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

    Thurman Baccus Road Social Circle, GA 30025

    View on Map
    Claim this Listing
    For Sale
    $1,500,000

    LAND - Social Circle, GA

    Lot size:
    51.94 Acres
    Added:
    Jun 18, 2024
    Days on Market:
    688
    Last Refresh:
    May 6 at 11:06 am

    Property Features for Thurman Baccus Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    SC240001A00
    Lot size
    51.94 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    6558

    We can help!

    Listing Contact
    Annette Frazier

    Listing agent Annette Frazier License #318400

    Listing office Southern Classic Realtors Po Box 6565, Monroe, GA

    Listing date Jun 18, 2024

    MLS# 10438526 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.

    Overview

    Wooded Corner Lot in Georgia

    This 51.94-acre wooded corner lot is located on the Social Circle By-Pass. The property could be converted into a commercial property. Future sewer and water services will be available. A new Social Circle Elementary School is under construction across the road. The property is suitable for a subdivision or multi-use development with residential lots and commercial industrial applications.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Social Circle
    County
    Walton
    State
    Georgia
    Longitude
    -83.702061
    Latitude
    33.651628

    Nearby Similar for Sale

    • $2,100,000
      3,046 SF

      Operational Farm Near EV Facility

      58.63-acre farm near Rivian's new EV manufacturing facility.
      1013 Amber Stapp Studdard Road, Social Circle, GA 30025
      View Details
    • $950,000

      Lakefront Oasis with Equestrian Features

      Almost 7-acre property with lake, log house, and stables.
      1371 Lipscomb Road, Social Circle, GA 30025
      View Details
    • $1,250,000

      Social Circle Commercial Property ForSale

      Commercial property near I-20 and Rivian facility.
      2367 Hancock Road, Social Circle, GA 30025
      View Details
    • $110,000

      Residential Land in River Cove

      2.173-acre lot in River Cove Meadow subdivision, Social Circle.
      230 River Meadow Lane, Social Circle, GA 30025
      View Details
    • $110,000

      Cleared Homesite in River Cove

      2.135-acre lot in River Cove Meadow, Social Circle, GA.
      210 River Meadow Lane, Social Circle, GA 30025
      View Details
    • $330,000
      1,983 SF

      Social Circle Potential Commercial Property

      Four-bedroom ranch home with commercial potential in Social Circle, GA.
      1526 N Cherokee Road, Social Circle, GA 30025
      View Details
    • $40,000

      Land in Desirable Social Circle

      Manageable lot near Rivian facility and downtown Social Circle.
      337 Jones Drive, Social Circle, GA 30025
      View Details
    • $395,000

      Historic Storefront in Downtown Social

      Charming 1910 commercial storefront perfect for retail or office.
      145 S Cherokee Road, Social Circle, GA 30025
      View Details
    • $45,000

      Land Near Rivian Plant

      Land near Rivian plant in Social Circle, GA.
      N Dogwood Avenue, Social Circle, GA 30025
      View Details
    • $330,000

      Land with Residential Structure

      Land with a four-bedroom, two-bath ranch home.
      1526 N Cherokee Road, Social Circle, GA 30025
      View Details
    • $75,000

      Residential Land in Social Circle

      Land available for custom-built dream home in Social Circle, GA.
      1172 Morrow Drive, Social Circle, GA 30025
      View Details
    • $130,000

      Land with Development Potential

      2.7 acres of land in Social Circle, Georgia.
      2292 Hancock Drive, Social Circle, GA 30025
      View Details

    FAQs

    What type of property is this?
    Commercial land - 51.94 acre corner lot suitable for commercial or residential development.
    Where is this commercial land located?
    The property is located at Thurman Baccus Road Social Circle, GA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Corner lot location on the Social Circle By‑Pass; Potential for commercial property development; Future availability of sewer and water
    (678) 725-2816
    We can help!
    Listing Contact
    Annette Frazier
    Real Estate License ID: 318400
    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
    Thurman Baccus Road, Social Circle, GA 30025
    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!