Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Hinesville Commercial Land Opportunity Title is generated by Realmo AI

    1.09 AC Elma G Miles PKWY Road, Hinesville, GA 31313

    View on Map
    Claim this Listing
    For Sale
    $125,000

    LAND - Hinesville, GA

    Lot size:
    1.09 Acres
    Added:
    Mar 24, 2025
    Days on Market:
    425
    Last Refresh:
    May 22 at 11:06 pm

    Property Features for 1.09 AC Elma G Miles PKWY Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    045D093
    Lot size
    1.09 Acres

    Taxes and HOA fees

    Tax Description
    TRACT 1 NW/S ELMA G MILES PKWY

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Dhruv Patel

    Listing agent Dhruv Patel License #405187

    Listing office Coldwell Banker Southern Coast REALTORS, Hinesville, GA

    Listing date Mar 24, 2025

    MLS# SA327971 Listing URL

    Copyright © 2026 Hive 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

    • 1.09‑acre property zoned C3 "Highway Commercial District" allowing for a broad range of regional commercial activities.
    • Prime location on HWY 196 near a major intersection, ideal for businesses generating significant traffic.
    • Two access points: one from HWY 196 and another from Palm Drive.
    • Located next to Omni Exterminating.
    • Recorded easement for signage on property.
    • Public water and sewer available.

    Overview

    This 1.09-acre property is located on HWY 196 near a major intersection. Zoned C3, it offers various opportunities for commercial development. The C3 "Highway Commercial District" zoning in Hinesville permits a broad range of regional commercial activities, including businesses that generate significant traffic and employment, serving a large area. The land, identified as Parcel No. 045D093, has two access points, one from HWY 196 and another from Palm Drive. There is a recorded easement for signage on the property. It is conveniently situated next to Omni Exterminating. This location is ideal for business use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Hinesville
    County
    Liberty
    State
    Georgia
    Longitude
    -81.599598
    Latitude
    31.842394

    Nearby Similar for Sale

    • $849,900
      10,100 SF

      Versatile Commercial Property Near Fort Stewart

      Expansive commercial property with high visibility and flexible design options.
      4118 E Oglethorpe Highway, Hinesville, GA 31313
      View Details
    • $479,900
      2,936 SF

      Hinesville Office Building For Sale

      Commercial office building with flexible layout in high-traffic location.
      202 E General Stewart Way, Hinesville, GA 31313
      View Details
    • $239,900
      2,351 SF

      Hinesville Commercial Building For Sale

      Versatile commercial building in Hinesville, GA, ideal for various businesses.
      201 W Memorial Drive, Hinesville, GA 31313
      View Details
    • $589,900
      1,700 SF

      Hinesville Multi-Family Investment Opportunity

      Single-family home, mobile homes, and rental lots near Fort Stewart.
      269 Dee Lane, Hinesville, GA 31313
      View Details
    • $550,000
      1,461 SF

      Hinesville Commercial Property For Sale

      Commercial property in Hinesville, GA, suitable for various business ventures.
      829 Olmstead Drive, Hinesville, GA 31313
      View Details
    • $585,000
      3,000 SF

      Downtown Hinesville Commercial Opportunity

      Versatile commercial property in downtown Hinesville, suitable for various businesses.
      315 Welborn Street Hinesville, GA 31313
      View Details
    • $289,900

      Hinesville Commercial Land For Sale

      Prime commercial land on State Hwy 196, Hinesville, GA.
      951 Elma G Miles Parkway, Hinesville, GA 31313
      View Details
    • $499,900

      High-Visibility Commercial Property Near Fort Stewart

      Prime commercial investment opportunity near Fort Stewart's main gate.
      420 W General Screven Way, Hinesville, GA 31313
      View Details
    • $750,000
      2,811 SF

      Commercial Building at Busy Intersection

      High-visibility commercial building with tenant in place and steady income.
      245 Slaten Street, Hinesville, GA 31313
      View Details
    • $520,000
      2,142 SF

      New Construction Duplex in Hinesville

      New construction duplex with income potential near Fort Stewart.
      205 Bagley Avenue, Hinesville, GA 31313
      View Details
    • $550,000
      1,461 SF

      Hinesville Investment Portfolio Opportunity

      Five income-producing properties near Fort Stewart Gate 2.
      829 Olmstead Drive, Hinesville, GA 31313
      View Details
    • $849,900
      10,000 SF

      Versatile Commercial Property Near Fort Stewart

      Expansive commercial property with high traffic, ideal for various businesses.
      4118 East Oglethorpe Highway Hinesville, GA 31313
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.09-acre commercial land parcel in Hinesville, Georgia.
    Where is this commercial land located?
    The property is located at 1.09 AC Elma G Miles PKWY Road Hinesville, GA.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: 1.09‑acre property zoned C3 "Highway Commercial District" allowing for a broad range of regional commercial activities.; Prime location on HWY 196 near a major intersection, ideal for businesses generating significant traffic.; Two access points: one from HWY 196 and another from Palm Drive.
    (912) 678-5867
    We can help!
    Listing Contact
    Dhruv Patel
    Real Estate License ID: 405187
    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
    1.09 AC Elma G Miles PKWY Road, Hinesville, GA 31313
    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!