Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Ralph Quarterman Dr Hinesville, GA 31313

    • Residential income homes
    • 1.18 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential income homes

    Property Details for 0 Ralph Quarterman Dr

    Lot size
    1.18 lot acres
    Property type
    Residential income homes

    Description

    This exceptional 1.18-acre property in Hinesville, Georgia, presents a compelling investment opportunity for developers seeking high-density residential projects. Located on Ralph Quarterman Dr, zip code 31313, Liberty County, this land is zoned R-8, permitting a variety of residential uses. Permitted uses include single-family homes, duplexes, double-wide manufactured housing, and even community amenities such as pools or parks. The property boasts convenient access to city water and sewer services, significantly reducing infrastructure development costs. Conceptual plans for a small duplex or townhome development are already available, providing a solid foundation for immediate project initiation. The asking price for this prime development land is $150,000. This represents a rare chance to acquire a well-situated parcel in a growing area, offering significant potential for substantial returns. The property's location in Hinesville, GA, offers a strategic advantage for developers targeting the local housing market. The R-8 zoning designation ensures flexibility in project design and maximizes the potential for unit density. Don't miss this opportunity to capitalize on the demand for residential housing in this thriving community. Act quickly to secure this exceptional development site.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hinesville
    County
    Liberty
    State
    Georgia
    Longitude
    -81.6033
    Latitude
    31.8203

    Comparable in this City

    • Value Estimation by Request
      14.96 Acres

      Ellie Ln

      Multifamily properties • 14.96 Acres
      0 Ellie Ln, Hinesville, GA 31313
      View Details
    • Value Estimation by Request
      6,300 SF

      000 Monthly

      Restaurants • 6,300 SF
      000 Monthly, Hinesville, GA 31313
      View Details
    • Value Estimation by Request
      3.05 Acres

      618 Elma G Miles Pkwy

      Land • 3.05 Acres
      618 Elma G Miles Pkwy, Hinesville, GA 31313
      View Details
    • Value Estimation by Request

      110 Griffin St

      Land
      110 Griffin St, Hinesville, GA 31313
      View Details
    • Value Estimation by Request
      3.30 Acres

      Oglethorpe Hwy

      Land • 3.30 Acres
      0 Oglethorpe Hwy, Midway, GA 31313
      View Details
    • Value Estimation by Request
      5.80 Acres

      Oglethorpe Hwy

      VACANT COMMERCIAL LAND • 5.80 Acres
      Oglethorpe Hwy, Hinesville, GA 31313
      View Details

    Similar Nearby for Sale

    • $750,000
      1,461 SF

      Hinesville Income-Producing Property Portfolio

      Five income properties near Fort Stewart with expansion potential.
      829 Olmstead Dr, Hinesville, GA 31313
      View Details
    • $2,000,000
      14.96 Acres

      Hinesville Commercial Land - 14.96 Acres

      Prime Hinesville land, 80+ lot potential.
      0 Ellie Ln, Hinesville, GA 31313
      View Details
    • $650,000
      3.30 Acres

      Prime Hinesville Development Land

      3.3 Acres, R20 Zoning, High Traffic
      0 Oglethorpe Hwy, Midway, GA 31313
      View Details
    • $9,700,000
      37.88 Acres

      37.88 Acres in Hinesville, GA

      Three parcels totaling 37.88 acres with two houses included.
      2313 Hwy 196 West, Hinesville, GA 31313
      View Details
    • $2,650,000
      5,191 SF

      Hinesville Restaurant - $2.65M

      Prime Hwy location, 5191 sq ft Ruby Tuesday.
      543 Oglethorpe Hwy, Hinesville, GA 31313
      View Details
    • Contact for pricing
      0.96 Acres

      Hinesville Commercial Land for Sale

      Prime C2-zoned land near Fort Stewart.
      0 Hwy 196, Hinesville, GA 31313
      View Details

    Similar Nearby for Lease

    • $1,250 /Mo

      Hinesville Multifamily Property For Rent

      Three-bedroom, two-bathroom multifamily property available for rent in Hinesville.
      230 Magnolia Plantation Ct, Hinesville, GA 31313
      View Details
    • $1,550 /Mo

      Hinesville Apartment with Included Utilities

      Two-bedroom apartment with included utilities and amenities in Hinesville, GA.
      1474-1 Kelly Dr, Hinesville, GA 31313
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space on General Screven

      Retail space available for rent on General Screven Way.
      104 W General Screven Way, Hinesville, GA 31313
      View Details
    • $18 SF/Yr
      63,308 SF

      Magnolia Oaks Village

      Restaurants • 63,308 SF
      2377 Ga-196, Hinesville, GA 31313
      View Details
    • Contact for pricing
      37,200 SF

      Hinesville Retail Space Available

      Retail property available for lease in Hinesville, Georgia.
      537 W Oglethorpe Hwy, Hinesville, GA 31313
      View Details
    • $2,000 /Mo

      Hinesville Townhome with Granite Counters

      Charming 3-bedroom townhome near restaurants and shopping.
      193 Heirloom Rd, Hinesville, GA 31313
      View Details
    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.
    Ralph Quarterman Dr
    Hinesville, GA 31313
    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.
    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.