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

    350 Rucker Ln Statesboro, GA 30458

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    237-unit, 668-bed student housing adjacent to Georgia Southern University.

    We can help!

    Listing Contact
    Ryan Lang
    Source: Nmrk

    Listing Agent: Ryan Lang

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

    Learn more

    Overview

    Student Housing Near Georgia Southern

    This property is a 237-unit, 668-bed student housing asset. It serves Georgia Southern University and is located along South Main Street, adjacent to the eastern entrance of the Georgia Southern University campus. The property is also located near surrounding retail.
    Location Intelligence

    Current Use by Public Records

    The Hamptons Statesboro Student Housing Center Southern Brothers Pressure Washing Service Alyssa’s Apartment Apartment Building Aydia's Apartment Apartment Complex

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Statesboro
    County
    Bulloch
    State
    Georgia
    Longitude
    -81.791941
    Latitude
    32.424786

    Nearby Similar for Sale

    • $3,150,000
      17,288 SF

      New Townhomes in Statesboro, GA

      New 16-unit townhome complex near Georgia Southern University.
      93 Briarwood Rd, Statesboro, GA 30458
      View Details
    • $451,500
      26.57 Acres

      Brooklet, GA Farm/Timber Land

      26.57 acre farm land in Brooklet, GA. No HOA.
      14 Bennett Grooms Rd, Statesboro, GA 30458
      View Details
    • $238,200
      11.91 Acres

      Brooklet, GA Farm/Timber Land

      11.91 acre farm in Brooklet, GA near Savannah and Statesboro.
      10 Arcola Rd, Statesboro, GA 30458
      View Details
    • $312,000
      15.60 Acres

      Brooklet, GA Farm/Timber Land

      15.6 acre farm/timber land near Savannah and Statesboro, GA.
      11 Arcola Rd, Statesboro, GA 30458
      View Details
    • $282,500
      14.87 Acres

      Brooklet, GA Farm/Timber Land

      14.87 acres of country living near Savannah and Statesboro, GA.
      17 Ln Church Rd, Statesboro, GA 30458
      View Details
    • $158,200
      7.19 Acres

      Brooklet, GA Mini-Farm Opportunity

      7.19 acre mini-farm near Brooklet and Statesboro, Georgia.
      19 Ln Church Rd, Statesboro, GA 30458
      View Details
    • $100,600
      5.03 Acres

      Brooklet, GA Mini-Farm Opportunity

      5.03 acre mini-farm in Brooklet, GA, near Savannah and Statesboro.
      12 Bennett Grooms Rd, Statesboro, GA 30458
      View Details
    • $111,300
      5.86 Acres

      Brooklet, GA Mini-Farm Opportunity

      Country living near Savannah and Statesboro, GA. Gated mini-farm.
      7 Arcola Rd, Statesboro, GA 30458
      View Details
    • $144,500
      7.22 Acres

      Brooklet, GA Farm/Timber Land

      7.22 acres of country living near Savannah and Statesboro.
      2 Arcola Rd, Statesboro, GA 30458
      View Details
    • $128,400
      6.42 Acres

      Brooklet, GA Mini-Farm Opportunity

      6.42 acre mini-farm near Statesboro and Savannah, Georgia.
      13 Bennett Grooms Rd, Statesboro, GA 30458
      View Details
    • $102,000
      5.11 Acres

      Brooklet GA Land Opportunity

      5.11 acre farm land near Savannah and Statesboro, Georgia.
      1 Arcola Rd, Statesboro, GA 30458
      View Details
    • $221,000
      11.05 Acres

      Brooklet, GA Farm/Timber Land

      11.05 acre farm near Statesboro and Savannah, Georgia.
      4 Arcola Rd, Statesboro, GA 30458
      View Details

    FAQs

    What type of property is this?
    Apartment building - 237-unit, 668-bed student housing adjacent to Georgia Southern University.
    Where is this apartment building located?
    The property is located at 350 Rucker Ln Statesboro, GA.
    What are key features of this property?
    This property features: - Premier location adjacent to Georgia Southern University campus.; - 237-unit / 668-bed student housing asset serving Georgia Southern University.; - Located along South Main Street, steps away from the eastern entrance of GSU.
    (512) 637-1296
    Request Owner's contact information
    350 Rucker Ln Statesboro, GA 30458
    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.
    350 Rucker Ln
    Statesboro, GA 30458
    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
    350 Rucker Ln Statesboro, GA 30458
    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
    Ryan Lang
    (512) 637-1296
    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.