Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    Meet Realmo: The Largest Hub of Commercial Real Estate in the US

    Over 1 million active listings and over 150 million property profiles

    691 Cave Spring Road Cedartown, GA 30125

    View on Map
    Claim this Listing
    For Sale
    $260,000

    COMMERCIAL - Cedartown, GA

    Type:Office
    Property size:
    3,398 SF
    Lot size:
    1.23 Acres
    Price / SF:
    $76/SF
    Added:
    Mar 7, 2025
    Days on Market:
    424
    Last Refresh:
    May 5 at 8:06 am

    Property Features for 691 Cave Spring Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    APN
    024 059
    Size
    3,398 SF
    Lot size
    1.23 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Annual Amount
    1521

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1976
    Building materials
    Block, Brick

    We can help!

    Listing Contact
    Russell Rogers
    Russell Rogers

    Listing agent Russell Rogers License #491970

    Listing office Toles, Temple & Wright, Inc. 611 Turner Mccall Blvd., Rome, GA

    Listing date Mar 7, 2025

    MLS# 10631386

    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.

    Overview

    Veterinary Clinic on Large Lot

    This property, previously used as a veterinary clinic, is situated on a 1.23-acre lot with a fenced backyard and offers easy access from Business Hwy 27, located on a direct route to West John Hand Road. The 3398-square-foot building features ramp access, a large lobby, a restroom, four treatment rooms, a waiting room, a lab, a large room formerly used as a kennel, an office with a full bath, and a records room. The property is located in flood zone AE and will require flood insurance, but the main structure is elevated. The location is suitable for various types of businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office properties & Spaces

    Suggested Use

    Real Estate Agency Gym & Fitness Center Bakery Shopping Center & Mall Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedartown
    County
    Polk
    State
    Georgia
    Longitude
    -85.261706
    Latitude
    34.026391

    Nearby Similar for Sale

    • $585,000
      5,568 SF

      Downtown Cedartown Commercial Building For Sale

      Well-maintained commercial building in downtown Cedartown with strong leasing history.
      522 N Main Street, Cedartown, GA 30125
      View Details
    • $265,000
      3,599 SF

      Versatile Commercial Property in Cedartown

      Former medical facility suitable for various business ventures.
      812 S Main Street, Cedartown, GA 30125
      View Details
    • $585,000
      5,568 SF

      Downtown Cedartown Commercial Building

      Well-maintained commercial building in downtown Cedartown with high visibility.
      522 N Main St, Cedartown, GA 30125
      View Details
    • $525,000
      5,423 SF

      Historic Church in Cedartown, Georgia

      Charming church with sanctuary, kitchen, and fellowship hall.
      Charles Street, Cedartown, GA 30125
      View Details
    • $636,000

      37 Acres Fenced Pastureland

      37 acres of fenced pastureland with creek and pond.
      1630 Coaling Road, Cedartown, GA 30125
      View Details
    • $636,000

      Cedartown Land with Fenced Pasture

      37 acres of fenced pastureland with creek and pond.
      1630 Coaling Road, Cedartown, GA 30125
      View Details
    • $321,000

      22 Acre Pasture Land

      Mini farm with pasture, pond, and pole barn.
      Runyon Loop, Cedartown, GA 30125
      View Details
    • $585,000
      5,000 SF

      Downtown Cedartown Commercial Building

      Well-maintained commercial building in downtown Cedartown with ample parking.
      522 N Main Street, Cedartown, GA 30125
      View Details
    • $600,000
      13,102 SF

      Industrial Property on Furnace Street

      Industrial property with two buildings and truck scales for sale.
      404 S Furnace Street, Cedartown, GA 30125
      View Details
    • $417,159

      Cedartown 8-Unit Apartment Building

      8-unit apartment building in Cedartown, GA. Each unit: 2BR/1BA.
      616 N College Drive, Cedartown, GA 30125
      View Details
    • Contact for pricing

      North Main Street Property

      Property located on North Main Street in Cedartown, Georgia.
      135 North Main Street, Cedartown, GA 30125
      View Details
    • $265,000
      3,599 SF

      Medical Office Building in Cedartown

      Large medical office building in downtown Cedartown, Georgia.
      812 S Main St, Cedartown, GA 30125
      View Details

    FAQs

    What type of property is this?
    Office property - Veterinary clinic with fenced yard, suitable for various businesses.
    Where is this office property located?
    The property is located at 691 Cave Spring Road Cedartown, GA.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: 1.23 Acre Lot with Fenced Back Yard; Ramp Access; Located on Business Hwy 27 with Easy Access to West John Hand Road
    (706) 346-0400
    We can help!
    Listing Contact
    Russell Rogers
    Russell Rogers
    Real Estate License ID: 491970
    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

    Thank You for Inquiry
    691 Cave Spring Road, Cedartown, GA 30125
    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!