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

    Riverside Pkwy & Summer Lk Rd Lithia Springs, GA 30122

    View on Map
    Sponsored
    For Sale
    $6,500,000

    COMMERCIAL - Lithia Springs, GA

    Lot size:
    12.00 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 6 at 1:06 am

    Property Features for Riverside Pkwy & Summer Lk Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RI
    Lot size
    12.00 Acres

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Henry Mitchell

    Bryant realty (404) 457-3979

    Listing agent Henry Mitchell, iii (678) 860-8711

    Listing date Mar 5, 2026

    MLS# 7729583

    Copyright © 2026 First Multiple Listing Service, Inc. 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

    Overview

    Lithia Springs Commercial Land

    This property consists of approximately 12 acres of land zoned UI. It features road frontage on both Riverside Parkway and Summer Lake Road in Lithia Springs, GA. The location provides convenient access and high visibility, making it suitable for various potential uses. The seller is highly motivated and committed to considering all offers presented. Interested parties are encouraged to submit their proposals for seller review.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lithia Springs
    County
    Douglas
    State
    Georgia
    Longitude
    -84.605579
    Latitude
    33.73064

    Nearby Similar for Sale

    • $1,500,000
      11.57 Acres

      Lithia Springs Land For Sale

      11.57 acres zoned for mobile homes with rental income.
      11041 Veterans Memorial Hwy, Lithia Springs, GA 30122
      View Details
    • $1,500,000
      11.57 Acres

      Lithia Springs Land with Homes

      11.57 acres zoned for mobile homes with existing rentals.
      11041 Veterans Memorial Hwy, Lithia Springs, GA 30122
      View Details
    • Contact for pricing
      3,200 SF

      Office/Flex Space Near I-20

      3,200 SF office/flex space suitable for office or storage.
      1810 Lee Rd, Lithia Springs, GA 30122
      View Details
    • Contact for pricing
      93,200 SF

      Industrial Sublease Available

      30,000 SF industrial space available for sublease.
      1438 Trae Ln, Lithia Springs, GA 30122
      View Details
    • Contact for pricing
      262,595 SF

      Lithia Springs Industrial Space Available

      Industrial space for immediate occupancy near I-20 in Lithia Springs.
      100 Lynch Rd, Lithia Springs, GA 30122
      View Details
    • $6,500,000
      10,400 SF

      Lithia Springs Liquor Store Investment

      High-grossing liquor store, prime location
      535 Maxham Rd, Lithia Springs, GA 30122
      View Details
    • $99,900
      0.74 Acres

      Lithia Springs Commercial Lot

      Build-Ready 0.74-Acre Lot
      6886 Sweetwater Rd, Lithia Springs, GA 30122
      View Details

    FAQs

    What type of property is this?
    Commercial land - Approximately 12 acres of land with high visibility.
    Where is this commercial land located?
    The property is located at Riverside Pkwy & Summer Lk Rd Lithia Springs, GA.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: - 12 +/- acres of land zoned UI; - Road frontage on both Riverside Parkway and Summer Lake Road; - **Convenient access and high visibility**
    (404) 457-3979
    Request Owner's contact information
    Riverside Pkwy & Summer Lk Rd Lithia Springs, GA 30122
    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.
    Riverside Pkwy & Summer Lk Rd
    Lithia Springs, GA 30122
    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
    Riverside Pkwy & Summer Lk Rd Lithia Springs, GA 30122
    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
    Henry Mitchell
    (404) 457-3979 (678) 860-8711
    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!