Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land Near I-75 Title is generated by Realmo AI

    Hwy 247, Byron, GA

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

    4.54 acres of commercial land with high traffic volume.

    Type:LAND
    Lot size:
    4.54 Acres
    Added:
    Jul 2, 2025
    Days on Market:
    319
    Last Refresh:
    Apr 5 at 10:51 pm

    Property Features for Hwy 247

    General Information

    Standard status
    Active
    Lot size
    4.54 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Patrick Barry
    Patrick Barry

    Listing agent Patrick Barry

    Listing office Coldwell Banker Commercial | Eberhardt & Barry

    Listing date Jul 2, 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 Coldwell Banker Commercial | Eberhardt & Barry

    HighLights

    • High Traffic Count: Located at the intersection of Hwy 247 Connector (~23,600 VPD) and I‑75 (~83,800 VPD).
    • Total Acreage: 4.54 acres combined from two parcels.
    • Zoned C‑3, suitable for various commercial uses.
    • All public utilities service the site.
    • Prime Intersection location with ongoing GA DOT roundabout construction.
    • Classified as Commercial property.

    Overview

    This commercial land offering consists of two parcels, 052B 031 and 052B 032, totaling 4.54 acres. Parcel 052B 031 comprises 2.89 acres, while parcel 052B 032 contains 1.65 acres. The property is zoned C-3 and classified as commercial. All public utilities service the site. The Georgia Department of Transportation is currently constructing a roundabout at the intersection. Traffic counts are approximately 23,600 vehicles per day on Highway 247 Connector and approximately 83,800 vehicles per day on I-75.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Byron
    County
    Peach
    State
    Georgia
    Longitude
    -83.7596
    Latitude
    32.6538

    Nearby Similar for Sale

    • $1,500,000
      9,835 SF

      Byron Commercial Property on Highway

      2.49-acre commercial property with high visibility and road frontage.
      2637 Highway 247 Conn, Byron, GA 31008
      View Details
    • $1,500,000
      9,835 SF

      Byron Commercial Opportunity For Sale

      Prime commercial property in high-growth area with excellent visibility.
      2637 Highway 247 Connector, Byron, GA 31008
      View Details
    • $475,000

      Byron, GA Investment Opportunity

      Mobile home park with residence and additional leased lots.
      4682 Housers Mill Road, Byron, GA 31008
      View Details
    • $375,000

      47.77 Acres in Byron, GA

      47.77-acre tract ideal for recreation, hunting, or private homestead.
      Juniper Creek Road, Byron, GA 31008
      View Details
    • $298,000

      Byron Land for Private Retreat

      13.8 acres in Peach County, ideal for custom home.
      Moseley Road, Byron, GA 31008
      View Details
    • $80,000

      3.87 Acres Near I-75

      Spacious 3.87-acre lot, minutes from I-75 in Byron, GA.
      477 McGregor Circle, Byron, GA 31008
      View Details
    • $80,000

      Byron, GA Land Opportunity

      3.87 acre homesite minutes from I-75 in Byron, GA.
      477 McGregor Circle, Byron, GA 31008
      View Details
    • Contact for pricing
      1,400 SF

      Publix Anchored Retail Space

      Retail space available in Publix anchored shopping center.
      6015 Watson Blvd., Byron, GA 31008
      View Details
    • $50,000

      Residential Lot in Byron, GA

      0.79 acre lot for residential development near amenities.
      19C Crown Court, Byron, GA 31008
      View Details
    • $50,000

      Residential Lot in Byron, GA

      1.2 acre lot, ideal for building a dream home.
      24C Sterling Drive, Byron, GA 31008
      View Details
    • $5,000,000

      HVAC & Plumbing Company For Sale

      Well-established regional HVAC and plumbing company serving commercial clients.
      660 Peavy Rd, Byron, GA 31008
      View Details
    • $462,000
      21 SF

      Development Tract in Peach County

      21+/- acre development tract with sewer access in Byron, GA.
      21+/- Acres Barker Road, Byron, GA 31008
      View Details

    FAQs

    What type of property is this?
    Commercial land - 4.54 acres of commercial land with high traffic volume.
    Where is this commercial land located?
    The property is located at Hwy 247 Byron, GA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: High Traffic Count: Located at the intersection of Hwy 247 Connector (~23,600 VPD) and I‑75 (~83,800 VPD).; Total Acreage: 4.54 acres combined from two parcels.; Zoned C‑3, suitable for various commercial uses.
    (478) 718-1806 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Patrick Barry
    Patrick Barry
    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

    Thank You for Inquiry
    Hwy 247, Byron, GA
    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!