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

    801 Chamlee Drive Fort Valley, GA 31030

    View on Map
    For Sale
    $178,500

    Investment - Fort Valley, GA

    Property size:
    60,000 SF
    Lot size:
    11.70 Acres
    Added:
    Feb 24, 2026
    Days on Market:
    36
    Last Refresh:
    Apr 1 at 11:06 am

    Property Features for 801 Chamlee Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Other-see Remarks
    Standard status
    Active
    Size
    60,000 SF
    Lot size
    11.70 Acres

    Building Details

    Architectural style
    Other
    Additional Structures
    See Remarks

    We can help!

    Listing Contact
    Sandee Khoury
    Sandee Khoury

    Listing agent Sandee Khoury

    Listing office REAL ESTATE SOUTH & ASSOCIATES 203 West White Rd, Byron, GA

    Listing date Feb 24, 2026

    MLS# 261172 Listing URL

    Copyright © 2026 Central Georgia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Valley Investment Opportunity

    This property, formerly an elementary school, features a building of over 60,000 square feet. The 11.7-acre lot offers road frontage on three sides within an established neighborhood. Potential uses for the existing building include conversion into a school, daycare, storage facility, or assisted living facility, or demolition. The property is located in Fort Valley, Peach County, Georgia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Valley
    County
    Peach
    State
    Georgia
    Longitude
    -83.895131
    Latitude
    32.568127

    Nearby Similar for Sale

    • $980,000

      New Multifamily Investment Opportunity

      New construction 6-unit multifamily property with immediate income potential.
      614 Elberta Street, Fort Valley, GA 31030
      View Details
    • $100,000
      800 SF

      Laundromat Investment Opportunity For Sale

      Coin-operated laundromat for sale near Fort Valley State University.
      512 S Camellia Boulevard, Fort Valley, GA 31030
      View Details
    • $725,000
      4,381 SF

      New Multifamily Investment Opportunity

      New 7-unit multifamily property near Fort Valley State University.
      303 State University Drive, Fort Valley, GA 31030
      View Details
    • $299,000

      Turnkey Duplex in Fort Valley

      Modern, fully furnished duplex with immediate income potential in high-demand market.
      104 A&B Ronald Pride Boulevard unit: # 2, Fort Valley, GA 31030
      View Details
    • $65,000
      10,150 SF

      Fort Valley Commercial Opportunity

      Commercial property suitable for retail or restaurant use.
      614 S MLK Jr Drive, Fort Valley, GA 31030-0000
      View Details
    • $100,000

      Laundromat Investment Opportunity For Sale

      Coin-operated laundromat for sale near Fort Valley State University.
      512 S Camellia Blvd, FORT VALLEY, GA, 31030-4335
      View Details
    • $270,000
      1,350 SF

      New Duplex Investment Opportunity

      New, fully leased duplex near Fort Valley State University.
      700 Carmen Ave, Fort Valley, GA 31030
      View Details
    • $4,634,000
      71,887 SF

      Grocery Anchored Shopping Center For Sale

      Grocery-anchored shopping center with strong tenancy and development opportunity.
      2275 US-341, Fort Valley, GA 31030
      View Details
    • $299,000

      New Duplex in College Town

      2024 duplex near Fort Valley State University, fully leased and furnished.
      317 Preston St, Fort Valley, GA 31030
      View Details
    • Contact for pricing
      15,360 SF

      Retail Space on Camellia Boulevard

      Retail space available for sale on South Camellia Boulevard.
      410 S Camellia Blvd, Fort Valley, GA 31030
      View Details
    • $250,000
      6,480 SF

      Office/Warehouse with Canopy For Sale

      Office/warehouse with canopy, located outside of Downtown Fort Valley.
      304 Boulevard St, Fort Valley, GA 31030
      View Details

    FAQs

    What type of property is this?
    School - Large lot with existing structure in established neighborhood.
    Where is this school located?
    The property is located at 801 Chamlee Drive Fort Valley, GA.
    What is the asking price?
    The asking price for this property is $178,500.
    What are key features of this property?
    This property features: Large 60,000+ sq ft building included on the property; Road frontage on three sides; Located in a nice, established neighborhood
    (478) 320-5551
    We can help!
    Listing Contact
    Sandee Khoury
    Sandee Khoury
    Real Estate License ID: 280024
    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!