Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Cleared Lot in Lumpkin, GA Title is generated by Realmo AI

    169 Oak Street, Lumpkin, GA 31815

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Lumpkin, GA

    Lot size:
    0.18 Acres
    Added:
    May 19, 2026
    Days on Market:
    15
    Last Refresh:
    Jun 2 at 8:06 am

    Property Features for 169 Oak Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    LU07 020
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    25
    Tax Annual Amount
    50

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Verna Jordan

    Listing agent Verna Jordan License #000119693

    Listing office Normand Real Estate Po Box 204, Stacey Normand, Columbus, GA

    Listing date May 19, 2026

    MLS# 10768145 Listing URL

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

    HighLights

    • Fenced and cleared lot ready for immediate use.
    • Water and electricity already in place.
    • Suitable for storage, small business, or future development.
    • Includes one black storage building.
    • Public water source available.
    • Public sewer available.

    Overview

    This fenced and cleared lot is located in Lumpkin, Georgia. The 0.18-acre property has existing water and electricity connections. A black storage building is included with the property. The lot presents an opportunity for storage, small business operations, or future development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Storage Facility Law Firm Discount Store Electrical Service Auto Repair Shop Computer & Electronic Repair Barber Shop Bed & Breakfast Arcade & Gaming Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lumpkin
    County
    Stewart
    State
    Georgia
    Longitude
    -84.7916356
    Latitude
    32.0476177

    Nearby Similar for Sale

    • $194,900
      2,662 SF

      Lumpkin Commercial Building with Living

      Versatile commercial building with living space in downtown Lumpkin.
      1504 Broad Street, Lumpkin, GA 31815
      View Details
    • $349,988

      Lumpkin, GA Commercial Space

      Open warehouse with office space, loading dock, and parking.
      2038 Broad Street, Lumpkin, GA 31815
      View Details
    • $200,000
      1,496 SF

      Lumpkin Retail Investment Opportunity

      0.08 acre lot with 1,496 SF building.
      334 Main St, Lumpkin, GA 31815
      View Details
    • $19,500

      Unrestricted Land in Lumpkin, GA

      2.483-acre raw land with planted pine and interior roads.
      012 Barge Rd, Lumpkin, GA 31815
      View Details
    • $19,500

      Unrestricted Land in Southwest GA

      2.483-acre unrestricted raw land with planted pine and interior roads.
      12 Barge Road, Lumpkin, GA 31815
      View Details
    • $17,500

      Unrestricted Land in Lumpkin, GA

      2.483 acres of raw, wooded land with homesite potential.
      012 Barge Road, Lumpkin, GA 31815
      View Details
    • $179,988

      30 Acres Agricultural Land, Lumpkin

      30 acres of agricultural land suitable for various uses.
      Valley Road, Lumpkin, GA 31815
      View Details
    • $236,988

      52.64 Acres in Lumpkin, GA

      Approximately 52.64 acres of land available in Lumpkin, Georgia.
      0 Hwy 27 Highway 0027, Lumpkin, GA 31815
      View Details
    • $349,988
      12,000 SF

      Commercial Space in Lumpkin, GA

      Versatile commercial building with warehouse, office, and retail potential.
      2038 Broad Street, LUMPKIN, GA 31815
      View Details
    • $75,000

      Residential Lots in Westwood Hills

      Seven residential lots totaling 10.62 acres in Lumpkin, Georgia.
      Thomas Road, Lumpkin, GA 31815
      View Details
    • $6,000

      Residential Corner Lot in Lumpkin

      Level residential corner building lot in Lumpkin, Georgia.
      Humber Avenue, Lumpkin, GA 31815
      View Details
    • $5,000

      Residential Lot in Lumpkin, GA

      Level residential building lot in Lumpkin, Georgia.
      House Avenue, Lumpkin, GA 31815
      View Details

    FAQs

    What type of property is this?
    Commercial land - Fenced and cleared lot with utilities in place.
    Where is this commercial land located?
    The property is located at 169 Oak Street Lumpkin, GA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Fenced and cleared lot ready for immediate use.; Water and electricity already in place.; Suitable for storage, small business, or future development.
    (706) 315-4370
    We can help!
    Listing Contact
    Verna Jordan
    Real Estate License ID: 000119693
    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
    169 Oak Street, Lumpkin, GA 31815
    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!