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

    Lake Crest Drive lot We100 Sparta, GA 31087

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Sparta, GA

    Lot size:
    0.68 Acres
    Added:
    Jun 15, 2025
    Days on Market:
    328
    Last Refresh:
    May 8 at 2:06 am

    Property Features for Lake Crest Drive lot We100

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    016A 067
    Lot size
    0.68 Acres

    Taxes and HOA fees

    Tax Year
    24
    Tax Annual Amount
    94

    We can help!

    Listing Contact
    Scarlett Goddard
    Scarlett Goddard

    Listing agent Scarlett Goddard

    Listing office Lake Sinclair-Oconee Realty 1951 N Jefferson St, Milledgeville, GA

    Listing date Jun 15, 2025

    MLS# 10546721 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

    • Lake Sinclair Access
    • Level Lot Suitable for Building
    • Holiday Shores Community Amenities
    • Enjoy the Community Center
    • Easy access with the Boat Ramp
    • Featuring Floating Docks

    Overview

    Lake Sinclair Land For Sale

    This 0.68-acre lot is located in the Waters Edge area of Holiday Shores Subdivision on Lake Sinclair. The property is a level lot with close lake access, suitable for building a home. Holiday Shores offers amenities such as a Community Center with a pickleball court, playground, pavilion, fire pit, floating docks, and a boat ramp for lake access. The property is located in Sparta, GA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Sparta
    County
    Hancock
    State
    Georgia
    Longitude
    -82.9991
    Latitude
    33.2707

    Nearby Similar for Sale

    • $700,000

      Renovated Motel on Augusta Highway

      Family-run motel with renovated rooms and expansion potential.
      12730 Augusta Highway, Sparta, GA 31087
      View Details
    • $700,000

      Sparta Motel on Augusta Highway

      Family-run motel with renovated rooms and expansion potential.
      12730 Augusta Highway, Sparta, GA 31087
      View Details
    • $350,000

      Agricultural Land with Metal Building

      22.46 acres in Sparta, GA with metal building.
      1339 Jones Chapel Road, Sparta, GA 31087
      View Details
    • $449,000

      Lake Sinclair Waterfront Land

      Lakefront lot with deep water access and community amenities.
      116 S Emerald Way, Sparta, GA 31087
      View Details
    • $145,000

      Lake Sinclair Waterfront Lot

      1.67-acre waterfront lot in Holiday Shores community, Sparta, GA.
      0 WOODLAND WAY, Sparta, GA 31087
      View Details
    • $350,000

      Agricultural Land with Metal Building

      22.46 acres in Sparta, GA with utilities in place.
      1339 Jones Chapel Road, Sparta, GA 31087
      View Details
    • $22,000

      Lake Sinclair Acreage Opportunity

      One-acre double lot in lakeside community with lake access.
      River Ridge Trail, Sparta, GA 31087
      View Details
    • $145,000

      Waterfront Lot in Holiday Shores

      1.67 acre waterfront lot with gentle slope in Sparta.
      Woodland Way, Sparta, GA 31087
      View Details
    • $39,900

      Lake Sinclair Access Corner Lot

      Cleared 0.53 acre lot with utilities near Lake Sinclair.
      311 Foxglove Drive, Sparta, GA 31087
      View Details
    • $274,400

      Lake Sinclair Cleared Lake Lot

      Cleared lake lot with boathouse, dock, seawall, and utilities.
      729 & 731 Marigold Road, Sparta, GA 31087
      View Details
    • $285,000

      Lake Sinclair Waterfront Land

      Lakefront lot with over 200 feet of water frontage.
      Sugar Bear Rd lot: 4, Sparta, GA 31087
      View Details
    • $10,000

      Lake Sinclair Land Parcel

      Half-acre lot near Lake Sinclair with community boat launch access.
      Foxglove Dr lot: 667, Sparta, GA 31087
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Land in Holiday Shores Subdivision with lake access and amenities.
    Where is this residential land & home lot located?
    The property is located at Lake Crest Drive lot We100 Sparta, GA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Lake Sinclair Access; Level Lot Suitable for Building; Holiday Shores Community Amenities
    (478) 696-3711
    We can help!
    Listing Contact
    Scarlett Goddard
    Scarlett Goddard
    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
    Lake Crest Drive lot: We100, Sparta, GA 31087
    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!