Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Corner Lot in Downtown Bethlehem Title is generated by Realmo AI

    784 Manger Avenue, Bethlehem, GA 30620

    View on Map
    Claim this Listing
    For Sale
    $139,900

    Vacant lot suitable for professional zoning in growing area.

    Type:Land or Vacant Lot
    Lot size:
    0.83 Acres
    Added:
    Feb 3, 2025
    Days on Market:
    486
    Last Refresh:
    May 10 at 10:02 pm

    Property Features for 784 Manger Avenue

    General Information

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

    We can help!

    Listing Contact
    John Shea

    Listing agent John Shea License #249846

    Listing office Shea Real Estate Group

    Listing date Feb 3, 2025

    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 Shea Real Estate Group

    HighLights

    • Vacant corner lot in Downtown Bethlehem, GA
    • Land use allows for professional zoning
    • Minutes from Hwy 316
    • 200 ft from Hwy 11 with street views to Hwy 11
    • Excellent opportunity for future growth in Barrow County
    • Shopping and restaurants within 45 minute driving time

    Overview

    This vacant corner lot is located in downtown Bethlehem, Georgia. Currently zoned R-1, the land use designation is for the downtown corridor, which would allow for professional zoning. The property is situated minutes from Highway 316 and 200 feet from Highway 11, offering street views of Highway 11. Shopping and restaurants are within a 45-minute driving time. This area is anticipated to be a future growth area for Barrow County, presenting an opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bethlehem
    County
    Barrow
    State
    Georgia
    Longitude
    -83.713
    Latitude
    33.9305

    Nearby Similar for Sale

    • $234,900

      Wooded Land in Growing Area

      1.72 acres for custom estate near amenities.
      924 Beaver Hill Drive, Bethlehem, GA 30620
      View Details
    • $234,900

      Wooded Land in Growing Area

      1.72 acres to create a custom estate.
      924 Beaver Hill Drive, Bethlehem, GA 30620
      View Details
    • $185,000

      Build-Ready Lot in Bethlehem, GA

      Picturesque 1.39 acre lot ready for custom construction.
      T1 461 Harry Mccarty Road, Bethlehem, GA 30620
      View Details
    • $100,000

      Land in Barrow County

      3.01 acre lot ready for permits in Bethlehem, GA.
      611 McDowell Lane, Bethlehem, GA 30620
      View Details
    • $344,000

      Land on Harbins Road, Bethlehem

      Land available near Harbins Road in Bethlehem, Georgia.
      2673 Harbins RD, Bethlehem, GA 30620
      View Details
    • $3,640,000

      Prime Commercial Lot Near Retail

      5.6 acre commercial lot near major retailers.
      449 & 455 Carl Bethlehem, Bethlehem, GA 30620
      View Details
    • $410,250

      Land Near Highway 316

      2.67 acre land parcel in prime Bethlehem location.
      Monroe Hwy, Bethlehem, GA 30620
      View Details
    • $3,640,000

      Prime Commercial Lot For Sale

      5.6 acre commercial lot near major retailers.
      449 & 455 Carl Bethlehem Road, Bethlehem, GA 30620
      View Details
    • $1,054,700

      Prime Commercial Land Assemblage Opportunity

      3-acre commercial land assemblage in a high-growth Georgia corridor.
      825 Carter Hill Drive, Bethlehem, GA 30620
      View Details
    • $56,990

      Residential Land in Wynterberry Subdivision

      0.56-acre lot to build your dream home.
      2412 Snowshoe Bend, Bethlehem, GA 30620
      View Details
    • $56,990

      Residential Lot in Wynterberry Subdivision

      0.56-acre lot in a quiet cul-de-sac, ideal for building.
      2412 Snowshoe Bend, Bethlehem, GA 30620
      View Details
    • $234,900

      Land for Sale

      Land available in Bethlehem, GA.
      924 Beaver Hill Drive, Bethlehem, GA 30620
      View Details

    FAQs

    What type of property is this?
    Commercial land - Vacant lot suitable for professional zoning in growing area.
    Where is this commercial land located?
    The property is located at 784 Manger Avenue Bethlehem, GA.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: Vacant corner lot in Downtown Bethlehem, GA; Land use allows for professional zoning; Minutes from Hwy 316
    (678) 372-1286
    We can help!
    Listing Contact
    John Shea
    Real Estate License ID: 249846
    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
    784 Manger Avenue, Bethlehem, GA 30620
    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!