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

    915 Middle Road S Leesburg, GA 31763

    View on Map
    Claim this Listing
    New
    For Sale
    $395,000

    Apartments/Multi-Family - Leesburg, GA

    Type:Apartment
    Property size:
    4,132 SF
    Lot size:
    7.04 Acres
    Price / SF:
    $95/SF
    Added:
    May 5, 2026
    Days on Market:
    3
    Last Refresh:
    May 7 at 5:06 am

    Property Features for 915 Middle Road S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Zoning
    Commercial,General Commercial
    Interior features
    Freestanding Building, Office Area
    Exterior features
    Sign
    Standard status
    Active
    APN
    060d 028
    Size
    4,132 SF
    Lot size
    7.04 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    802.57

    Utilities

    Heating system
    Central, Electric (Heating)

    Building Details

    Year built
    1983
    Floors in Building
    1
    Number of units
    1
    Architectural style
    Other

    We can help!

    Listing Contact
    Clint Faircloth

    Listing agent Clint Faircloth

    Listing office KELLER WILLIAMS REALTY GEORGIA COMMUNITIES 3338 Country Club Road H, Macon, GA

    Listing date May 5, 2026

    MLS# 169077 Listing URL

    Copyright © 2026 Albany Board of Realtors and Southwest 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.

    HighLights

    • Prime commercial property on 7.04 acres with dual‑road frontage on Middle Rd and State Hwy 91.
    • 5,656 sq. ft. total steel structure, including 4,132 sq. ft. enclosed space.
    • 3,376 sq. ft. clear‑span warehouse space and 756 sq. ft. of conditioned office space.
    • Features grade‑level roll‑up door and oversized double‑swinging doors for easy access and ventilation.
    • Includes 1,524 sq. ft. of canopy overhang for covered outdoor workspace or storage.
    • High‑traffic visibility and private well/septic system.

    Overview

    Versatile Industrial Property on 7.04 Acres

    This industrial property is located in Lee County and situated on 7.04 acres. The property includes a total steel structure of 5,656 sq. ft., with 4,132 sq. ft. enclosed. The building features 3,376 sq. ft. of clear-span warehouse space and 756 sq. ft. of conditioned office space. Accessibility is facilitated by a grade-level roll-up door on the front and oversized double-swinging doors on the rear. Additionally, 1,524 sq. ft. of canopy overhang provides covered outdoor workspace or storage. The 7.04-acre lot includes a 0.5-acre retention pond and a perimeter of planted pines for natural screening. The property has dual-road frontage on Middle Rd and State Hwy 91 (Philema Rd). It is suitable for a distribution hub, heavy equipment yard, or manufacturing facility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Food Market Cosmetic Store Pet Store Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Lee
    State
    Georgia
    Longitude
    -84.076169
    Latitude
    31.674789

    Nearby Similar for Sale

    • $650,000

      Updated Commercial Property on Highway

      Updated commercial property with two units on high-traffic highway.
      1497 US Hwy 19, Leesburg, GA 31763
      View Details
    • $295,000

      Lee County Commercial Land Opportunity

      4.96-acre commercial tract in a high-growth Lee County corridor.
      1483 Philema Road S, Leesburg, GA 31763
      View Details
    • $125,000

      Historic Land with Structures

      4.43 acres with historic buildings, well, and septic system.
      204 Linden road, Leesburg, GA 31763
      View Details
    • $169,900

      Commercial Lot in Leesburg, GA

      1.11 acre commercial lot available in Lee County.
      1721 Philema Road, Leesburg, GA 31763
      View Details
    • $269,900

      Commercial Corner Lot in Leesburg

      Prime 1.75 acre commercial corner lot available for sale.
      1709 Philema Road, Leesburg, GA 31763
      View Details
    • $169,900

      Commercial Lot in Leesburg, GA

      1.12 acre commercial lot available in Lee County.
      1717 Philema Road, Leesburg, GA 31763
      View Details
    • $169,900

      Commercial Lot in Leesburg, GA

      1.12 acre commercial lot available in Lee County.
      1713 Philema Road, Leesburg, GA 31763
      View Details
    • $199,900

      Commercial Land on Highway 32

      0.58-acre commercial lot in high-traffic Leesburg, Georgia.
      0 Hwy 32, Leesburg, GA 31763
      View Details
    • $1,217,391

      New Construction NNN Retail Property

      20-year absolute net lease in growing Albany suburb.
      1367 US-82, Leesburg, GA
      View Details
    • $800,000
      5,500 SF

      High-Traffic Leesburg Commercial Property

      Adaptable commercial space in high-traffic Leesburg location, suitable for various uses.
      1502 U.S. Hwy 19 S, Leesburg, GA 31763
      View Details
    • $599,000
      1,470 SF

      Restaurant Building on Highway 19

      Restaurant building for sale or lease on high-traffic highway.
      1583 US Highway 19 S, Leesburg, GA
      View Details
    • $139,900

      Historic Land with Rustic Structures

      4.43 acres with historic buildings, well, and septic system.
      204 Linden Road, Leesburg, GA 31763
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial property on 7.04 acres with dual-road frontage.
    Where is this warehouse located?
    The property is located at 915 Middle Road S Leesburg, GA.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Prime commercial property on 7.04 acres with dual‑road frontage on Middle Rd and State Hwy 91.; 5,656 sq. ft. total steel structure, including **4,132 sq. ft. enclosed space**.; **3,376 sq. ft. clear‑span warehouse space** and 756 sq. ft. of conditioned office space.
    (229) 886-5155
    We can help!
    Listing Contact
    Clint Faircloth
    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
    915 Middle Road S, Leesburg, GA 31763
    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!