Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    41+ Acres Near Locust Grove Title is generated by Realmo AI

    High Meadow Trail, Jenkinsburg, GA 30234

    View on Map
    Claim this Listing
    For Sale
    $425,000

    LAND - Jenkinsburg, GA

    Lot size:
    43.15 Acres
    Added:
    Dec 17, 2025
    Days on Market:
    143
    Last Refresh:
    May 9 at 5:06 am

    Property Features for High Meadow Trail

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    00070009000
    Lot size
    43.15 Acres

    Taxes and HOA fees

    Tax Year
    24
    Tax Annual Amount
    1666

    Utilities

    Utilities
    Cable Available

    We can help!

    Listing Contact
    Michelle Johnson

    Listing agent Michelle Johnson License #243265

    Listing office Keller Williams Realty Atl. Partners 303 Corporate Center Drive, Suite 100, Stockbridge, GA

    Listing date Dec 17, 2025

    MLS# 10659020 Listing URL

    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.

    HighLights

    • 41+ Acres of Land Close to Downtown: Enjoy privacy and potential, just 10 minutes from downtown Locust Grove.
    • Development Potential: Previously approved for 28 lots (subject to new approvals), ideal for residential development.
    • Extensive Road Frontage: Over 1,600 feet of road frontage provides easy access.
    • Usable Topography: Mostly level land allows for ease of building.
    • Strong Upside Potential: A desirable tract with significant investment potential.
    • Cable Available: Utilities are available.

    Overview

    This property features over 41 acres of land with over 1,600 feet of road frontage and mostly level, usable topography. It is located just 10 minutes from downtown Locust Grove. The property is ideal for a large private estate, family compound, or residential development. Previously approved for 28 subdivision lots, new plans, plat, and county approval are required. This large acreage is located close to town.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Jenkinsburg
    County
    Butts
    State
    Georgia
    Longitude
    -84.042742
    Latitude
    33.324252

    Nearby Similar for Sale

    • $3,120,000

      132 Acres Untouched Potential Land

      Large, versatile land ideal for various visions and development.
      County Line Road, Jenkinsburg, GA 30234
      View Details
    • $499,900

      Highway Business Zoned Land Opportunity

      Commercial land for sale in a growing area.
      2141 Highway 42, Jenkinsburg, GA 30234
      View Details

    FAQs

    What type of property is this?
    Land - Prime land opportunity near Locust Grove, Georgia.
    Where is this land located?
    The property is located at High Meadow Trail Jenkinsburg, GA.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 41+ Acres of Land Close to Downtown: Enjoy privacy and potential, just 10 minutes from downtown Locust Grove.; Development Potential: Previously approved for 28 lots (subject to new approvals), ideal for residential development.; Extensive Road Frontage: Over 1,600 feet of road frontage provides easy access.
    (678) 776-9258
    We can help!
    Listing Contact
    Michelle Johnson
    Real Estate License ID: 243265
    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
    High Meadow Trail, Jenkinsburg, GA 30234
    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!