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

    1260 Mlk Blvd Sw Cairo, GA 39828

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $33,500

    Commercial lot with high visibility and steady traffic flow.

    Type:General Commercial
    Lot size:
    0.34 Acres
    Added:
    Dec 20, 2024
    Days on Market:
    497
    Last Refresh:
    Apr 1 at 8:40 pm

    Property Features for 1260 Mlk Blvd Sw

    General Information

    Standard status
    Active
    Lot size
    0.34 Acres
    Property subtype
    General Commercial

    We can help!

    Listing Contact
    Kerry Coleman

    Listing agent Kerry Coleman

    Listing office Cairo Realty Company

    Listing date Dec 20, 2024

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Cairo Realty Company

    Overview

    Commercial Lot on MLK Blvd

    This commercial lot is located on MLK Blvd SW in Cairo, GA. The property offers high visibility and a steady daily traffic flow. It spans approximately 0.34 acres and is located within the Cairo city limits.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Cairo
    County
    Grady
    State
    Georgia
    Longitude
    -84.2102
    Latitude
    30.8797

    Nearby Similar for Sale

    • $370,000
      2,480 SF

      High-Visibility Commercial Property in Cairo

      Versatile 2,480 SF commercial building, ideal for various business uses.
      431 SE 2nd Ave., Cairo, GA 39828
      View Details
    • $299,900

      Established Daycare Center - Cairo, GA

      Turnkey daycare center with 40-year history, licensed for 79 children.
      1293 SW 2nd Ave., Cairo, GA 39828
      View Details
    • $449,000

      Commercial Building with Development Potential

      Versatile commercial building suitable for various uses in Cairo, GA.
      75 Hall Rd, Cairo, GA 39828
      View Details
    • $400,000
      3,655 SF

      Cairo Office Building Investment

      3,655 SF office building on 4.2 acres for sale.
      2601 Industrial Park Blvd, Cairo, GA 39828
      View Details
    • $200,000
      2,752 SF

      Downtown Cairo Mixed-Use Property

      Mixed-use property in downtown Cairo, Georgia, with income potential.
      226-228 S BROAD ST, Cairo, GA 39828
      View Details
    • $30,000

      Residential Lots in Cairo, GA

      Nearly one-acre parcel surveyed for two residential lots.
      655 12th Avenue, Cairo, GA 39828
      View Details
    • $11,000

      Residential Lot in Cairo, GA

      1.84-acre residential lot with development potential in Cairo, Georgia.
      NW 9th Ave, Cairo, GA 39828
      View Details
    • $400,000

      Commercial Land Near Golf Course

      Commercial land with highway frontage near Tired Creek Golf Course.
      1809 US Hwy 84 W, Cairo, GA 39828
      View Details
    • $50,000

      Residential Lot in Country Club

      1.04-acre corner lot in Cairo's Country Club Estates.
      0 McQuaig Street, Cairo, GA 39828
      View Details
    • $400,000
      1,440 SF

      Commercial Land in Cairo, GA

      3.62 acre commercial land parcel for sale.
      1809 US Hwy 84 W, Cairo, GA 39828
      View Details
    • $11,000

      Residential Lot in Cairo, GA

      1.84-acre residential lot with development potential in Cairo, Georgia.
      NW 9th Ave, Cairo, GA 39828
      View Details
    • $52,500

      Residential Lot Near Golf Course

      Level 1.53-acre lot with lake access in Cairo, GA.
      W Lake Dr lot: 27, Cairo, GA 39828
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial lot with high visibility and steady traffic flow.
    Where is this commercial land located?
    The property is located at 1260 Mlk Blvd Sw Cairo, GA.
    What is the asking price?
    The asking price for this property is $33,500.
    What are key features of this property?
    This property features: High visibility location on MLK Blvd SW.; Steady daily traffic flow.; Lot size of approximately 0.34 acres.
    (229) 377-4253
    We can help!
    Listing Contact
    Kerry Coleman
    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

    1260 Mlk Blvd Sw, Cairo, GA 39828

    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!