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

    1840 W Highway 166 Bowdon, GA 30108

    View on Map
    Claim this Listing
    For Sale
    $115,000

    LAND - Bowdon, GA

    Lot size:
    5.06 Acres
    Added:
    Apr 17, 2026
    Days on Market:
    22
    Last Refresh:
    May 8 at 4:06 am

    Property Features for 1840 W Highway 166

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Partially Wooded
    Standard status
    Active
    APN
    015 0122
    Lot size
    5.06 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    543

    Utilities

    Utilities
    Water Available
    Sewer type
    Perc Test On File
    Water source
    Public

    We can help!

    Listing Contact
    Heather Edwards

    Listing agent Heather Edwards License #410378

    Listing office Keller Williams Realty Atl. Partners 560 Newnan Crossing Bypass, Suite 200, Newnan, GA

    Listing date Apr 17, 2026

    MLS# 10735300 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

    • 5‑acre tract offers privacy and natural surroundings.
    • Perc test already completed saves time and expense.
    • Water tap in place for immediate water access.
    • Power available simplifies the building process.
    • Excellent readiness for construction.
    • Additional 4‑acre neighboring lot available for expanded opportunities.

    Overview

    Bowdon, GA - 5 Acre Tract

    This 5.06-acre tract in Bowdon, GA, offers a setting suitable for building a home. The property provides privacy and natural surroundings. It is ready for construction, with a completed perc test, a water tap in place, and available power. An additional 4-acre neighboring lot is also available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Discount Store Grocery & Convenience Store Cosmetic Store Veterinary Clinic Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Bowdon
    County
    Carroll
    State
    Georgia
    Longitude
    -85.296518
    Latitude
    33.542978

    Nearby Similar for Sale

    • $960,000
      11,831 SF

      Bowdon Commercial Property for Sale

      Commercial property in Bowdon, GA, with retail and event space.
      140 City Hall Avenue, Bowdon, GA 30108
      View Details
    • $550,000
      29,771 SF

      Bowdon Commercial Property for Sale

      Commercial property in Bowdon, GA, featuring 29,771 square feet.
      142 City Hall Avenue, Bowdon, GA 30108
      View Details
    • $1,188,000
      16,830 SF

      Bowdon Commercial Property For Sale

      Two buildings on 11 acres with highway frontage.
      1385 East Highway 166, Bowdon, GA 30108
      View Details
    • $715,208

      89 Acres in Carroll County

      89.40 acres with pasture, hardwoods, and creek in Bowdon, GA.
      Old Columbus Road, Bowdon, GA 30108
      View Details
    • $1,188,000
      16,830 SF

      Bowdon Commercial Property on 11 Acres

      Two buildings totaling over 16,000 SF on 11 acres.
      1385 E Highway 166, Bowdon, GA 30108
      View Details
    • $115,000

      Bowdon, GA Land Opportunity

      4.77 acres in Bowdon, ready for your dream home.
      380 Ayers Rd lot: 149, Bowdon, GA 30108
      View Details
    • $115,000

      Bowdon, GA Land For Sale

      4.77 acres in Bowdon, GA, ready for your dream home.
      380 Ayers Road, Bowdon, GA 30108
      View Details
    • $410,000

      Bowdon, GA Land Opportunity

      18.67 acres with ponds and road frontage in Bowdon.
      3399 Stateline Road, Bowdon, GA 30108
      View Details
    • $410,000

      Bowdon, GA Land Opportunity

      18.67 acres with ponds and road frontage in Bowdon.
      3399 Stateline Road, Bowdon, GA 30108
      View Details
    • $250,000

      Bowdon Land with Fenced Property

      9.76 acre fenced property with pond, barn, and home.
      585 Sardis Bethel Road, Bowdon, GA 30108
      View Details
    • $975,000

      Spacious Ranch on Black Jack Mountain

      Charming 4-bedroom home with barn on 29.63 wooded acres.
      433 Old Roanoke Road, Bowdon, GA 30108
      View Details
    • $155,000

      Land in Downtown Bowdon

      Commercial land for sale in downtown Bowdon, Georgia.
      144 City Hall Avenue, Bowdon, GA 30108
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 5-acre tract ready for construction with water and power.
    Where is this residential land & home lot located?
    The property is located at 1840 W Highway 166 Bowdon, GA.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: 5‑acre tract offers privacy and natural surroundings.; **Perc test already completed saves time and expense.**; **Water tap in place for immediate water access.**
    (678) 378-8975
    We can help!
    Listing Contact
    Heather Edwards
    Real Estate License ID: 410378
    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
    1840 W Highway 166, Bowdon, GA 30108
    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!