Your AI Navigator in Commercial Real Estate
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

    2878 E Hermitage Rd Kingston, GA 30145

    Sponsored
    For Sale
    $699,000

    LAND - Kingston, GA

    Property size:
    3,000 SF
    Lot size:
    41.42 Acres
    Days on Market:
    7
    Last Refresh:
    Jan 19 at 2:06 pm

    Property Features for 2878 E Hermitage Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Cleared, Partially Wooded
    APN
    N12 029
    Size
    3,000 SF
    Lot size
    41.42 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Water source
    Well

    Building Details

    Additional Structures
    Workshop

    We can help!

    Listing Contact
    Kathie Marable

    Toles,Temple and Wright, Inc. (706) 291-0202 [email protected]

    Listing agent Kathie Marable (706) 291-0202

    Listing date Jan 13, 2026

    MLS# 10652977 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

    Versatile Land with Functional Building

    This 41.42-acre agricultural tract, offered as two combined plats, is located minutes from Barnsley Gardens. The property features a blend of open usable land and rolling wooded areas. A 1/4 mile driveway, bordered by a split-rail fence, leads to a versatile 3,000 sq ft metal building, currently used for a mail-order business. The building includes loft storage, a warehouse door, and a 1,000 sq ft office suite with a kitchen, a bathroom with washer/dryer, three private offices, and a waiting area. The entire building is heated and cooled. Covered concrete pads are located at the front and back of the building. Well water, high-speed internet, and electricity are in place. The land includes cleared areas suitable for pasture and wooded sections with established paths, suitable for ATV riding, hunting, or recreation. The property is located in Kingston, GA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Map

    City
    Kingston
    County
    Bartow
    State
    Georgia
    Longitude
    -85.023818
    Latitude
    34.313284

    Nearby Similar for Sale

    • $779,000
      23.00 Acres

      Historic Stonehurst House on Large Land

      Historic home on 23 acres with creek and pastures.
      650 Kingston Hwy, Kingston, GA 30145
      View Details
    • $265,000
      5.24 Acres

      Kingston Ranch with Development Potential

      5.2 acres with structures, ideal for various development projects.
      655 Hall Station Rd, Kingston, GA 30145
      View Details

    FAQs

    What type of property is this?
    Warehouse - 41.42 acres with a 3,000 sq ft metal building.
    Where is this warehouse located?
    The property is located at 2878 E Hermitage Rd Kingston, GA.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - 41.42 acre agricultural tract with a blend of open land and wooded areas.; - Versatile 3,000 sq ft heated and cooled metal building with office suite, kitchen, bath, and warehouse door.; - Convenient utilities: well water, high-speed internet, and electricity already in place.
    (706) 291-0202
    Request Owner's contact information
    2878 E Hermitage Rd Kingston, GA 30145
    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.
    2878 E Hermitage Rd
    Kingston, GA 30145
    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
    2878 E Hermitage Rd Kingston, GA 30145
    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
    Kathie Marable
    Real Estate License ID: 269347
    (706) 291-0202
    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.