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

    5158 SE Groovers Landing Rd SE Acworth, GA 30102

    Sponsored
    For Sale
    $125,000

    LAND - Acworth, GA

    Lot size:
    1.88 Acres
    Days on Market:
    34
    Last Refresh:
    Feb 4 at 3:06 pm

    Property Features for 5158 SE Groovers Landing Rd SE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Brush, Partially Wooded
    Zoning
    A-1
    APN
    0096 1089 001 001
    Lot size
    1.88 Acres

    We can help!

    Listing Contact
    Jackson Miller

    Atlanta Communities Real Estate Brokerage (770) 240-2001

    Listing agent Jackson Miller

    Listing date Jan 2, 2026

    MLS# 7697306 Listing URL

    Copyright © 2026 First Multiple Listing Service, Inc. 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

    Lake-Adjacent Lot in Acworth, GA

    This 1.88-acre lot is located in Acworth, GA. The property is adjacent to a lake and backs to U.S. Army Corps of Engineers property. It is an ideal homesite with ample buildable space and is located steps from Lake Allatoona. Holiday Harbor Marina, offering slips and dry storage, Allatoona Grill, and The Deck are within walking distance. The property is also located minutes from Downtown Acworth, shopping, dining, I-75 Express Lanes, Red Top Mountain State Park, and Tanyard Creek Boat Ramp. The property is zoned A-1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Acworth
    County
    Cherokee
    State
    Georgia
    Longitude
    -84.701728
    Latitude
    34.097807

    Nearby Similar for Sale

    • $440,000
      2,299 SF

      Downtown Acworth Mixed-Use Opportunity

      High-visibility corner property in downtown Acworth, move-in ready and versatile.
      6071 N Main St SE, Acworth, GA 30101
      View Details
    • $335,000
      654 SF

      Downtown Acworth Live-Work-Play Opportunity

      Unique mixed-use property in downtown Acworth near Lake Allatoona.
      5361 N Main St, Acworth, GA 30101
      View Details
    • $335,000
      0.40 Acres

      Downtown Acworth Live-Work Opportunity

      Mixed-use property in downtown Acworth near Lake Allatoona.
      5361 N Main St, Acworth, GA 30101
      View Details
    • $335,000
      0.40 Acres

      Downtown Acworth Live-Work-Play Opportunity

      Unique mixed-use property in downtown Acworth near Lake Allatoona.
      5361 N Main St, Acworth, GA 30101
      View Details
    • $1,900,000
      6,250 SF

      Acworth Commercial Property with Drive-Thru

      Versatile commercial building with drive-thru in growing Woodstock area.
      6835 Victory Dr, Acworth, GA 30102
      View Details
    • $315,000

      Move-In Ready Ranch Home

      Meticulously maintained 2-bedroom, 2-bathroom ranch-style home in a peaceful community.
      2521 Eden Ridge Ln, Acworth, GA 30101
      View Details
    • $265,000
      1,292 SF

      Updated Townhome Near I-75

      Renovated Acworth townhome with modern upgrades and convenient location.
      4890 Jenny Dr, Acworth, GA 30101
      View Details
    • $325,000
      1,948 SF

      Centennial Lakes Townhome

      3 bed, 2.5 bath townhome in Centennial Lakes community.
      394 Franklin Ln, Acworth, GA 30102
      View Details
    • $625,000

      Acworth Automotive Retail Building For Sale

      Two-tenant automotive retail building in Acworth, GA, for sale.
      4648 S Main St, Acworth, GA 30101
      View Details
    • Contact for pricing
      171,326 SF

      Industrial Park For Sale/Lease

      Two-building industrial park available for sale or lease in Cherokee County.
      5889 Old Alabama Rd, Acworth, GA 30102
      View Details
    • $462,000

      Acworth Land with Development Potential

      7+ acre lot in Acworth near shops and restaurants.
      6147 Little Ridge Rd, Acworth, GA 30102
      View Details
    • $297,000
      1,656 SF

      Acworth Home with Community Pool

      Home with fresh paint, fireplace, and community pool.
      107 Red Barn Ln, Acworth, GA 30102
      View Details

    FAQs

    What type of property is this?
    Land - 1.88-acre lot near Lake Allatoona and Holiday Harbor Marina.
    Where is this land located?
    The property is located at 5158 SE Groovers Landing Rd SE Acworth, GA.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Lake-adjacent 1.88-acre lot with ample buildable space; - Backs to U.S. Army Corps of Engineers property; - Walking distance to Holiday Harbor Marina, Allatoona Grill, and The Deck
    (770) 240-2001
    Request Owner's contact information
    5158 SE Groovers Landing Rd SE Acworth, GA 30102
    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.
    5158 SE Groovers Landing Rd SE
    Acworth, GA 30102
    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
    5158 SE Groovers Landing Rd SE Acworth, GA 30102
    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
    Jackson Miller
    (770) 240-2001
    Learn more
    Google sign-in failed. Please try again or use another login method.