Sign Up Successful!
You now have access to more from Realmo!
    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

    Archer Grove School Rd, Unit TRACT C Athens, GA 30607

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $299,000

    10-acre residential tract in Jackson County, zoned agricultural.

    Property Features for Archer Grove School Rd

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Josh Burkhalter
    Source: Corcoran

    Listing Agent: Josh Burkhalter

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

    Learn more

    Property Insight Report

    Overview

    Residential Tract in Jackson County

    This 10-acre tract in Jackson County, GA, is zoned agricultural and suited for a future residential homesite. The level property offers paved road frontage and access to downtown Athens, with shopping, restaurants, and hospitals nearby. It is suited for building a dream home, starting a mini-farm, or investing. The tract is part of a 40-acre piece, and more land can be purchased, with a minimum purchase of 10 acres. Taxes have not been assessed on this lot yet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Wholesale Shop Auto Repair Shop Food Market Bar & Pub Furniture Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Clarke
    State
    Georgia
    Longitude
    -83.470184
    Latitude
    34.010062

    Nearby Similar for Sale

    • $345,000
      Pending

      Athens Multifamily with Basement Apartment

      Multifamily property near UGA with a finished basement apartment.
      325 Segrest Cir, Athens, GA 30605
      View Details
    • Contact for pricing
      0.01 Acres

      Tailgating Land Near UGA Stadium

      Landscaped parking space near Sanford Stadium with tailgating amenities.
      225 Oak St, Athens, GA 30605
      View Details
    • Contact for pricing
      0.01 Acres

      Tailgating Space Near UGA Stadium

      Deeded parking space for tailgating near Sanford Stadium.
      225 Oak St, Athens, GA 30605
      View Details
    • $375,000
      0.54 Acres

      Athens Duplex Near Sanford Stadium

      Duplex near UGA, potential for long-term rental income.
      192 Sunny Hills Dr, Athens, GA 30601
      View Details
    • $1,200,000
      7,200 SF

      New Industrial Project in Athens

      7200 sq ft shell building for sale in Athens.
      161 Fritz Mar Ln Unit, Athens, GA 30603
      View Details
    • $650,000
      7,200 SF

      New Industrial Project in Athens

      Industrial project with build-ready pads and shell buildings for sale.
      161 Pad, Athens, GA 30607
      View Details
    • $710,000
      4,000 SF

      New Industrial Project in Athens

      4000 sq ft industrial building for sale in Athens.
      161 Fritz Mar Ln Unit, Athens, GA 30607
      View Details
    • Contact for pricing
      0.01 Acres

      Land Near UGA Stadium

      Landscaped parking space near Sanford Stadium, Athens, GA.
      225 Oak St, Athens, GA 30605
      View Details
    • $1,600,000
      13,278 SF

      Prime Commercial Parcel on Atlanta Highway

      1.5-acre commercial parcel suitable for retail, restaurant, office, and more.
      3180 Atlanta Hwy, Athens, GA 30606
      View Details
    • $1,600,000
      13,278 SF

      Prime Commercial Parcel on Atlanta Highway

      1.5-acre commercial parcel in a high-traffic Athens location.
      3180 Atlanta Hwy, Athens, GA 30606
      View Details
    • $249,899
      0.33 Acres

      Income-Generating Home Near UGA

      Tenant-occupied 2-bedroom home in Bogart, near Athens and UGA.
      255 Marlborough Downs Rd, Athens, GA 30622
      View Details
    • $259,000
      Pending

      Mixed-Use Property in Downtown Athens

      Commercial-residential property near UGA with live/work or investment potential.
      668 Pulaski St, Athens, GA 30601
      View Details

    FAQs

    What type of property is this?
    Agricultural land - 10-acre residential tract in Jackson County, zoned agricultural.
    Where is this agricultural land located?
    The property is located at Archer Grove School Rd, Unit TRACT C Athens, GA.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Large 10-acre residential tract in Jackson County, GA.; - Zoned agricultural, suitable for a residential homesite or mini-farm.; - Level terrain and ample paved road frontage.
    (706) 543-4000
    Request Owner's contact information
    Archer Grove School Rd, Unit TRACT C Athens, GA 30607
    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.
    Archer Grove School Rd, Unit TRACT C
    Athens, GA 30607
    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
    Archer Grove School Rd, Unit TRACT C Athens, GA 30607
    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
    Josh Burkhalter
    Real Estate License ID: 369855
    (706) 543-4000
    Learn more
    Google sign-in failed. Please try again or use another login method.