Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    166 Little Lulu Lane Richmond Hill, GA 31324

    View on Map
    Claim this Listing
    For Sale
    $2,425,000

    LAND - Richmond Hill, GA

    Lot size:
    2.65 Acres
    Added:
    Nov 14, 2025
    Days on Market:
    167
    Last Refresh:
    Apr 30 at 10:06 am

    Property Features for 166 Little Lulu Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    CITY
    Vegetation
    Partially Wooded, Cleared
    Standard status
    Active
    APN
    0544-116
    Lot size
    2.65 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LOT 177 PH 4 FORD PLANTATION PS 488/7
    Tax Annual Amount
    14826

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public
    Water front features
    Lake
    Water front
    1

    We can help!

    Listing Contact
    Michael P. Carrier

    Listing agent Michael P. Carrier License #433996

    Listing office Keller Williams Coastal Area P 329 Commercial Dr., Suite 100, Savannah, GA

    Listing date Nov 14, 2025

    MLS# SA343816 Listing URL

    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.

    Overview

    Lakefront Homesite in Ford Field

    This 2.65-acre homesite is located in the Ford Field and River Club, approximately 20 minutes south of Savannah. Situated as the highest-elevation lot on Lake Clara, the property provides unobstructed views of Lake Clara and the Ogeechee River. The homesite also offers unobstructed views of the 18th hole of the Pete Dye golf course. The property is located near the Club House, amenities, and the marina within this gated community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond Hill
    County
    Bryan
    State
    Georgia
    Longitude
    -81.286345
    Latitude
    31.936639

    Nearby Similar for Sale

    • $350,000

      Richmond Hill Office Condo For Sale

      Turnkey office condo in high-growth Richmond Hill area.
      10375 Ford Avenue, Richmond Hill, GA 31324
      View Details
    • $345,000
      2,304 SF

      Richmond Hill Multi-Family Acreage

      Spacious property with accessory unit near Richmond Hill.
      236 Frugality Hall Road, Richmond Hill, GA 31324
      View Details
    • $1,250,000
      2,222 SF

      Richmond Hill Commercial Corner Lot

      Prime 1.7-acre commercial lot in Richmond Hill, Georgia.
      11026 Ford Avenue, Richmond Hill, GA 31324
      View Details
    • $359,999

      Richmond Hill Commercial Lot I-95

      0.92-acre commercial lot with I-95 frontage in Richmond Hill.
      129 Thunderbird Drive, Richmond Hill, GA 31324
      View Details
    • $749,000

      Deep-Water Homesite in Richmond Hill

      Premier vacant lot with deep-water access and private dock.
      39 FT McALLISTER Road, Richmond Hill, GA 31324
      View Details
    • $1,100,000

      Cleared Land in Richmond Hill

      8.35-acre commercial land in the heart of Richmond Hill, GA.
      Timber Trail, Richmond Hill, GA 31324
      View Details
    • $399,000

      Buildable Homesite in Richmond Hill

      5-acre homesite in South Bryan County, Richmond Hill, GA.
      19805 Ga Highway 144, Richmond Hill, GA 31324
      View Details
    • $425,000

      Richmond Hill Deepwater Homesite

      8-acre homesite with deepwater access in private coastal community.
      430 McAllister Landing, Richmond Hill, GA 31324
      View Details
    • $375,000

      Richmond Hill 10-Acre Homesite

      Exceptional 10-acre homesite in The Ford Field & River Club.
      160 Sterling Creek Point, Richmond Hill, GA 31324
      View Details
    • $799,000

      Richmond Hill Land with Improvements

      10.25 acres with well, electricity, office, and parking.
      Bodaford Road, Richmond Hill, GA 31324
      View Details
    • $3,500,000

      Richmond Hill Land Opportunity

      5.41 acres with commercial, residential, and multi-family zoning.
      81 Daniel Siding Road, Richmond Hill, GA 31324
      View Details
    • $850,000

      Waterfront Homesite in Richmond Hill

      12.83-acre waterfront homesite at The Ford Field & River Club.
      130 Mcallister Landing, Richmond Hill, GA 31324
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.65-acre homesite with lake and golf course views.
    Where is this residential land & home lot located?
    The property is located at 166 Little Lulu Lane Richmond Hill, GA.
    What is the asking price?
    The asking price for this property is $2,425,000.
    What are key features of this property?
    This property features: Unobstructed, sweeping views of Lake Clara and the Ogeechee River.; **2.65‑acre homesite, the highest elevation lot on Lake Clara.**; Located in the Ford Field and River Club, a prestigious gated community.
    (305) 393-1575
    We can help!
    Listing Contact
    Michael P. Carrier
    Real Estate License ID: 433996
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!