Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Hwy 126 Chester, GA 31012

    Sponsored
    For Sale
    $88,770

    Prime 16-acre commercial tract near Chester, GA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    400
    This exceptional 16.14+/- acre commercial land parcel presents a unique investment opportunity in Dodge County, Georgia. Situated just outside the town of Chester, this property boasts a desirable location with convenient access to both Dublin and Macon. The land features a blend of recently clear-cut areas and a natural stand of mixed hardwood and pine trees, adding to its diverse appeal. A tranquil creek meanders through the property, enhancing its natural beauty and providing a picturesque setting. Ample frontage along Highway 126 offers significant potential for future subdivision, making it ideal for various development projects. Several areas on the property are well-suited for homesites, offering privacy and ample space. The combination of its size, location, and natural features makes this property an attractive option for developers, investors, or anyone seeking a substantial landholding in a peaceful, yet accessible, rural setting. The asking price is $88,770. The property's address is HWY 126, Chester, GA 31012.

    Property Features for 0 Hwy 126

    General Information

    Property type
    Land
    Lot Size
    696,960 SF

    HighLights

    • $88,770 asking price.
    • 16‑acre commercial land parcel.
    • Located in Chester, GA, 31012, on Hwy 126.
    • Mix of cleared and wooded land with creek.
    • Suitable for subdivision; multiple potential homesites.
    • Convenient to Dublin and Macon.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Chester
    County
    Dodge
    State
    Georgia
    Longitude
    -83.170613
    Latitude
    32.403227

    Nearby Comparable

    • $39,000
      1,080 SF

      Chester Business Opportunity: Prime Main Street Location

      Start your own business! High-traffic Main Street location.
      Main St, Chester, GA 31012
      View Details
    • $39,000
      1,080 SF

      Chester Commercial Building - Great Investment

      1,080 sq ft, prime Chester location, $39,000.
      000 Main St, Chester, GA 31012
      View Details
    • $39,000

      Prime Chester Retail Space

      Main Street Retail Opportunity - $39,000
      Chester Main St, Chester, GA 31012
      View Details
    • $795,000

      191 Acres with Longleaf Pines

      191 acres featuring longleaf pines, creek frontage, and abundant wildlife.
      Bethel Church Rd, Eastman, GA 31023
      View Details
    • $3,800,000
      12,311 SF

      Prime Commercial Property For Sale

      Prime Commercial Property For Sale
      6470 Georgia Highway 400, Cumming, GA 30028
      View Details
    • $120,000

      Open Land Parcel For Sale

      Open land with road frontage, Bleckley County Schools.
      Royal Phillips Rd, Cochran, GA 31014
      View Details
    • Contact for pricing
      50 SF

      Land Lots Available For Sale

      Land lots available with city water and sewer.
      50+ Lots Wood Oak Subdivision, Cochran, GA 31014
      View Details

    Nearby Similar for Sale

    • $39,000
      1,080 SF

      Chester Business Opportunity: Prime Main Street Location

      Start your own business! High-traffic Main Street location.
      Main St, Chester, GA 31012
      View Details
    • $39,000
      1,080 SF

      Chester Commercial Building - Great Investment

      1,080 sq ft, prime Chester location, $39,000.
      000 Main St, Chester, GA 31012
      View Details
    • $39,000

      Prime Chester Retail Space

      Main Street Retail Opportunity - $39,000
      Chester Main St, Chester, GA 31012
      View Details

    FAQs

    What type of property is this?
    Land - Prime 16-acre commercial tract near Chester, GA.
    Where is this land located?
    The property is located at Hwy 126 Chester, GA.
    What is the asking price?
    The asking price for this property is $88,770.
    What are key features of this property?
    This property features: $88,770 asking price.; 16-acre commercial land parcel.; Located in Chester, GA, 31012, on Hwy 126.
    Request Owner's contact information
    Hwy 126 Chester, GA 31012
    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.
    Hwy 126
    Chester, GA 31012
    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.

    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
    Hwy 126 Chester, GA 31012
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.