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    Highway 142 Newborn, GA 30056

    Sponsored
    For Sale
    Pending
    $149,900

    LAND - Newborn, GA

    Lot size:
    12.19 Acres
    Days on Market:
    4
    Last Refresh:
    Feb 15 at 4:06 am

    Property Features for Highway 142

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Vegetation
    Wooded
    APN
    002 095
    Lot size
    12.19 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Tank
    Water source
    Well

    We can help!

    Listing Contact
    Breanna Luke
    Breanna Luke

    LoKation Real Estate LLC (404) 348-0420

    Listing agent Breanna Luke (404) 348-0420

    Listing date Feb 12, 2026

    MLS# 10688301 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.

    Learn more

    Property Insight Report

    Overview

    Versatile Land with Development Potential

    This 12.19-acre parcel of vacant land offers an opportunity for residential or agricultural use. The property is flat and wooded, has not been logged, and provides direct access from Main Street (Georgia Highway 142), allowing convenient entry and road visibility. This tract supports flexible use and may be eligible for division into two parcels (either two 6+ acre tracts or roughly 5+ acre and 7+ acre split), offering options for custom homesites, investment, or future development. A recent survey completed and recorded in April 2017, confirms ample frontage along the road and a closed railroad bordering the north side of the property. This property is located in the rural community of Newborn, Georgia in Jasper County, an area known for its small-town charm, agricultural roots, and open countryside. Just 20-25 minutes away, Monticello serves as the county seat and offers local shopping, dining, historic architecture, and everyday services. The location provides a rural setting while remaining conveniently positioned, with Covington and Madison both within 30 minutes and Atlanta approximately one hour away. This Newborn property offers the flexibility to create smaller residential parcels.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Newborn
    County
    Newton
    State
    Georgia
    Longitude
    -83.708409
    Latitude
    33.529418

    Nearby Similar for Sale

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      4434 Highway 142, Newborn, GA 30056
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    • $225,000
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      Historic Industrial Buildings in Newborn

      Two industrial buildings totaling 11,000 SF on 1.17 acres.
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    • $225,000
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      Newborn, GA Commercial Property

      Historic Industrial Building, High Potential
      4181 Highway 142, Newborn, GA 30056
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    FAQs

    What type of property is this?
    Agricultural land - 12.19 acres of vacant land suitable for residential or agricultural use.
    Where is this agricultural land located?
    The property is located at Highway 142 Newborn, GA.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - Large 12.19 acre parcel suitable for residential or agricultural use.; - Divisible into two parcels for custom homesites or development.; - Direct access and strong road visibility from Main Street (Georgia Highway 142).
    (770) 546-5777
    Request Owner's contact information
    Highway 142 Newborn, GA 30056
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    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
    Highway 142 Newborn, GA 30056
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    We can help!
    Listing Contact
    Breanna Luke
    Breanna Luke
    Real Estate License ID: 425572
    (770) 546-5777 (404) 348-0420 (954) 545-5583
    Learn more
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