Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    28.61 Acres in Morgan County Title is generated by Realmo AI

    28.61 ACRES Sandy Creek Road, Madison, GA 30650

    View on Map
    Claim this Listing
    For Sale
    $449,900

    LAND - Madison, GA

    Lot size:
    28.61 Acres
    Added:
    Jan 1, 2025
    Days on Market:
    517
    Last Refresh:
    Jun 2 at 6:06 am

    Property Features for 28.61 ACRES Sandy Creek Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    026 141 B
    Lot size
    28.61 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    1942

    Utilities

    Utilities
    Phone Available

    We can help!

    Listing Contact
    Valentina Connelly
    Valentina Connelly

    Listing agent Valentina Connelly License #396069

    Listing office Madison Realty 121 E Jefferson Street, Madison, GA

    Listing date Jan 1, 2025

    MLS# 10666456 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

    • Large 28.61‑acre parcel in Morgan County, GA offering ample space and privacy.
    • Conveniently located less than 10 minutes from Downtown Madison and with easy access to Athens HWY.
    • Approximately 2 acres of cleared land ready for building your dream home.
    • Features a long gravel driveway for seclusion and a tranquil atmosphere.
    • Natural beauty with mature trees, hardwoods, and a small spring.
    • Enrolled in Morgan County's Conservation Use Program.

    Overview

    This 28.61-acre parcel of land is located in Morgan County, GA. The property features mature trees, hardwoods, and a small spring. A gravel driveway leads through the property to approximately 2 acres of cleared land. Downtown Madison is less than 10 minutes away, and Athens HWY is within easy reach. The land is currently enrolled in Morgan County's Conservation Use Program, and the buyer will assume responsibility for continuing this use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Madison
    County
    Morgan
    State
    Georgia
    Longitude
    -83.4587
    Latitude
    33.5927

    Nearby Similar for Sale

    • $2,238,000
      2,800 SF

      Equestrian Facility on 25 Acres

      State-of-the-art equestrian facility in Madison's horse country.
      1371 PLANTATION ROAD, Madison, GA 30650
      View Details
    • $550,000
      2,295 SF

      Spacious Commercial Space in Madison

      Combined commercial space with loft, kitchen, and natural light.
      226 & 228 W WASHINGTON STREET, Madison, GA 30650
      View Details
    • $269,000

      North Morgan County Buildable Land

      7.05 acre residential land in desirable North Morgan County.
      Plantation Road, Madison, GA 30650
      View Details
    • $285,000
      1,080 SF

      Retail Opportunity in Madison, GA

      General store with kitchen space and included coolers.
      4420 Buckhead Road, Madison, GA 30650
      View Details
    • $599,000

      Equine Estate Near Historic Madison

      24.59-acre equine estate near Historic Madison, Georgia.
      Sandy Creek Road, Madison, GA 30650
      View Details
    • $125,000

      Residential Lot in Valley Farm

      Residential lot in a sought-after community near Madison's Town Square.
      533 Village Road, Madison, GA 30650
      View Details
    • $882,167

      Land with Road Frontage

      44.33 acres ideal for homesite near Madison, Georgia.
      Fears Road, Madison, GA 30650
      View Details
    • $170,000

      Land in Madison, Georgia

      5.37 acres of build-ready land in Madison, Georgia.
      1041 Pintail Lane, Madison, GA 30650
      View Details
    • $882,167

      Land with Road Frontage

      44.33 acres with road frontage near Madison, Georgia.
      Fears Road, Madison, GA 30650
      View Details
    • $2,000,000

      91 Acres Private Lake Retreat

      91-acre estate with lake, modern accessibility, and endless potential.
      2480 Clack Road, Madison, GA 30650
      View Details
    • $170,000

      Land in Madison, Georgia

      5+ acre build-ready land for custom home or retreat.
      1041 Pintail Lane, Madison, GA 30650
      View Details
    • $3,175,000

      Recreational Land Near Downtown Madison

      211-acre recreational and investment property close to downtown Madison.
      Speed Lane, Madison, GA 30650
      View Details

    FAQs

    What type of property is this?
    Land - Land with mature trees, hardwoods, and a small spring.
    Where is this land located?
    The property is located at 28.61 ACRES Sandy Creek Road Madison, GA.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: Large 28.61‑acre parcel in Morgan County, GA offering ample space and privacy.; Conveniently located less than 10 minutes from Downtown Madison and with easy access to Athens HWY.; **Approximately 2 acres of cleared land ready for building your dream home.**
    (470) 399-4758
    We can help!
    Listing Contact
    Valentina Connelly
    Valentina Connelly
    Real Estate License ID: 396069
    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
    28.61 ACRES Sandy Creek Road, Madison, GA 30650
    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!