Sign Up Successful!
You now have access to more from Realmo!
    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

    1993 Highway 16 Jackson, GA 30233

    Sponsored
    For Sale
    $3,735,667

    LAND - Jackson, GA

    Lot size:
    131.08 Acres
    Days on Market:
    172
    Last Refresh:
    Jan 21 at 7:06 pm

    Property Features for 1993 Highway 16

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Partially Wooded, Cleared, Grassed
    APN
    00200011000
    Lot size
    131.08 Acres

    Utilities

    Utilities
    Water Available
    Water source
    Public

    We can help!

    Listing Contact
    Tim Houska

    Keller Williams Realty Atlanta Partners (770) 692-0888 [email protected]

    Listing agent Tim Houska (770) 692-0888

    Listing date Aug 3, 2025

    MLS# 10529400 Listing URL

    Copyright © 2025 Georgia Multiple Listing Service. 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

    Sprawling Acreage in Jackson, Georgia

    This 131.08-acre property is located just outside the City of Jackson, in Butts County, Georgia. The land features a small lake, pastures, and extensive frontage on two major roadways. The property has 5,266 feet of street frontage, with 2,620 linear feet on Highway 16 running east to west, and 2,646 linear feet on Barnes Road spanning north to south. The land includes rolling pastures, minimal wooded areas, and a creek running along the left side and rear of the property. A spring-fed pond is located near Hwy 16, with approximate dimensions of 866 ft x 370 ft x 880 ft. The land forms an almost perfect square, and is mostly cleared and ready for immediate use. The property is zoned X, indicating a low flood risk with a 500-year flood level. The property is suited for residential subdivisions, senior community, agricultural development, or commercial expansion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Wholesale Shop Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Butts
    State
    Georgia
    Longitude
    -84.041112
    Latitude
    33.282466

    Nearby Similar for Sale

    • $1,000,000
      9,600 SF

      New Flex Space in Jackson

      Modern 9,600 SF flex space on 4.32 acres for sale.
      881 Barnetts Bridge Rd, Jackson, GA 30233
      View Details
    • $325,000
      1,215 SF

      Downtown Jackson Commercial Building For Sale

      Commercial building in downtown Jackson, ready for immediate use.
      348 S Mulberry St, Jackson, GA 30233
      View Details
    • New
      $259,900
      0.63 Acres

      Three-Unit Rental Income Property

      Three-unit property under renovation, sold as-is in Jackson, GA.
      466 West Ave, Jackson, GA 30233
      View Details
    • $669,000
      4,436 SF

      Jackson, GA Commercial Investment

      High-visibility commercial building with tenant in place until 2028.
      621 E 3Rd St, Jackson, GA 30233
      View Details
    • $399,999
      2,044 SF

      Highway 36 Commercial Property

      Commercial property near Highway 36, Jackson, GA, for sale.
      1710 Highway 36 W, Jackson, GA 30233
      View Details
    • $269,900
      1.45 Acres

      Lakefront Lot in Jackson, GA

      Deeded lot with expansive lake views and high-speed internet.
      Riv Pt Rd, Jackson, GA 30233
      View Details
    • $1,321,450
      69.55 Acres

      69.55 Acres Near Jackson Lake

      69.55 acres near Jackson Lake with development potential.
      Bakers Cir/Hall Brg Rd, Jackson, GA 30233
      View Details
    • $199,900
      1,008 SF

      Iconic Landmark Store on 1.45 Acres

      Commercial property with multiple possibilities on 1.45 acres.
      1701 Stark Rd, Jackson, GA 30233
      View Details
    • $5,200,000

      Licensed Personal Care Home Facility

      Active 48-bed personal care home on 18.16-acre campus.
      286 Four Points Rd, Jackson, GA 30233
      View Details
    • $899,000
      13,744 SF

      Retail Property in Jackson, Georgia

      Retail property available for sale in Jackson, Georgia.
      10 3Rd St, Jackson, GA 30233
      View Details
    • $449,999
      2,044 SF

      Highway 36 Retail Opportunity

      High-traffic location, versatile commercial space
      1710 Highway 36, Jackson, GA 30233
      View Details
    • $495,000
      4,411 SF

      Jackson Industrial Space - Great Potential

      Versatile industrial building, ample parking, 4,411 sq ft
      315 Jackson Lake Inn Rd, Jackson, GA 30233
      View Details

    FAQs

    What type of property is this?
    Land - 131.08 acres with road frontage and development potential.
    Where is this land located?
    The property is located at 1993 Highway 16 Jackson, GA.
    What is the asking price?
    The asking price for this property is $3,735,667.
    What are key features of this property?
    This property features: - Large Acreage: 131.08 acres offering significant development potential.; - Extensive Road Frontage: 5,266 feet combined on Highway 16 and Barnes Road, providing excellent visibility and access.; - Low Flood Risk: Zoned X, indicating minimal flood risk and suitability for construction.
    (770) 692-0888
    Request Owner's contact information
    1993 Highway 16 Jackson, GA 30233
    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.
    1993 Highway 16
    Jackson, GA 30233
    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
    1993 Highway 16 Jackson, GA 30233
    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

    We can help!
    Listing Contact
    Tim Houska
    Real Estate License ID: 382445
    (770) 692-0888
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.