Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    One Acre Lot with Utilities Title is generated by Realmo AI

    400 Bowman Drive NE, Resaca, GA 30735

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

    One-acre lot with well, septic, and electricity.

    Type:Land or Vacant Lot
    Lot size:
    1.00 Acre
    Added:
    Apr 3, 2026
    Days on Market:
    44
    Last Refresh:
    Apr 14 at 9:23 pm

    Property Features for 400 Bowman Drive NE

    General Information

    Standard status
    Active
    Lot size
    1.00 Acre
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    Brooke Chapman

    Listing agent Brooke Chapman

    Listing office Atlanta Communities

    Listing date Apr 3, 2026

    Source Corcoran

    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 Atlanta Communities

    HighLights

    • 1‑acre lot offering space and convenience.
    • Flat property ready for building.
    • Private well already in place.
    • Septic system already in place.
    • Electricity already available on the property.
    • Surrounded by mature trees in a quiet area.

    Overview

    This 1-acre lot offers space and convenience in a quiet area surrounded by mature trees. The flat property has a private well, septic system, and electricity available, although the buyer is responsible for confirming their condition. An older, unusable manufactured home is currently on the property and is to be torn down. The property is being sold AS-IS; the existing home should not be accessed.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Auto Repair Shop Butcher

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

    Location Insight

    • Map
    • Local Demand
    City
    Resaca
    County
    Gordon
    State
    Georgia
    Longitude
    -84.8928935
    Latitude
    34.6154928

    Nearby Similar for Sale

    • $1,650,000
      23,300 SF

      Resaca GA Industrial Multi-Use Facility

      23,300 SF industrial facility near I-75 in Resaca, GA.
      3843 Highway 41 N, Resaca, GA 30735
      View Details
    • $1,599,900
      34,000 SF

      Resaca Ranch with Event Arena

      85-acre ranch ready for livestock, events, or family compound.
      486 County Line Road, Resaca, GA 30735
      View Details
    • $475,000
      1,650 SF

      Remodeled Farmhouse with Pool and Garage

      Charming remodeled farmhouse on 2 acres with pool and garage.
      4015 Maple Grove Church Road, RESACA, GA 30735
      View Details
    • $349,900

      New Ranch on Two Acres

      Modern cottage-style ranch home on 2 acres in Resaca, GA.
      3967 Maple Grove Church Road, RESACA, GA 30735
      View Details
    • $800,000

      Income-Producing Estate on 17 Acres

      Estate with rental income, river frontage, and versatile structures.
      669 Nicklesville Road NE, Resaca, GA 30735
      View Details
    • $1,400,000

      Resaca Multi-Family Investment Opportunity

      Eight-unit apartment complex with strong rental income potential.
      621 Nicklesville Road NE, Resaca, GA 30735
      View Details
    • $800,000

      Resaca Estate with River Frontage

      Income-producing estate on 17 acres with Conasauga River frontage.
      669 Nicklesville Road NE, Resaca, GA 30735
      View Details
    • $1,400,000

      Resaca Multi-Family Investment Opportunity

      Eight-unit apartment complex with strong rental income potential.
      621 Nicklesville Road NE, Resaca, GA 30735
      View Details
    • $2,000,000

      59.1 Acre Agricultural Land

      Level land with pond and income-generating billboard.
      451 Lower Lindsay Springs, RESACA, GA 30735
      View Details
    • $450,000

      Resaca, Georgia Land Parcel

      30+/- acre land parcel in Resaca, Georgia.
      433 Spring Place Reseca Road, Resaca, GA 30735
      View Details
    • $450,000

      Resaca, Georgia Land For Sale

      30+/- acres of diverse land with pastures, woods, and creek.
      433 Spring Place Reseca Road, Resaca, GA 30735
      View Details
    • $120,000

      Resaca, GA Land Parcel

      6.5 acre rural homesite near I-75 in Resaca, GA.
      229 Fog Road, Resaca, GA 30735
      View Details

    FAQs

    What type of property is this?
    Land - One-acre lot with well, septic, and electricity.
    Where is this land located?
    The property is located at 400 Bowman Drive NE Resaca, GA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: 1‑acre lot offering space and convenience.; Flat property ready for building.; Private well already in place.
    (423) 322-2405
    We can help!
    Listing Contact
    Brooke Chapman
    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
    400 Bowman Drive NE, Resaca, GA 30735
    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!