Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    17 Spring Place Rd NE Cartersville, GA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    9.3-acre commercial development site with C-1 zoning and all utilities.

    Type:LAND
    Lot size:
    9.31 Acres
    Added:
    Jun 14, 2024
    Days on Market:
    694
    Last Refresh:
    Apr 5 at 11:19 pm

    Property Features for 17 Spring Place Rd NE

    General Information

    Standard status
    Active
    Lot size
    9.31 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Kurt Cooper
    Kurt Cooper

    Listing agent Kurt Cooper License #312370

    Listing office Coldwell Banker Commercial Metro Brokers

    Listing date Jun 14, 2024

    Source Moodyscre

    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 Coldwell Banker Commercial Metro Brokers

    HighLights

    • Commercial development site with C‑1 zoning.
    • Located near I‑75 (Exit 296) in a fast‑developing area.
    • All utilities available to the site.
    • 9.308 +/- Acres
    • Peninsula lot with three road frontages.
    • Special‑Use Permit for Truck Parking.

    Overview

    Bartow County Commercial Development Site

    This commercial development site is located in Bartow County, near Exit 296 of I-75. The property consists of 9.308 acres and is zoned C-1. All utilities are available to the site. It is a peninsula lot with three road frontages. A special-use permit for truck parking is in place. The area is experiencing rapid development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Food Market Grocery & Convenience Store Bar & Pub Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cartersville
    County
    Bartow
    State
    Georgia
    Longitude
    -84.8128
    Latitude
    34.2836

    Nearby Similar for Sale

    • $450,000

      Cartersville Land Ready for Development

      0.97-acre commercial land parcel in Cartersville, GA.
      31 Center Road, Cartersville, GA 30121
      View Details
    • $529,900

      Lake & Mountain View Homesite

      Premier 1.6-acre lot with panoramic views near Lake Allatoona.
      12 Signal Mountain Circle, Cartersville, GA 30121
      View Details
    • $600,000

      Commercial Land Near Euharlee, GA

      3.89 acre commercial land parcel near downtown Euharlee, GA.
      720 Euharlee Road SW, Cartersville, GA 30120
      View Details
    • $350,000

      Highway 20 Commercial Land

      0.59 acre commercial land with high traffic count.
      5578 Highway 20 SE, Cartersville, GA 30121
      View Details
    • $450,000

      Cartersville Commercial Land Opportunity

      5.74 acre commercial land in growing Cartersville, Georgia.
      Adams Chapel Road, Cartersville, GA 30120
      View Details
    • $529,900

      Cartersville Land with Lake Views

      1.77-acre cul-de-sac lot with panoramic lake and mountain views.
      12 Signal Mountain Circle, Cartersville, GA 30121
      View Details
    • $570,000

      Highway 20 Commercial Land

      4+ acres with high visibility near I-75.
      5700 Highway 20 SE, Cartersville, GA 30121
      View Details
    • $210,000

      Two Homes Plus Approved Lot

      Two homes on one parcel with approved duplex lot.
      46 Young Street, Cartersville, GA 30120
      View Details
    • $75,000

      Residential Lot in Mountainbrook Community

      0.54-acre lot in Cartersville's Mountainbrook community.
      28 Ridgeline Way NW, Cartersville, GA 30121
      View Details
    • $70,000

      Residential Lot in Carter Grove

      Ready-to-build 0.48-acre lot in established Cartersville community.
      25 Greencliff Way SE, Cartersville, GA 30120
      View Details
    • $450,000

      Commercial Lot on Highway 20

      Commercial land on Highway 20, Cartersville, near I-75.
      5554 Highway 20 SE, Cartersville, GA 30121
      View Details
    • $75,000

      Residential Lot in Mountainbrook Community

      0.54-acre lot in Cartersville, GA with resort-style amenities.
      28 Ridgeline Way NW, Cartersville, GA 30121
      View Details

    FAQs

    What type of property is this?
    Commercial land - 9.3-acre commercial development site with C-1 zoning and all utilities.
    Where is this commercial land located?
    The property is located at 17 Spring Place Rd NE Cartersville, GA.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: Commercial development site with C‑1 zoning.; Located near I‑75 (Exit 296) in a fast‑developing area.; All utilities available to the site.
    (678) 320-4800 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kurt Cooper
    Kurt Cooper
    Real Estate License ID: 312370
    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
    17 Spring Place Rd NE, Cartersville, GA
    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!