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    Former School/Institution on 53+ Acres Title is generated by Realmo AI

    656 GA Hwy 30, Buena Vista, GA 31803

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    For Sale
    $3,950,000

    Large facility with classrooms, gym, kitchen, and auditorium on 53+ acres.

    Type:Special Purpose
    Property size:
    117,602 SF
    Lot size:
    53.51 Acres
    Price / SF:
    $33/SF
    Added:
    Mar 6, 2026
    Days on Market:
    77
    Last Refresh:
    Apr 5 at 11:17 pm

    Property Features for 656 GA Hwy 30

    General Information

    Standard status
    Active
    Size
    117,602 SF
    Lot size
    53.51 Acres
    Property subtype
    Special Purpose

    Building Details

    Year Built
    1980

    We can help!

    Listing Contact
    Dave Jackson

    Listing agent Dave Jackson License #GA #344658

    Listing office NAI G2 Commercial

    Listing date Mar 6, 2026

    Source Naiglobal

    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

    HighLights

    • Large +/- 117,602 sq ft facility on +/- 53.51 acres offers significant space.
    • C4 zoning allows for flexible institutional or commercial use.
    • Includes essential infrastructure: classrooms, administrative offices, gymnasium, auditorium, commercial kitchen, and dining areas.
    • Convenient location: less than 2 miles from GA‑41, 7 miles from Marion County Airport, and under 9 miles from downtown Buena Vista.
    • Outdoor amenities include ball fields and tennis courts.
    • Originally built in 1980, previously used as a postsecondary education institute.

    Overview

    Located at 656 GA Highway 30 in Buena Vista, Georgia, this expansive facility of approximately 117,602 square feet is situated on approximately 53.51 acres. Originally constructed in 1980 as a high school, the property includes classrooms, administrative offices, a gymnasium, an auditorium, a commercial kitchen, dining areas, and various common spaces. Outdoor amenities feature ball fields and tennis courts. Zoned C4, the property is suitable for institutional or commercial use, such as a private school, church, or specialty center. The property is located less than 2 miles from GA-41, 7 miles from Marion County Airport, and under 9 miles from downtown Buena Vista. This versatile campus offers potential for redevelopment or continued educational use. The property is being offered "AS-IS". The location provides accessibility, being less than 2 miles from GA-41, 7 miles from Marion County Airport, and under 9 miles from downtown. This site provides the space, infrastructure, and location to support a wide range of uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Schools

    Map

    City
    Buena Vista
    County
    Marion
    State
    Georgia
    Longitude
    -84.488325
    Latitude
    32.207811

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      Former School on 53 Acres

      117,602 SF facility ideal for institutional or commercial use.
      656 GA Hwy 30, Buena Vista, GA 31803
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    FAQs

    What type of property is this?
    School - Large facility with classrooms, gym, kitchen, and auditorium on 53+ acres.
    Where is this school located?
    The property is located at 656 GA Hwy 30 Buena Vista, GA.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: Large +/- 117,602 sq ft facility on +/- 53.51 acres offers significant space.; C4 zoning allows for flexible institutional or commercial use.; Includes essential infrastructure: classrooms, administrative offices, gymnasium, auditorium, commercial kitchen, and dining areas.
    (706) 660-5418
    We can help!
    Listing Contact
    Dave Jackson
    Real Estate License ID: GA #344658
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    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.

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    656 GA Hwy 30, Buena Vista, GA 31803
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