Highway Business-Zoned Commercial
For Sale
$598,750
1862 Railroad Street, Statham, GA 30666
Commercial Sale, Statham, GA
Property Size1,424 SF
Lot Size5.19 Acres
Price / SF$420.47
Days on Market244
Property Features for 1862 Railroad Street
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Corner Lot
Directions
Take GA-10 Loop S, Atlanta Hwy, 3rd Ave and Atlanta Hwy SE to Mulberry St in Statham 16 min (10.9 mi) Drive to Railroad St
Standard status
Active
APN
ST02 082
Size
1,424 SF
Lot size
5.19 Acres
Taxes and HOA fees
Tax Year
23
Tax Annual Amount
2664
Utilities
Sewer type
Septic Tank, Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
1932
Building materials
Wood Siding
Listing Agency:
RAC Properties of Athens, Inc.
(706) 355-3178
Listed By:
Ellen West
(678) 243-8187
Added: Feb 26
Changed: Oct 28
Last Checked: Oct 28 at 5:06PM
MLS# 10810527
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.
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Investment Insights
Based on property information with market context.
Commercial land opportunity on a 5.19-acre parcel in Barrow County, located at 1862 Railroad Street, Statham, GA 30666, just off Atlanta Highway SE. The property is Highway Business-zoned and offers flexibility for a range of commercial development plans.
A home on the property is grandfathered for residential use through continual occupancy and is currently leased, providing ongoing residential utility while you plan your commercial project. The structure includes wood siding and is served by a heat pump for heating and electric cooling. Utilities on site include public water, along with septic tank and public sewer.
With Highway Business zoning already in place, the site supports a variety of commercial uses, including warehouse, flex space, retail, office, and mini-storage concepts. The land configuration and location near a major roadway are intended to support day-to-day access for customers and tenants.
A home on the property is grandfathered for residential use through continual occupancy and is currently leased, providing ongoing residential utility while you plan your commercial project. The structure includes wood siding and is served by a heat pump for heating and electric cooling. Utilities on site include public water, along with septic tank and public sewer.
With Highway Business zoning already in place, the site supports a variety of commercial uses, including warehouse, flex space, retail, office, and mini-storage concepts. The land configuration and location near a major roadway are intended to support day-to-day access for customers and tenants.
Key Highlights
- 5.19‑acre parcel in Barrow County at 1862 Railroad Street, Statham, GA 30666
- Highway Business zoning for a range of commercial development uses
- Located just off Atlanta Highway SE
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,130
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,600
$382.6K
Cap Rate 7%
$273,286
$273.3K
Cap Rate 9%
$212,556
$212.6K
Market Conditions
NOI Build-Up for 1,424 SF
Gross rent
$37.1K $26.04/SF
− Vacancy
−$2.3K −$1.61/SF
EGI
$34.8K $24.43/SF
− OpEx
−$15.7K −$10.99/SF
NOI
$19.1K $13.43/SF
Area
Barrow County, GA
Vacancy
6.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,600
Cap Rate 7%
$273,286
Cap Rate 9%
$212,556
Alternative Uses
Best Use
Apartment 5plus
$273.3K
$239.1K – $318.8K
NOI $19,130 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$398.1K
$348.3K – $464.4K
NOI $27,864 @ 7.0% cap · market cap 4.65%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
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Business Placement
Demographics for 30666, GA
10,726
Population
3,606
Households
3
Avg Household Size
39
Median Age
32%
College-Educated
90%
High-School Grad
35.6 sq mi
ZIP Area
301
Density / Sq Mi
$84,044
Median Household Income
$40,324
Median Earnings
$1,138
Median Rent
$285,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Highway Business-zoned commercial land with public water and sewer services for flexible development near Atlanta Highway SE.
Where is this commercial land located?
The property is located at 1862 Railroad Street Statham, GA.
What is the asking price?
The asking price for this property is $598,750.
What are key features of this property?
This property features: 5.19‑acre parcel in Barrow County at 1862 Railroad Street, Statham, GA 30666; Highway Business zoning for a range of commercial development uses; Located just off Atlanta Highway SE
