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

    6395 Psalmond Rd Midland, GA

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

    3-acre lot with PUD zoning in Midland, Georgia.

    Type:LAND
    Lot size:
    1.00 Acre
    Added:
    Feb 20, 2025
    Days on Market:
    428
    Last Refresh:
    Apr 5 at 11:09 pm

    Property Features for 6395 Psalmond Rd

    General Information

    Standard status
    Active
    Lot size
    1.00 Acre
    Property subtype
    LAND

    We can help!

    Listing Contact
    Lakshmi Karthik
    Lakshmi Karthik

    Listing agent Lakshmi Karthik License ##379497

    Listing office NAI G2 Commercial

    Listing date Feb 20, 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 NAI G2 Commercial

    Overview

    Undeveloped Land in Midland, GA

    This approximately 3-acre undeveloped lot, located at 6395 Psalmond Road, offers PUD zoning, providing flexibility for various development opportunities. Situated in the Midland area, the parcel benefits from visibility at a signalized intersection. The lot features level terrain, an approved curb cut from Highway 80, and an additional entrance from Psalmond Road. Offsite detention is in place, and the owner is open to dividing the property. This property is suited for land investors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Midland
    County
    Muscogee
    State
    Georgia
    Longitude
    -84.7565
    Latitude
    32.5191

    Nearby Similar for Sale

    • $3,500,000
      2,700 SF

      Prime Development Land in Midland, GA

      9.16-acre assemblage in high-growth area suitable for diverse development.
      8000 Beaver Run Road, Midland, GA 31820
      View Details
    • $379,000

      Partially Graded Land Parcel

      2.84 acre commercial land parcel in rapidly growing area.
      6919 Jamesson Way, Midland, GA 31820
      View Details
    • $1,100,000

      Expansive Land in Midland, GA

      22+ acre property with endless possibilities in a prime location.
      4057 Pope Road, Midland, GA 31820
      View Details
    • $1,500,000

      Residential Land Development Opportunity

      9.20 acres of residential land near Pratt & Whitney.
      10477 Macon Road, Midland, GA 31820
      View Details
    • $1,500,000

      100+ Acre Midland Family Estate

      100.17 acres suitable for a family estate or development.
      7715 Lynch Road, Midland, GA 31820
      View Details
    • $1,500,000

      100+ Acre Oasis For Sale

      100.17 acre oasis near Columbus, GA, suitable for development.
      7715 Lynch Road, Midland, GA 31820
      View Details
    • $223,000

      Commercial Land in Midland, GA

      Usable acreage in a fantastic North-East Columbus location.
      6912 D Jamesson Way, Midland, GA 31820
      View Details
    • $79,000

      Midland, GA Wooded Building Lot

      2.698 acre wooded building lot in Midland, Georgia.
      7834 Oakhurst Court, Midland, GA 31820
      View Details
    • $5,000,000

      Midland, GA Land For Sale

      10.32 acre land in Midland, GA, suitable for development.
      6601 Psalmond Road, Midland, GA 31820
      View Details
    • $52,000

      Undeveloped Land on Whitton Drive

      1.02 acres of land in Midland, GA, ideal for development.
      7101 Whitton Drive, Midland, GA 31820
      View Details
    • $399,000

      2.84 Acre Partially Graded Parcel

      2.84 acre parcel near Midland Commons, US80, and Manchester Expressway.
      6919 Jamesson Way, Midland, GA 31820
      View Details
    • $1,500,000

      100+ Acre Oasis Near St.

      Large acreage near St. Francis and The Medical Center.
      7715 Lynch Road, MIDLAND, GA 31820
      View Details

    FAQs

    What type of property is this?
    Land - 3-acre lot with PUD zoning in Midland, Georgia.
    Where is this land located?
    The property is located at 6395 Psalmond Rd Midland, GA.
    What is the asking price?
    The asking price for this property is $871,200.
    What are key features of this property?
    This property features: PUD zoning allows for flexible development options.; Excellent visibility at the only signalized intersection in the Midland area.; Approved curb cut from Highway 80.
    (706) 332-0031 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Lakshmi Karthik
    Lakshmi Karthik
    Real Estate License ID: #379497
    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!