Add Listing
    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

    5466 Davis Drive Austell, GA 30106

    View on Map
    Claim this Listing
    For Sale
    $110,000

    LAND - Bungalow - Austell, GA

    Type:Single Family Residence
    Lot size:
    0.90 Acres
    Added:
    Dec 28, 2025
    Days on Market:
    115
    Last Refresh:
    Apr 22 at 1:06 pm

    Property Features for 5466 Davis Drive

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    R4
    Vegetation
    Cleared
    Standard status
    Active
    APN
    19129000020
    Lot size
    0.90 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1372

    Utilities

    Utilities
    Electricity Available

    Building Details

    Year built
    1942
    Floors in Building
    1
    Architectural style
    Bungalow

    We can help!

    Listing Contact
    Rashida Erving

    Listing agent Rashida Erving

    Listing office HomeSmart 10900 Crabapple Road, Atlanta, GA

    Listing date Dec 28, 2025

    MLS# 7696077 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.

    Overview

    Land with Small Ranch Home

    This property consists of a tract of developed and undeveloped land. It includes a small ranch home with 4 bedrooms and 1 bathroom that has electricity. The property is suitable for building a new home or for use as a vacation or rental property. The seller prefers that this lot be purchased together with the adjacent lot at 0 Harris Street (tax ID 19-1290-0-019-0), which connects to this lot and could be used for building a rental, home storage, or paving to provide another access point to Davis Drive. There are a total of 3 homes on the block, two of which have already been renovated. Several new construction projects are underway in the area. The lot size is 0.9 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Austell
    County
    Cobb
    State
    Georgia
    Longitude
    -84.606595
    Latitude
    33.821333

    Nearby Similar for Sale

    • $697,700
      9,531 SF

      Commercial Building in Austell, Georgia

      All-brick commercial building suitable for various uses in Austell, GA.
      1831 Veterans Memorial Highway SW, Austell, GA 30168
      View Details
    • $700,000
      2,268 SF

      Renovated Mixed-Use Property, Austell

      Recently renovated mixed-use property suitable for various business options.
      2307 Veterans Memorial Highway SW, Austell, GA 30168
      View Details
    • $351,000

      Land for Development in Austell

      9-acre land parcel ready for development in Cobb County.
      5320 Beth Drive, Austell, GA 30106
      View Details
    • $351,000

      Land for Development in Austell

      9-acre land parcel available in Cobb County, Georgia.
      5320 Beth Drive, Austell, GA 30106
      View Details
    • $300,000

      Renovated Income-Producing Duplex in Austell

      Updated duplex in Austell, GA, ideal for investors.
      5474 June Drive SW, Austell, GA 30106
      View Details
    • $300,000

      Renovated Income-Producing Duplex in Austell

      Updated duplex, strong investment, low-maintenance, immediate upside in Austell!
      5472-5474 June Drive SW, Austell, GA 30106
      View Details
    • $375,000

      Development Land in Mableton, GA

      8.6 acres approved for 8 single-family homes near Atlanta.
      Hembree Lane SW, Austell, GA 30168
      View Details
    • $375,000

      Residential Acreage in Austell, Georgia

      4.2 acres of residential land in Cobb County.
      Riverside Parkway, Austell, GA 30168
      View Details
    • $375,000

      Residential Acreage in Austell, Georgia

      4.2 acres of residential land in Cobb County, Georgia.
      Riverside Parkway, Austell, GA 30168
      View Details
    • $4,400,000

      Austell Motel Near Six Flags

      106-room motel near Six Flags with conversion potential.
      7377 Cityview Drive, Austell, GA 30168
      View Details
    • $242,000

      Land for Development in Austell

      Land in Cobb County, ready for development.
      5425 DAVIS Drive, Austell, GA 30106
      View Details
    • $242,000

      Land For Sale in Austell

      Land available in Cobb County, ready for development.
      5425 DAVIS Drive, Austell, GA 30106
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Developed and undeveloped land with a small ranch home.
    Where is this residential land & home lot located?
    The property is located at 5466 Davis Drive Austell, GA.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: Land suitable for building a new primary residence or vacation/rental home; Existing 4 bed / 1 bath ranch home with electricity; Opportunity to purchase with adjacent lot (0 Harris Street) for expanded development
    (404) 876-4901
    We can help!
    Listing Contact
    Rashida Erving
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!