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

    Jim Hammock Dr Mc Rae, GA 31055

    View on Map
    Sponsored
    For Sale
    $169,900

    LAND - Mcrae-Helena, GA

    Lot size:
    8.80 Acres
    Days on Market:
    22
    Last Refresh:
    Mar 16 at 2:06 am

    Property Features for Jim Hammock Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    03600009
    Lot size
    8.80 Acres

    We can help!

    Listing Contact
    Carlton Cosby

    eXp Realty (770) 361-7068

    Listing agent Carlton Cosby (888) 959-9461

    Listing date Feb 22, 2026

    MLS# 10680893 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

    8.8 Acres on Jim Hammock

    This 8.8-acre parcel is located on Jim Hammock Drive in unincorporated Telfair County, Georgia. The property features direct road frontage. According to the listing agent, parcels of this size with practical road access and a clean, usable footprint are less common than larger tracts in the area. The configuration provides meaningful scale without the capital outlay, maintenance burden, or liquidity challenges often associated with larger holdings. The location is surrounded by large-acre properties and established institutional infrastructure, benefiting from long-term corridor stability while remaining in a low-density rural setting. The property has no formal zoning, and is subject to county ordinances and state requirements, allowing flexible use considerations. The listing agent suggests that for buyers comparing purely on price per acre, this parcel offers value in usability, access, and manageable positioning rather than raw acreage count alone. The property is listed for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Mc Rae
    County
    Telfair
    State
    Georgia
    Longitude
    -82.877505
    Latitude
    32.059071

    Nearby Similar for Sale

    • $5,200,000
      107,775 SF

      McRae Industrial Building For Sale

      107,775 sq ft industrial building suitable for manufacturing/distribution.
      28 Industrial Park Rd, Mc Rae, GA 31055
      View Details
    • Contact for pricing
      Pending

      Downtown Commercial Property For Sale

      Commercial property in downtown McRae-Helena with high visibility.
      20 W Oak St, Mc Rae, GA 31055
      View Details

    FAQs

    What type of property is this?
    Commercial land - 8.8 acres with road frontage in Telfair County, Georgia.
    Where is this commercial land located?
    The property is located at Jim Hammock Dr Mc Rae, GA.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: - 8.8 acres with **direct road frontage on Jim Hammock Drive.**; - Practical road access and a clean, usable footprint.; - Manageable size avoids the burdens of larger holdings.
    (404) 399-7274
    Request Owner's contact information
    Jim Hammock Dr Mc Rae, GA 31055
    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.
    Jim Hammock Dr
    Mc Rae, GA 31055
    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
    Jim Hammock Dr Mc Rae, GA 31055
    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

    We can help!
    Listing Contact
    Carlton Cosby
    (404) 399-7274 (888) 959-9461 (770) 580-3827
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!