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

    Two Chop Road Statesboro, GA 30461

    View on Map
    Claim this Listing
    Picture of Land at Two Chop Road, Statesboro, GA
    For Sale
    $1,990,000

    LAND - Statesboro, GA

    Lot size:
    56.90 Acres
    Added:
    May 6, 2025
    Days on Market:
    349
    Last Refresh:
    Apr 19 at 8:06 am

    Property Features for Two Chop Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    ZN1
    Vegetation
    Partially Wooded
    Standard status
    Active
    APN
    071-000008-003
    Lot size
    56.90 Acres

    Taxes and HOA fees

    Tax Description
    56.9 AC

    Building Details

    Floors in Building
    1

    We can help!

    Listing Contact
    Sharon E. Black
    Sharon E. Black

    Listing agent Sharon E. Black License #290870

    Listing office Sharon Black Realty 10195 Ford Avenue, Richmond Hill, GA

    Listing date May 6, 2025

    MLS# SA330433

    Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Expansive Land Near Statesboro

    This expansive 56.9-acre property is located just minutes from Statesboro, shopping, and top-rated schools. A portion of the land is currently in use for farming and livestock. The property is enrolled in CUVA (Conservation Use Value Assessment) for tax benefits, with removal possible at closing. Given the rapid growth in the area, this property presents a development opportunity for residential, commercial, or mixed-use projects. It is located in Bulloch County, Georgia, with a Statesboro postal city and a postal code of 30461.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Statesboro
    County
    Bulloch
    State
    Georgia
    Longitude
    -81.879926
    Latitude
    32.562491

    Nearby Similar for Sale

    • $450,000

      Land Near Georgia Southern University

      PUD/R4 lot across from Georgia Southern University.
      723 1/2 S Main Street, Statesboro, GA 30458
      View Details
    • $450,000

      Prime Commercial Land Opportunity

      High-visibility land near Georgia Southern University.
      723 S Main Street, Statesboro, GA 30458
      View Details
    • $4,700,000
      7,696 SF

      Statesboro Commercial Property Near University

      6-acre commercial property with existing building near Georgia Southern.
      2 Ed Moore Court, Statesboro, GA 30458
      View Details
    • $489,000

      Statesboro Commercial Land For Sale

      1.35 acre commercial land in Statesboro Crossing.
      Henry Boulevard, Statesboro, GA 30458
      View Details
    • $450,000

      Statesboro Land Near University

      PUD/R4 lot near Georgia Southern University with high traffic.
      723 1/2 S Main Street, Statesboro, GA 30458
      View Details
    • $450,000

      Statesboro Commercial Land For Sale

      Prime commercial land near Georgia Southern University.
      723 S Main Street, Statesboro, GA 30458
      View Details
    • $2,996,500

      Statesboro Land with Highway Frontage

      Strategically located 4.6-acre commercial land parcel in Statesboro, Georgia.
      23606 Us Highway 80 E, Statesboro, GA 30461
      View Details
    • $239,000
      1,815 SF

      Statesboro Multifamily Duplex Investment

      Well-maintained duplex in Statesboro with income potential.
      315 Brannen Street, Statesboro, GA 30458
      View Details
    • $55,000

      Three-Acre Residential Land Parcel

      Residential land parcel in established neighborhood near shops and restaurants.
      Plantation Pointe Drive, Statesboro, GA 30461
      View Details
    • $55,000

      Three-Acre Parcel in Statesboro, GA

      Three-acre parcel in established neighborhood, perfect for building your dream home.
      Plantation Pointe Drive, Statesboro, GA 30461
      View Details
    • $15,999

      Statesboro Buildable Residential Lot

      Buildable lot near Georgia Southern University with owner financing.
      12 overland Street, Statesboro, GA 30458
      View Details
    • $275,000

      Commercial Lot in Statesboro, GA

      Prime commercial lots suitable for various business uses.
      Hwy 80 E, Statesboro, GA 30461
      View Details

    FAQs

    What type of property is this?
    Land - 56.9 acres near Statesboro, GA, ideal for development.
    Where is this land located?
    The property is located at Two Chop Road Statesboro, GA.
    What is the asking price?
    The asking price for this property is $1,990,000.
    What are key features of this property?
    This property features: Prime location minutes from Statesboro, shopping, and top‑rated schools.; Significant development potential for residential, commercial, or mixed‑use projects.; Land already suitable for farming and livestock.
    (912) 656-5645
    We can help!
    Listing Contact
    Sharon E. Black
    Sharon E. Black
    Real Estate License ID: 290870
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!