Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Perimeter Rd Perry, GA 31069

    View on Map
    Sponsored
    For Sale
    Pending
    $712,475

    LAND - Perry, GA

    Lot size:
    28.73 Acres
    Days on Market:
    37
    Last Refresh:
    Mar 11 at 6:06 am

    Property Features for Perimeter Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    OP0390 0040000P03900180000P0390 019000...
    Lot size
    28.73 Acres

    We can help!

    Listing Contact
    Kamerin Bazemore
    Kamerin Bazemore

    Southern Classic REALTORS, LLC

    Listing agent Kamerin Bazemore (678) 635-8877

    Listing date Feb 2, 2026

    MLS# 20145467 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

    Perry, GA Development Land

    This 28.73-acre development opportunity is located on Perimeter Road in Perry, GA, between Sam Nunn Boulevard and US Highway 41. The property is situated in a trendy area of Houston County and is within walking distance of Perry High School, Walmart, Cookout, and other restaurants located on Sam Nunn Boulevard. City utilities are available. A proposed plat for an approximately 50-lot development is available, suggesting potential for residential development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Perry
    County
    Houston
    State
    Georgia
    Longitude
    -83.73536
    Latitude
    32.47106

    Nearby Similar for Sale

    • $1,350,000
      2,000 SF

      Turnkey Recreation Business Opportunity

      Established paintball business on 17.75 acres in Perry, GA.
      301 Valley Dr, Perry, GA 31069
      View Details
    • $995,000
      6,800 SF

      Versatile Commercial Property in Perry, GA

      Multi-functional asset in Downtown Perry with flexible configuration and zoning.
      910/912 Jernigan St, Perry, GA 31069
      View Details
    • $3,400,000
      14,859 SF

      High-Visibility Commercial Asset in Perry, GA

      Large commercial property with redevelopment potential in a high-traffic location.
      1100 Ball St, Perry, GA 31069
      View Details
    • $850,000
      23 SF

      Serene Ranch Home with Pond

      23.2 acre property with a 1,911 sq. ft. brick ranch.
      2327 Us Highway 41 North, Perry, GA 31014
      View Details
    • Contact for pricing
      3,492 SF

      Perry, GA QSR Redevelopment Opportunity

      Vacant Chick-fil-A, High Traffic Area
      1363 Sam Nunn Blvd, Perry, GA 31069
      View Details
    • $229,900
      1,508 SF

      Downtown Perry Commercial Gem

      Prime Main Street location, versatile space.
      1218 Main St, Perry, GA 31069
      View Details
    • $450,000
      552 SF

      Prime Perry Commercial Property

      1.5-Acre Lot, 552 sq ft Building
      341 Hwy, Perry, GA 31069
      View Details
    • $1,200,000
      4.01 Acres

      Prime Perry Commercial Land

      4 Acres, High-Growth Potential
      1802 Houston Lake Rd, Perry, GA 31069
      View Details
    • $1,850,000
      11.49 Acres

      Prime Perry, GA Commercial Land

      11.49 Acres, $1.85M
      Hwy 41 & Langston Rd, Perry, GA 31069
      View Details

    FAQs

    What type of property is this?
    Land - 28.73 acres in a prime Houston County location.
    Where is this land located?
    The property is located at Perimeter Rd Perry, GA.
    What is the asking price?
    The asking price for this property is $712,475.
    What are key features of this property?
    This property features: - Prime location for residential development in a trendy area; - Large development area consisting of 28.73 acres; - Proposed plat available for approximately 50 lots
    (678) 635-8877
    Request Owner's contact information
    Perimeter Rd Perry, GA 31069
    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.
    Perimeter Rd
    Perry, GA 31069
    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
    Perimeter Rd Perry, GA 31069
    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
    Kamerin Bazemore
    Kamerin Bazemore
    (678) 635-8877 (478) 542-1111
    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!