Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    1339 Jones Chapel Road Sparta, GA 31087

    View on Map
    Claim this Listing
    New
    For Sale
    $350,000

    LAND - Sparta, GA

    Property size:
    2,000 SF
    Lot size:
    22.46 Acres
    Price / SF:
    $175/SF
    Added:
    Apr 30, 2026
    Days on Market:
    6
    Last Refresh:
    May 5 at 9:06 pm

    Property Features for 1339 Jones Chapel Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Agri
    Vegetation
    Brush
    Fencing
    Perimeter
    Standard status
    Active
    Size
    2,000 SF
    Lot size
    22.46 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    821

    Utilities

    Utilities
    Water Available

    Building Details

    Additional Structures
    Greenhouse

    We can help!

    Listing Contact
    Oma Millwood

    Listing agent Oma Millwood License #011324

    Listing office Virtual Properties Realty.com 2750 Premiere Pkwy Suite 200, Duluth, GA

    Listing date Apr 30, 2026

    MLS# 7764136 Listing URL

    Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Agricultural Land with Metal Building

    This agricultural tract in Sparta, GA, encompasses 22.46 acres, presenting opportunities for establishing a farm or constructing a home. A 40x50 prefab metal building is situated on the property, equipped with power, water, and septic systems. The building contains commercial-sized kitchen equipment, including display cases, a chest freezer, walk-in freezers, refrigerators, and storage shelving. Irrigation and a water holding tank are present, and the property is enclosed by a tall fence. Potential uses for the property include homesteading, meat processing, and farming.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Kitchen & Bath Showroom Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Sparta
    County
    Hancock
    State
    Georgia
    Longitude
    -83.156475
    Latitude
    33.215311

    Nearby Similar for Sale

    • $700,000

      Renovated Motel on Augusta Highway

      Family-run motel with renovated rooms and expansion potential.
      12730 Augusta Highway, Sparta, GA 31087
      View Details
    • $700,000

      Sparta Motel on Augusta Highway

      Family-run motel with renovated rooms and expansion potential.
      12730 Augusta Highway, Sparta, GA 31087
      View Details
    • $99,000
      2,600 SF

      Five-Bay Car Wash on Highway

      2,600 SF car wash on 0.65 acres near downtown.
      12765 Augusta Hwy, Sparta, GA 31087
      View Details
    • $399,900
      3,217 SF

      Turn-Key Restaurant Opportunity

      Restaurant with equipment on over an acre in Lake Sinclair.
      3997 Lake Sinclair Drive, Sparta, GA 31087
      View Details
    • $325,000
      4,920 SF

      Highway Retail and Hospitality Opportunity

      8.5-acre site with multiple buildings for sale.
      5176 Highway 22, Sparta, GA
      View Details

    FAQs

    What type of property is this?
    Farm - 22.46 acres in Sparta, GA with metal building.
    Where is this farm located?
    The property is located at 1339 Jones Chapel Road Sparta, GA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 22.46 acre agricultural tract suitable for farming or building a home.; 40x50 prefab metal building with existing power, water, and septic.; Commercial‑sized kitchen equipment included (display cases, freezers, refrigerators, shelving).
    (770) 495-5050
    We can help!
    Listing Contact
    Oma Millwood
    Real Estate License ID: 011324
    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
    1339 Jones Chapel Road, Sparta, GA 31087
    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!