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

    275 W Milledgeville Rd Harlem, GA

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

    0.56 acre commercial land near downtown Harlem, GA.

    Type:LAND
    Lot size:
    0.56 Acres
    Added:
    Apr 22, 2025
    Days on Market:
    368
    Last Refresh:
    Apr 5 at 11:00 pm

    Property Features for 275 W Milledgeville Rd

    General Information

    Standard status
    Active
    Lot size
    0.56 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Robert McCrary
    Robert McCrary

    Listing agent Robert McCrary License #362127

    Listing office Jordan Trotter Commercial Real Estate

    Listing date Apr 22, 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

    Harlem, GA Commercial Land For Sale

    This 0.56-acre property is zoned P-1 and is located less than half a mile from downtown Harlem, GA. The property benefits from an average daily traffic count of 8,000 and has over 100 feet of road frontage, providing visibility and access. The property is suitable for commercial development due to its proximity to downtown Harlem.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Department Store Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Harlem
    County
    Columbia
    State
    Georgia
    Longitude
    -82.3031
    Latitude
    33.4122

    Nearby Similar for Sale

    • $360,000
      5,000 SF

      Harlem, GA Church Property

      8.7-acre church property with sanctuary, classrooms, and ample parking.
      3837 Gordon Highway, Harlem, GA 30814
      View Details
    • $220,000
      2,482 SF

      Harlem Mixed-Use Conversion Opportunity

      Multifamily or commercial conversion potential in Harlem, Georgia.
      350 W Milledgeville Road, Harlem, GA 30814
      View Details
    • $6,920,000

      Harlem, GA Land Development Opportunity

      Development land with approved PUD for 274 lots.
      Appling Harlem Road, Harlem, GA 30814
      View Details
    • $370,000

      Harlem, GA Land for Sale

      40+ acres of tranquility ideal for agriculture, hunting, timber.
      Intermediate Road, Harlem, GA 30814
      View Details
    • $65,000

      Land in Harlem, Georgia

      2.4 acres of land perfect for building your dream home.
      1262 Miles Road, Harlem, GA 30814
      View Details
    • $370,000

      Harlem, GA Land Opportunity

      40+ acres of land ideal for agriculture and hunting.
      Intermediate Road, Harlem, GA 30814
      View Details
    • $232,100

      Harlem, GA Land Parcel

      Large acreage parcel with multiple potential uses and flexibility.
      Kelly Greene Drive, Harlem, GA 30814
      View Details
    • $229,000

      Harlem, GA Land Parcel

      Large acreage parcel with multiple potential uses and flexibility.
      Emily Court, Harlem, GA 30814
      View Details
    • $162,500

      Harlem, GA Buildable Land

      5.89 acre lot perfect for a custom estate home.
      365 Shagbark Way, Harlem, GA 30814
      View Details
    • $115,000

      Land Near Ft. Gordon

      Large lot near Ft. Gordon and Harlem, GA.
      2125 Lavender Trail, Harlem, GA 30814
      View Details
    • $65,000

      Land Near Ft. Gordon

      Spacious land parcel near Ft. Gordon and Harlem.
      2115 Lavender Trail, Harlem, GA 30814
      View Details
    • $425,000

      25.6 Acres in Harlem, GA

      25.6 acres of land in a growing Georgia community.
      A 000 Wrightsboro Road, Harlem, GA 30814
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.56 acre commercial land near downtown Harlem, GA.
    Where is this commercial land located?
    The property is located at 275 W Milledgeville Rd Harlem, GA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Prime location less than half a mile from downtown Harlem, GA.; P‑1 zoning suitable for commercial development.; High visibility with **8k average daily traffic count.**
    (706) 829-0302 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Robert McCrary
    Robert McCrary
    Real Estate License ID: 362127
    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!