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 Old Smyrna Rd SW Conyers, GA 30094

    Sponsored
    For Sale
    $249,000

    LAND - Conyers, GA

    Lot size:
    9.72 Acres
    Days on Market:
    15
    Last Refresh:
    Feb 5 at 9:06 pm

    Property Features for 1993 Old Smyrna Rd SW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0270010018
    Fencing
    Chain Link
    Lot size
    9.72 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    Building Details

    Additional Structures
    Outbuilding

    We can help!

    Listing Contact
    Jessica Pedreira

    Virtual Properties Realty (770) 495-5050

    Listing agent Jessica Pedreira (770) 495-5050

    Listing date Jan 22, 2026

    MLS# 10424439 Listing URL

    Copyright © 2026 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

    Conyers Land for Residential Development

    This 9.72-acre property in Conyers, Georgia, offers a peaceful and private setting for residential development. Located in Rockdale County, the land is suitable for building a dream home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Hair Salon Department Store Accounting Firm Grocery & Convenience Store Garden Center Grocery & Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Conyers
    County
    Rockdale
    State
    Georgia
    Longitude
    -84.064023
    Latitude
    33.638405

    Nearby Similar for Sale

    • $1,494,000
      1,700 SF

      Renovated Multifamily Property Near I-20

      Fully renovated, furnished 6-unit multifamily property near I-20 and Horse Park.
      846 Park Pl, Conyers, GA 30012
      View Details
    • $3,200,000
      24,750 SF

      Versatile Commercial Property with Auditoriums

      Turnkey property with auditoriums, kitchen, and modern upgrades in Conyers.
      3777 SE Troupe Smith Rd, Conyers, GA 30094
      View Details
    • New
      $725,000
      5,040 SF

      Versatile Commercial Office Building

      Commercial office building with potential for four suites.
      1806 Over Lake Dr SE, Conyers, GA 30013
      View Details
    • $790,000
      Pending

      Conyers Office/Manufacturing Building For Sale

      Meticulously maintained office/manufacturing building with lake and ample parking.
      2141 Eastview Pkwy NE, Conyers, GA 30013
      View Details
    • New
      $2,900,000
      7,346 SF

      Conyers Adult Day Care Facility

      Turnkey adult day health care facility for sale in Conyers.
      1105 N Main St NW, Conyers, GA 30012
      View Details
    • $325,000
      3,215 SF

      Conyers Commercial Property with Offices

      Spacious commercial building with offices, conference room, and ample parking.
      1902 SW Old Covington Hwy, Conyers, GA 30012
      View Details
    • New
      $279,900
      1,410 SF

      Updated Commercial Property in Conyers

      Charming, updated commercial property in Old Towne Conyers, near I-20.
      1007 Peek St NW, Conyers, GA 30012
      View Details
    • $1,000,000
      7,000 SF

      Conyers Commercial Property For Sale

      Income-producing commercial property with high visibility and multiple rental streams.
      1128 West Ave SW, Conyers, GA 30012
      View Details
    • $3,300,000
      293,159 SF

      Conyers Multi-Building Acreage Opportunity

      Unique 6.43-acre property with multiple buildings near downtown Conyers.
      2360 Old Covington Hwy SW, Conyers, GA 30012
      View Details
    • New
      $372,500
      0.34 Acres

      Conyers Duplex: Investor Opportunity

      Brick duplex near new manufacturing plants, ideal for investors.
      2611 Golfview Ter SE, Conyers, GA 30013
      View Details
    • New
      $372,500
      0.34 Acres

      Conyers Duplex: Investor Opportunity

      Brick duplex near new manufacturing plants, ideal for investors.
      2611 Golfview Ter SE, Conyers, GA 30013
      View Details
    • New
      $385,000
      0.49 Acres

      Conyers Duplex: Investment Opportunity

      Well-maintained duplex near new manufacturing facilities, strong income potential.
      2609 Country Trce SE, Conyers, GA 30013
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 9.72 acre property suitable for building a dream home.
    Where is this residential land & home lot located?
    The property is located at 1993 Old Smyrna Rd SW Conyers, GA.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - 9.72 acre property offering ample space.; - Private and peaceful location, ideal for serene living.; - Opportunity to build a custom dream home tailored to your exact needs.
    (850) 528-4154
    Request Owner's contact information
    1993 Old Smyrna Rd SW Conyers, GA 30094
    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 Old Smyrna Rd SW
    Conyers, GA 30094
    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 Old Smyrna Rd SW Conyers, GA 30094
    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
    Jessica Pedreira
    (850) 528-4154
    Learn more
    Google sign-in failed. Please try again or use another login method.