Bloomingdale, GA

    Lot size:
    304.00 Acres
    Added:
    Apr 17, 2023
    Days on Market:
    1098
    Last Refresh:
    Apr 18 at 7:06 pm

    Property Features for 161 Paso Fino Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-A
    Standard status
    Active Under Contract
    APN
    1104702005
    Lot size
    304.00 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Description
    PART COAKLEY TRACT PINE BARREN R OAD & MOBILE HOME
    Tax Annual Amount
    1739

    Utilities

    Sewer type
    Septic Tank
    Water source
    Private, Well

    Building Details

    Year built
    1994

    We can help!

    Listing Contact
    Ronald M. Walker

    Listing agent Ronald M. Walker License #175491

    Listing office Today Real Estate, LLC 424 Cardinal Street, Pooler, GA

    Listing date Apr 17, 2023

    MLS# SA286871 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

    304 Acres in Bloomingdale, GA

    This property features 304 acres of land in Bloomingdale, Georgia. According to the listing, the site is suitable for single-family homes or a multifamily development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Hotel & Motel Department Store Food Market Grocery & Convenience Store Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomingdale
    County
    Chatham
    State
    Georgia
    Longitude
    -81.365459
    Latitude
    32.091611

    Nearby Similar for Sale

    • $1,550,000

      Bloomingdale Land Development Opportunity

      7.45 acres of upland, ideal for commercial development.
      50 Old River Road, Bloomingdale, GA 31402
      View Details
    • $1,550,000

      Bloomingdale Land Development Opportunity

      Prime land parcel in Bloomingdale, GA, for commercial development.
      50 Old River Road, Bloomingdale, GA 31402
      View Details
    • $119,900

      Bloomingdale Wooded Lot For Sale

      0.78-acre wooded lot in Bloomingdale, Georgia, for residential development.
      S Hickory Street, Bloomingdale, GA 31302
      View Details
    • $99,906

      Cleared Land in Bloomingdale, GA

      Cleared 0.66-acre land with utilities in Chatham County, GA.
      210 Wallace Circle, Bloomingdale, GA 31302
      View Details
    • $135,000

      Bloomingdale Land Near Savannah

      0.97-acre property near I-16, Hyundai plant, and Savannah.
      222 Wallace Circle, Bloomingdale, GA 31302
      View Details
    • $800,000
      1,400 SF

      Bloomingdale Industrial Development Opportunity

      2.48 acres in Bloomingdale's expanding industrial corridor.
      1726 Pine Barren Road, Bloomingdale, GA 31302
      View Details
    • $800,000

      Bloomingdale Industrial Development Opportunity

      2.48 acres in Bloomingdale's industrial corridor.
      1726 Pine Barren Road, Bloomingdale, GA 31302
      View Details
    • $1,750,000

      Highway Frontage Land For Sale

      10 acres near Hyundai Meta Site with highway frontage.
      US Highway 80, Bloomingdale, GA 31302
      View Details
    • $10,000,000

      300 Acres Near Savannah, GA

      300-acre land parcel near Savannah with established bar pit.
      659 Godley Road, Bloomingdale, GA 31302
      View Details
    • $10,000,000

      300 Acres Near Savannah, GA

      Investment opportunity: 300 acres with established bar pit near Savannah.
      659 Godley Road, Bloomingdale, GA 31302
      View Details
    • $1,250,000
      3,846 SF

      Bloomingdale Industrial Parcel For Sale

      5.36-acre I-1 zoned industrial parcel in thriving industrial corridor.
      1724 Pine Barren Road, Bloomingdale, GA 31302
      View Details
    • $9,500,000

      84+ Acres in Bloomingdale, GA

      Development opportunity near I-16, suitable for light industrial or multi-family.
      1075 Osteen Road, Bloomingdale, GA 31302
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Large land parcel suitable for residential development in Bloomingdale, GA.
    Where is this residential land & home lot located?
    The property is located at 161 Paso Fino Lane Bloomingdale, GA.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: 300+ acres of land, offering ample space and possibilities.; Suitable for single‑family homes or multifamily site.; Private Well water source.
    (912) 658-5400
    We can help!
    Listing Contact
    Ronald M. Walker
    Real Estate License ID: 175491
    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!