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

    3462 Roy Parks RD Gainesville, GA 30507

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $333,000

    Land available in Gainesville, GA, Hall County.

    Type:Land
    Added:
    Feb 21, 2026
    Days on Market:
    55
    Last Refresh:
    Mar 18 at 12:37 pm

    Property Features for 3462 Roy Parks RD

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Dana Gregory

    Listing agent Dana Gregory License #162795

    Listing office Dana Gregory Properties

    Listing date Feb 21, 2026

    Source Evrealestate

    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 Dana Gregory Properties

    Overview

    Gainesville Land For Sale

    Located in Gainesville, GA, this land is situated in Hall County. For navigation, use the address 3485 Southchase Dr, Gainesville, GA 30507.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Auto Repair Shop Garden Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Hall
    State
    Georgia
    Longitude
    -83.7623709
    Latitude
    34.2151801

    Nearby Similar for Sale

    • $749,000
      3,217 SF

      High-Traffic Commercial Office Property

      Strategically located office property with development potential in Gainesville, GA.
      3306 Donna Way, Gainesville, GA 30504
      View Details
    • $749,000
      3,217 SF

      High-Traffic Commercial Office Property

      Strategically located commercial office property with development potential.
      3306 Donna Way, Gainesville, GA 30504
      View Details
    • $825,000
      2,836 SF

      Retail Building on Shallowford Road

      Freestanding retail building on a highly traveled road.
      583 Shallowford, Gainesville, GA 30504
      View Details
    • $1,195,000
      14,000 SF

      Light Industrial Warehouse/Office Buildings

      Two industrial buildings in Venture Industrial Park near downtown Gainesville.
      1619 Gibbs Drive, Gainesville, GA 30507
      View Details
    • $2,000,000
      5,000 SF

      Profitable Liquor Store with Real Estate

      Profitable liquor store with real estate for sale in Gainesville.
      2318 Old Cornelia Highway, Gainesville, GA 30507
      View Details
    • $2,000,000
      5,000 SF

      Profitable Liquor Store with Real Estate

      Profitable liquor store with real estate for sale in Gainesville.
      2318 Old Cornelia Highway, Gainesville, GA 30507
      View Details
    • $6,500
      12,000 SF

      Gainesville Light Industrial Flex Space

      6,000 SF light industrial space with office.
      2427 Hilton Way #100, Gainesville, GA 30501
      View Details
    • $525,950
      3,238 SF

      Versatile Country Retreat with Vineyard

      Unique property with vineyard, barn, and flexible living spaces.
      5603 Old Wilkie Road, Gainesville, GA 30506
      View Details
    • $499,900
      2,190 SF

      Gainesville Auto Shop Opportunity

      Established auto/body shop in high-traffic Gainesville location.
      1410 Westside Drive, Gainesville, GA 30501
      View Details
    • $1,195,000

      Gainesville Mixed-Use Industrial Opportunity

      Two light industrial buildings with office space in Venture Industrial Park.
      1619 Gibbs Drive, Gainesville, GA 30507
      View Details
    • $300,000

      Gainesville Land Assemblage Opportunity

      4.23 acres of land for sale in Gainesville, GA.
      841 Dixon Drive, Gainesville, GA 30501
      View Details
    • $325,000

      Gainesville Commercial Land Opportunity

      0.97-acre commercial land with high visibility in Gainesville, GA.
      1706 Cleveland Highway, Gainesville, GA 30501
      View Details

    FAQs

    What type of property is this?
    Land - Land available in Gainesville, GA, Hall County.
    Where is this land located?
    The property is located at 3462 Roy Parks RD Gainesville, GA.
    What is the asking price?
    The asking price for this property is $333,000.
    What are key features of this property?
    This property features: Hall County location; Enjoy the valley view; Use 3485 Southchase Dr, Gainesville, GA 30507 for navigation
    (770) 616-8889
    We can help!
    Listing Contact
    Dana Gregory
    Real Estate License ID: 162795
    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!