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

    315 Harmony Church Rd Calhoun, GA 30701

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,000,000

    Prime commercial land with high visibility and traffic volume.

    Property size:
    7 SF
    Lot size:
    7.79 Acres

    Property Features for 315 Harmony Church Rd

    General Information

    Size
    7 SF
    Lot size
    7.79 Acres

    We can help!

    Listing Contact
    Asna Baig
    Source: Svn

    Listing Agent: Asna Baig

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

    Learn more

    Overview

    Calhoun, GA Investment Opportunity

    Located at 315 Harmony Church Road in Calhoun, GA, this property presents a prime investment opportunity. The R2-zoned land, approximately 7 acres in size, has a Future Land Use designation for commercial purposes. The location benefits from exceptional visibility and a high traffic volume of 76,200 cars per day, making it suitable for a range of office or land development projects. Pre-approved for 70 apartment units, the property's zoning allows for diverse uses. Its strategic position near Interstate 75 places it within a thriving community, close to educational institutions such as Georgia Northwestern Technical College and a dynamic workforce. The area offers retail and dining options at the Calhoun Outlet Marketplace and in downtown Calhoun, presenting a compelling proposition for investors looking to capitalize on the area's momentum.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Calhoun
    County
    Gordon
    State
    Georgia
    Longitude
    -84.9097
    Latitude
    34.4962

    Nearby Similar for Sale

    • $549,900
      7,130 SF

      Calhoun Commercial Building Near I-75

      Multi-purpose commercial building with offices and expansion potential near I-75.
      1270 Dews Pond Rd, Calhoun, GA 30701
      View Details
    • $599,000
      3,100 SF

      Downtown Calhoun Professional Office Building

      Two-story office building in downtown Calhoun, suitable for professional applications.
      417 Court St, Calhoun, GA 30701
      View Details
    • $599,000
      3,100 SF

      Downtown Calhoun Professional Office Building

      Two-story office building in downtown Calhoun, Georgia.
      417 Court St, Calhoun, GA 30701
      View Details
    • $895,000
      2,459 SF

      Visible Calhoun Retail Opportunity

      1.12 acre lot ideal for retail development.
      1307 Hwy, Calhoun, GA 30701
      View Details
    • $350,000
      1,633 SF

      Highway 41 Commercial Conversion Opportunity

      Prime location near I-75, ideal for service industry or office.
      2680 Highway 41 S, Calhoun, GA 30701
      View Details
    • $350,000
      0.27 Acres

      Highway 41 Commercial Opportunity

      Versatile commercial property with restaurant, kitchen, warehouse, and freezer.
      1238 Us 41 Hwy N, Calhoun, GA 30701
      View Details
    • $950,000
      3,850 SF

      Profitable Car Wash Business Opportunity

      Operating car wash facility with expansion potential in Calhoun, Georgia.
      605 S Wall St, Calhoun, GA 30701
      View Details
    • $950,000
      3,850 SF

      Turnkey Car Wash Investment Opportunity

      Premier car wash facility in Calhoun, GA, ready for immediate profitability.
      605 S Wall St, Calhoun, GA 30701
      View Details
    • $350,000
      1,025 SF

      Highway 41 Commercial Opportunity

      Versatile commercial property on Highway 41 in Calhoun, GA.
      1238 Us 41 Hwy N, Calhoun, GA 30701
      View Details
    • $254,900
      1,522 SF

      Calhoun Townhome in Gated Community

      Two-bedroom, two-bathroom townhome with community amenities near downtown Calhoun.
      115 Old Mill Dr, Calhoun, GA 30701
      View Details
    • $254,900

      Calhoun Townhome in Gated Community

      Two-bedroom, two-bathroom townhome with community amenities near downtown Calhoun.
      115 Old Mill Dr, Calhoun, GA 30701
      View Details
    • $224,900
      1,426 SF

      Calhoun Condo Investment Opportunity

      Two-bedroom, two-bathroom condo in Calhoun, ideal for rental income.
      367 Mount Vernon Dr, Calhoun, GA 30701
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime commercial land with high visibility and traffic volume.
    Where is this commercial land located?
    The property is located at 315 Harmony Church Rd Calhoun, GA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - High traffic volume of 76,200 cars per day, offering exceptional visibility.; - R2 zoning with diverse allowable uses and Future Land Use designation for commercial.; - Pre-approved for 70 apartment units.
    (470) 342-2102
    Request Owner's contact information
    315 Harmony Church Rd Calhoun, GA 30701
    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.
    315 Harmony Church Rd
    Calhoun, GA 30701
    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
    315 Harmony Church Rd Calhoun, GA 30701
    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
    Asna Baig
    Real Estate License ID: GA #379848
    (470) 342-2102
    Learn more
    Google sign-in failed. Please try again or use another login method.