Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Land on Highway 53 Title is generated by Realmo AI

    3800 Winder Highway, Oakwood, GA 30542

    View on Map
    Claim this Listing
    For Sale
    $800,000

    5.1+/- acres with 557 feet of road frontage.

    Type:Land or Vacant Lot
    Lot size:
    5.10 Acres
    Added:
    Mar 28, 2024
    Days on Market:
    800
    Last Refresh:
    Apr 5 at 9:46 pm

    Property Features for 3800 Winder Highway

    General Information

    Standard status
    Active
    Lot size
    5.10 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    JOSHUA GRINDLE

    Listing agent JOSHUA GRINDLE

    Listing office GRINDLE REAL ESTATE GROUP

    Listing date Mar 28, 2024

    Source Corcoran

    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 GRINDLE REAL ESTATE GROUP

    HighLights

    • 1+/- acres with 557 feet of road frontage on busy Hwy 53
    • Prime location on Hwy 53, heavily trafficked with commuters and lake‑goers
    • Suitable for boat/RV storage or office suites
    • Ex DOT property
    • Investment potential
    • Comprised of 3 parcels

    Overview

    This property consists of 3 parcels totaling 5.1+/- acres. It features 557 feet of road frontage on Highway 53. The location experiences high daily traffic volume. The property is ex DOT property. It is located on the way to the lake, making it suitable for boat or RV storage. Office suites are another potential use.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakwood
    County
    Hall
    State
    Georgia
    Longitude
    -83.8975
    Latitude
    34.1717

    Nearby Similar for Sale

    • $1,500,000
      1,704 SF

      Oakwood Commercial Land For Sale

      Strategically located land in Oakwood's industrial corridor.
      4181 McBrayer Road, Oakwood, GA 30566
      View Details
    • $439,900
      1,600 SF

      Oakwood Commercial Property For Sale

      Versatile property in Oakwood with endless potential for investors.
      4503 AND 4507 Allen Street, Oakwood, GA 30566
      View Details
    • $970,000
      6,000 SF

      Fully Leased Office Investment Opportunity

      Stabilized office building in Oakwood, GA with upside potential.
      4327 Mundy Mill Rd, Oakwood, GA 30566
      View Details
    • $4,470,000

      New Chick-fil-A Ground Lease

      New 15-year Chick-fil-A ground lease in Oakwood, Georgia.
      3437 Winder Hwy, Oakwood, GA 30542
      View Details
    • $1,770,000

      New Express Oil Change Ground Lease

      New construction Express Oil Change in Atlanta MSA for sale.
      3455 Winder Hwy, Oakwood, GA 30542
      View Details
    • $1,749,990
      2,900 SF

      Oakwood Land with Commercial Potential

      14+/- acres in Oakwood, GA with commercial and residential potential.
      3720 Mcever Road, Oakwood, GA 30566
      View Details
    • $749,900

      Oakwood Land For Sale

      Vacant land in desirable Oakwood location.
      5051 McEver, Oakwood, GA 30566
      View Details
    • $2,250,000
      8,565 SF

      Office Pods with Fenced Parking

      Two office pods with paved and fenced parking for sale.
      4104 West White Road, Oakwood, GA, 30566
      View Details
    • $15,000,000
      27,018 SF

      Fully Leased Oakwood Shopping Center

      Fully leased shopping center with long-term rent growth potential.
      3885 Mundy Mill Rd, Oakwood, GA 30566
      View Details
    • Contact for pricing

      10.84 Acres Near Highway 53

      Commercial land near Highway 53, close to amenities.
      4300 Oakwood Road, Oakwood, Georgia 30566
      View Details
    • $85,500

      Oakwood Land Ready to Build

      Level, shaded 1.35-acre lot in Oakwood, Georgia.
      5028 Valley Street, Oakwood, GA 30566
      View Details
    • $1,500,000

      Oakwood Industrial Land Investment Opportunity

      Strategically located industrial land with redevelopment potential in Oakwood, GA.
      4181 McBrayer Road, Oakwood, GA 30566
      View Details

    FAQs

    What type of property is this?
    Commercial land - 5.1+/- acres with 557 feet of road frontage.
    Where is this commercial land located?
    The property is located at 3800 Winder Highway Oakwood, GA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: 1+/- acres with **557 feet of road frontage on busy Hwy 53**; **Prime location on Hwy 53**, heavily trafficked with commuters and lake‑goers; Suitable for boat/RV storage or office suites
    (770) 826-9985
    We can help!
    Listing Contact
    JOSHUA GRINDLE
    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
    3800 Winder Highway, Oakwood, GA 30542
    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!