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

    254 Seymour Dr N Thomson, GA

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

    Thomson, GA land ideal for industrial or commercial development.

    Type:LAND
    Lot size:
    18.78 Acres
    Added:
    Apr 23, 2025
    Days on Market:
    371
    Last Refresh:
    Apr 5 at 10:59 pm

    Property Features for 254 Seymour Dr N

    General Information

    Standard status
    Active
    Lot size
    18.78 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Ryan Martin
    Ryan Martin

    Listing agent Ryan Martin License #359783

    Listing office Jordan Trotter Commercial Real Estate

    Listing date Apr 23, 2025

    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 Jordan Trotter Commercial Real Estate

    Overview

    Industrial Land with I-20 Visibility

    This property is suitable for an industrial park, car dealership, or heavy mechanical equipment/vehicle group. The location offers visibility from I-20, which has a traffic volume of 35,900 vehicles per day. Washington Road, partially visible from the site, experiences a traffic volume of 13,300 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Building Supply Spa & Massage Center Auto Repair Shop Hair Salon Pharmacy Nail Salon Auto Parts Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Thomson
    County
    McDuffie
    State
    Georgia
    Longitude
    -82.5057
    Latitude
    33.5088

    Nearby Similar for Sale

    • $199,900
      2,392 SF

      Versatile Commercial Building in Thomson

      Adaptable commercial space ideal for medical or professional services.
      320 Hospital Drive, Thomson, GA 30824
      View Details
    • $125,000
      66,211 SF

      Thomson, GA Land For Sale

      1.52 acre commercial land with utilities in Thomson, GA.
      Washington Road, Thomson, GA 30824
      View Details
    • $150,000

      Prime Thomson Acreage For Sale

      1.18-acre lot in Thomson with high visibility and accessibility.
      609 Main Street, Thomson, GA 30824
      View Details
    • $185,000
      2,028 SF

      Thomson Duplex: Investment Opportunity

      Duplex in Thomson, GA, offering investment and renovation potential.
      462 Bussey Avenue, Thomson, GA 30824
      View Details
    • $300,000

      Thomson, GA Land Opportunity

      32.66 acres near downtown Thomson, GA with development potential.
      1964 Wrens Hwy., Thomson, GA 30824
      View Details
    • $300,000

      Thomson, GA Land Opportunity

      32.66 acres near downtown Thomson, GA, with development potential.
      1964 Wrens Hwy., Thomson, GA 30824
      View Details
    • $439,900

      Prime Commercial Lot Opportunity

      1.28-acre commercial lot in Thomson's thriving business hub.
      Earle Street, Thomson, GA 30824
      View Details
    • $154,200

      Thomson, GA 5.14-Acre Land

      5.14-acre tract with utilities access in Thomson, GA.
      323 Forrest Clary Drive, Thomson, GA 30824
      View Details
    • $199,900
      2,304 SF

      Thomson Multifamily Property on Acreage

      Multifamily property with house and mobile home on 2.45 acres.
      168 Rivers Circle, Thomson, GA 30824
      View Details
    • $79,900

      Thomson, GA Commercial Land

      1.61 acres in B-1 district, high-visibility location.
      Walnut Street, Thomson, GA 30824
      View Details
    • $900,000

      Renovated Restaurant in Downtown Thomson

      Fully furnished restaurant with high traffic Main Street location.
      122 Main St, Thomson, GA 30824
      View Details
    • $55,000

      Residential Land in Thomson, GA

      1.03 acre lot with utilities near private school.
      156 Alcovy Road, Thomson, GA 30824
      View Details

    FAQs

    What type of property is this?
    Commercial land - Thomson, GA land ideal for industrial or commercial development.
    Where is this commercial land located?
    The property is located at 254 Seymour Dr N Thomson, GA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: High I‑20 Visibility; I‑20 VPD: 35,900; Washington Road VPD: 13,300 (partially visible from site)
    (706) 490-0409 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ryan Martin
    Ryan Martin
    Real Estate License ID: 359783
    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!