Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Prime Land in Eagles Landing Title is generated by Realmo AI

    0 Killearn Blvd, Stockbridge, GA 30281

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Two-acre commercial lot in a high-traffic medical corridor.

    Type:Land
    Lot size:
    2.00 Acres
    Added:
    Apr 16, 2023
    Days on Market:
    1145
    Last Refresh:
    May 12 at 9:58 pm

    Property Features for 0 Killearn Blvd

    General Information

    Standard status
    Active
    Lot size
    2.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Raoul Clarke

    Listing agent Raoul Clarke License #GA 419393

    Listing office Coldwell Banker Commercial Metro Brokers

    Listing date Apr 16, 2023

    Source Crexi

    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 Coldwell Banker Commercial Metro Brokers

    HighLights

    • Prime location in Eagles Landing medical corridor
    • 2‑acre lot suitable for business expansion
    • Located across from Piedmont Hospital
    • Zoned C2, allowing for medical offices, restaurants, etc.
    • Water and sewer available at the street
    • Convenient access from exit 224 (Eagles Landing) via Hudson Bridge Rd and Rock Quarry Rd

    Overview

    This 2-acre lot is located in Eagles Landing, situated off exit 224. The property is located off Hudson Bridge Rd, turn left onto Rock Quarry Rd, then Killearn Blvd. The site is positioned across from Piedmont Hospital within a medical district, making it suitable for medical offices or a restaurant. Classified as C2 property, the lot has water and sewer services available at the street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Stockbridge
    County
    Henry
    State
    Georgia
    Longitude
    -84.1952
    Latitude
    33.5641

    Nearby Similar for Sale

    • $1,450,000
      6,985 SF

      Stockbridge Event Venue with Expansion

      Unique property with historic home, ballroom, and steel gazebo.
      108 S Lee Street, Stockbridge, GA 30281
      View Details
    • $2,149,900
      14,510 SF

      Stockbridge Commercial Building on North Henry

      Versatile commercial building with showroom, warehouse, and office space.
      4062 N Henry Boulevard, Stockbridge, GA 30281
      View Details
    • $2,100,000
      10,000 SF

      Stockbridge Retail Strip Center

      10,000 SF retail strip center with income potential.
      5248 N Henry Boulevard, Stockbridge, GA 30281
      View Details
    • $1,100,000
      9,312 SF

      Versatile Commercial Warehouse Complex

      Multi-tenant commercial property with warehouse, office, and truck access.
      60 Bellamy Court, Stockbridge, GA 30281
      View Details
    • $1,500,000

      Stockbridge Land Development Opportunity

      Prime land assemblage in a rapidly growing metro Atlanta area.
      East Lake Parkway, Stockbridge, GA 30281
      View Details
    • $1,600,000
      266,151 SF

      Prime Commercial Corner Acreage

      6.11 acres with commercial potential in Stockbridge, Georgia.
      6079 Highway 155 N, Stockbridge, GA 30281
      View Details
    • $349,900

      Stockbridge Land Ready to Build

      Land suitable for a dream home or small subdivision.
      Old Conyers Road, Stockbridge, GA 30281
      View Details
    • $399,000

      Stockbridge Land with Development Potential

      4-acre property with road frontage and development opportunities.
      544 Highway 138 E, Stockbridge, GA 30281
      View Details
    • $2,499,900
      10,112 SF

      Stockbridge Commercial Opportunity

      Turnkey sports bar, restaurant, and nightclub on nearly 3 acres.
      5425 N Henry Boulevard, Stockbridge, GA 30281
      View Details
    • $590,000

      Stockbridge Commercial Land For Sale

      Commercial land in Stockbridge, GA, near major shopping centers.
      Davidson Parkway N, Stockbridge, GA 30281
      View Details
    • $70,000

      Residential Lot in Hambrick Creek

      Build-ready 0.74-acre lot in established Stockbridge community.
      404 Marilyn Court, Stockbridge, GA 30281
      View Details
    • $42,000

      Residential Land in Stockbridge, GA

      Residential land for sale in a desirable Stockbridge location.
      813 Abarca Lane, Stockbridge, GA 30281
      View Details

    FAQs

    What type of property is this?
    Commercial land - Two-acre commercial lot in a high-traffic medical corridor.
    Where is this commercial land located?
    The property is located at 0 Killearn Blvd Stockbridge, GA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Prime location in Eagles Landing medical corridor; 2‑acre lot suitable for business expansion; Located across from Piedmont Hospital
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Raoul Clarke
    Real Estate License ID: GA 419393
    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
    0 Killearn Blvd, Stockbridge, GA 30281
    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!