Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Thomson, GA Commercial Land Title is generated by Realmo AI

    1532 Washington Road, Thomson, GA 30824

    View on Map
    Claim this Listing
    For Sale
    $250,000

    COMMERCIAL - Thomson, GA

    Lot size:
    1.16 Acres
    Added:
    Jul 1, 2025
    Days on Market:
    317
    Last Refresh:
    May 13 at 5:06 pm

    Property Features for 1532 Washington Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    PUD
    Standard status
    Active
    APN
    1
    Lot size
    1.16 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1492
    Number of units
    1

    We can help!

    Listing Contact
    Billy Franke
    Billy Franke

    Listing agent Billy Franke License #119941

    Listing office Franke Real Properties, Llc PO Box 212304, MARTINEZ, GA

    Listing date Jul 1, 2025

    MLS# 98227006

    Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Level lot, ready to build on.
    • Public water source available.
    • Public sewer available.
    • Located at latitude 33.498024 and longitude -82.50322.
    • Utilities: Water Available.
    • Year Built: 1492

    Overview

    This commercial land, located in Thomson, Georgia, offers a level lot ready for construction. The property spans 1.16 acres and is zoned PUD.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Thomson
    County
    McDuffie
    State
    Georgia
    Longitude
    -82.516
    Latitude
    33.5142

    Nearby Similar for Sale

    • $320,000
      4,784 SF

      Thomson, GA Fourplex Investment

      Fully occupied fourplex in Thomson, GA with positive cash flow.
      103 Grady Street, Thomson, GA 30824
      View Details
    • $199,900
      2,392 SF

      Versatile Commercial Building in Thomson

      Adaptable commercial space ideal for medical or professional services.
      320 Hospital Drive, Thomson, GA 30824
      View Details
    • $185,000
      2,028 SF

      Thomson Duplex: Investment Opportunity

      Duplex in Thomson, GA, offering investment and value-add potential.
      462 Bussey Avenue, Thomson, GA 30824
      View Details
    • $125,000

      Thomson, GA Land For Sale

      Commercial land with high visibility and utilities available.
      Washington Road lot: 617 Main Street, Thomson, GA 30824
      View Details
    • $150,000

      Prime Thomson Lot For Sale

      1.18-acre lot in Thomson with high visibility and accessibility.
      609 Main Street, Thomson, GA 30824
      View Details
    • $225,000

      Thomson, GA Mobile Home Park

      Established mobile home park with income-producing units and additional lot.
      2569 Wrens Highway, Thomson, GA 30824
      View Details
    • $199,900
      2,304 SF

      Thomson Multifamily Property on Acreage

      Multifamily property with house and mobile home on 2.45 acres.
      168 Rivers Circle, Thomson, GA 30824
      View Details
    • $439,900

      Prime Commercial Lot Opportunity

      1.28-acre commercial lot in Thomson, GA near I-20.
      Earle Street, Thomson, GA 30824
      View Details
    • $154,200

      Thomson, GA 5.14 Acre Land

      5.14-acre tract with utilities, ideal for development or home.
      323 Forrest Clary Drive, Thomson, GA 30824
      View Details
    • $900,000

      Renovated Restaurant in Downtown Thomson

      Fully furnished restaurant with high traffic Main Street location.
      122 Main St, Thomson, GA 30824
      View Details
    • $209,000
      2,952 SF

      Thomson Multifamily Property For Sale

      Multifamily property with two duplexes and a vacant lot.
      236 Greenway Street, Thomson, GA 30824
      View Details
    • $300,000

      Thomson, GA Land Opportunity

      32.66 acres near downtown Thomson, GA with development potential.
      1964 Wrens Hwy., Thomson, GA 30824
      View Details

    FAQs

    What type of property is this?
    Commercial land - Level 1.16 acre commercial lot in Thomson, Georgia.
    Where is this commercial land located?
    The property is located at 1532 Washington Road Thomson, GA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Level lot, ready to build on.; Public water source available.; Public sewer available.
    (706) 831-1400
    We can help!
    Listing Contact
    Billy Franke
    Billy Franke
    Real Estate License ID: 119941
    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
    1532 Washington Road, Thomson, GA 30824
    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!