Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Springfield, GA Land For Sale Title is generated by Realmo AI

    510 Egypt Ardmore Road, Springfield, GA 31329

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at 510 Egypt Ardmore Road, Springfield, GA
    Pending
    $200,000

    LAND - Springfield, GA

    Lot size:
    19.85 Acres
    Added:
    Apr 12, 2023
    Days on Market:
    1149
    Last Refresh:
    Jun 3 at 1:06 pm

    Property Features for 510 Egypt Ardmore Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AR-1
    Standard status
    Pending
    APN
    02450-00000-007-000
    Lot size
    19.85 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Description
    19.85 AC LT 4
    Tax Annual Amount
    1628

    Building Details

    Year built
    1978

    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 12, 2023

    MLS# SA286684 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.

    HighLights

    • Great location makes this property a desirable investment.
    • Possible multi‑family site offering development opportunities.
    • Year Built: 1978.
    • Owner has a Georgia Real Estate license.
    • Latitude Location: 32.495792.
    • Longitude Location: -81.43772.

    Overview

    This 19.85-acre property is located in Springfield, Georgia. It is zoned AR-1 and is suitable for a private home or a multi-family site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Springfield
    County
    Effingham
    State
    Georgia
    Longitude
    -81.437725
    Latitude
    32.495793

    Nearby Similar for Sale

    • $899,900
      3,882 SF

      Versatile Springfield Office/Venue Opportunity

      Two-story brick building on 2+ acres, ideal for various uses.
      2036 Ga Highway 21 S, Springfield, GA 31329
      View Details
    • $30
      1,360 SF

      Retail/Office Space in Springfield, GA

      Professional office or retail spaces for lease in Springfield, GA.
      745 McCall Road, Springfield, GA 31329
      View Details
    • $189,000

      6 Acres Homesite Near Springfield

      6-acre homesite near Springfield, ready for building.
      02 SPRINGFIELD EGYPT Road, Springfield, GA 31329
      View Details
    • $189,000

      6 Acres Homesite Near Springfield

      6-acre homesite near Springfield, ready for custom build.
      03 SPRINGFIELD EGYPT Road, Springfield, GA 31329
      View Details
    • $189,000

      6 Acres Ready Homesite

      Prime homesite near Springfield, ready for custom build.
      01 Springfield Egypt Road, Springfield, GA 31329
      View Details
    • $150,000

      Residential Land Tract with Gate

      Build-ready 5.48-acre wooded tract with a cleared homesite, installed entrance gate, and completed perc test.
      1743 Shawnee Egypt Road, Springfield, GA 31329
      View Details
    • $400,000

      Springfield, GA Commercial Land

      Approximately 1 acre of B-1 zoned commercial land for sale.
      1810 S Hwy 21, Springfield, GA 31329
      View Details
    • $349,000

      Commercial Land Development Opportunity

      Well-sized parcel in Springfield’s downtown business district, with potential for commercial rezoning and future value growth.
      W Madison Street, Springfield, GA 31329
      View Details
    • $105,000

      Springfield, GA Buildable Lot

      3.16 acre buildable lot with pond and utilities.
      2362 Old Dixie Highway S, Springfield, GA 31329
      View Details
    • $1,000,000

      Highway 21 Commercial Land Opportunity

      13.13 acres with 332 feet of frontage on Highway 21.
      Hwy 21, Springfield, GA 31329
      View Details
    • $1,000,000

      Highway 21 Commercial Land Opportunity

      13.13 acres with 332 feet of frontage on Highway 21.
      Hwy 21, Springfield, GA 31329
      View Details
    • $173,000

      Residential Land in Springfield, Georgia

      Charming residential land in historic Springfield, near Savannah.
      S Cedar Street, Springfield, GA 31329
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 19.85 acre residential land in Springfield, Georgia.
    Where is this residential land & home lot located?
    The property is located at 510 Egypt Ardmore Road Springfield, GA.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Great location makes this property a desirable investment.; Possible multi‑family site offering development opportunities.; Year Built: 1978.
    (912) 658-5400
    We can help!
    Listing Contact
    Ronald M. Walker
    Real Estate License ID: 175491
    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

    Thank You for Inquiry
    510 Egypt Ardmore Road, Springfield, GA 31329
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!