Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2591 Randall Hunt Rd Thomson, GA

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $11,000,000

    Land suitable for solar energy project near power substation.

    Lot size:
    200.00 Acres

    Property Features for 2591 Randall Hunt Rd

    General Information

    Lot size
    200.00 Acres

    We can help!

    Listing Contact
    Wil Kacos
    Wil Kacos
    Source: Moodyscre

    Listing Agent: Wil Kacos

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

    Learn more

    Overview

    Land Near Power Substation

    This land parcel is located contiguous to a power substation and a proposed solar energy project. Situated in Georgia, the property benefits from a favorable tax environment and access to a highly qualified cyber/I.T. workforce. The location is in the #1 state in the Union for business.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Thomson
    County
    McDuffie
    State
    Georgia
    Longitude
    -82.5045733
    Latitude
    33.4706927

    Nearby Similar for Sale

    • $699,000
      10,827 SF

      Thomson Flex Space Opportunity

      Versatile 10,827 SF flex building in Thomson, Georgia.
      225 West Hill St, Thomson, GA 30824
      View Details
    • $425,000
      4,680 SF

      Multi-Office Flex Property For Sale

      Flex property with office units and warehouse space for sale.
      647 Main St, Thomson, GA 30824
      View Details
    • $499,000
      3,726 SF

      Renovated Retail Building Near I-20

      Renovated 3,726 SF retail building with high traffic volume.
      1494 Washington Rd, Thomson, GA
      View Details
    • $115,000
      1,036 SF

      Thomson Commercial Building For Sale

      Commercial building with 1,036 square feet of space.
      1385 Washington Rd, Thomson, GA
      View Details
    • $109,900
      960 SF

      Thomson Commercial Space - High Traffic!

      Downtown Thomson business space, high foot traffic, great parking.
      126 Railroad St, Thomson, GA 30824
      View Details
    • $529,000
      12.01 Acres

      Thomson Subdivision Development Opportunity

      12 Acres, 27 Lots, Ready to Build
      000 Johannes Dr, Thomson, GA 30824
      View Details
    • $700,000
      27,500 SF

      Camak Warehouse: Thomson, GA

      Climate-controlled warehouse, prime location.
      117 First Ave, Thomson, GA 30824
      View Details
    • $129,000
      960 SF

      Thomson Retail Storefront - $129K

      Historic Downtown Thomson storefront, 960 sq ft.
      126 Railroad St, Thomson, GA 30824
      View Details
    • $699,000
      10,827 SF

      Thomson Industrial Property: $699,000

      10,827 SF Flex Space, Thomson, GA
      225 Hill St, Thomson, GA 30824
      View Details

    FAQs

    What type of property is this?
    Land - Land suitable for solar energy project near power substation.
    Where is this land located?
    The property is located at 2591 Randall Hunt Rd Thomson, GA.
    What is the asking price?
    The asking price for this property is $11,000,000.
    What are key features of this property?
    This property features: - Located in the #1 state in the Union for business; - Favorable tax environment in Georgia; - Highly qualified cyber/I.T. workforce available
    (706) 736-1031
    Request Owner's contact information
    2591 Randall Hunt Rd Thomson, GA
    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.
    2591 Randall Hunt Rd
    Thomson, GA
    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
    2591 Randall Hunt Rd Thomson, GA
    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
    Wil Kacos
    Wil Kacos
    Real Estate License ID: GA 362127
    (706) 736-1031
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.