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C-3 Zoned Residential Income Property
For Sale
$230,000

1019 Elberta Road, Warner Robins, GA 31093

COMMERCIAL, Warner Robins, GA

Property Size1,698 SF
Lot Size0.74 Acres
Price / SF$135.45
Days on Market758

Property Features for 1019 Elberta Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning C3
Subdivision All Watson Blvd. North
Standard status Active
Size 1,698 SF
Lot size 0.74 Acres

Utilities

Sewer type Septic Tank
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Listing Agency: BONAIRE REALTY
Listed By: Jackie Hunnicutt
Added: Sep 23, 2024 Changed: Oct 17 Last Checked: Oct 20 at 10:06AM
MLS# 245914

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

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Investment Insights

Based on property information with market context.

This single-family residential income property is currently occupied by a tenant and is being offered for sale. The home has approximately 1,698 square feet of living space and sits on about 0.74 acres.

The property is located at 1019 Elberta Road in Warner Robins, Georgia, within Houston County. It is zoned C-3 residential.

For buyers seeking a tenant-occupied, C-3 zoned residential asset, this property offers a straightforward residential income configuration on a sizable lot.

Key Highlights

  • Zoned C‑3 residential
  • Central heating with electric heating
  • Central air conditioning with electric cooling

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,957
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,140 $259.1K
Cap Rate 7%
$185,100 $185.1K
Cap Rate 9%
$143,967 $144.0K
Market Conditions
NOI Build-Up for 1,698 SF
Gross rent
$25.1K $14.76/SF
− Vacancy
−$1.5K −$0.89/SF
EGI
$23.6K $13.87/SF
− OpEx
−$10.6K −$6.24/SF
NOI
$13.0K $7.63/SF
Area
Houston County, GA
Vacancy
6.00%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,140
Cap Rate 7%
$185,100
Cap Rate 9%
$143,967

Alternative Uses

Best Use
Apartment 5plus
$185.1K
$162.0K – $216.0K (±1% cap)
NOI $12,957 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$366.5K
$320.7K – $427.6K (±1% cap)
NOI $25,654 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

Demographics for 31093, GA

28,614
Population
13,275
Households
2.2
Avg Household Size
37
Median Age
16%
College-Educated
87%
High-School Grad
20.4 sq mi
ZIP Area
1,403
Density / Sq Mi
$48,186
Median Household Income
$32,542
Median Earnings
$966
Median Rent
$137,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Single family property - Residential income home offered for sale and currently occupied by a tenant, zoned C-3.
Where is this single family property located?
The property is located at 1019 Elberta Road Warner Robins, GA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Zoned C‑3 residential; Central heating with electric heating; Central air conditioning with electric cooling
More about this property
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