Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land Overlooking Tired Creek Golf Title is generated by Realmo AI

    Magnolia Dr Lot 23, Cairo, GA 39828

    View on Map
    Claim this Listing
    Picture of Commercial land at Magnolia Dr Lot 23, Cairo, GA
    For Sale
    $58,500

    LAND - Cairo, GA

    Lot size:
    1.21 Acres
    Added:
    Feb 28, 2025
    Days on Market:
    459
    Last Refresh:
    Jun 2 at 4:06 pm

    Property Features for Magnolia Dr Lot 23

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    C009A023
    Lot size
    1.21 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    314

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Charles Renaud
    Charles Renaud

    Listing agent Charles Renaud

    Listing office Realty Mart Inc. 707 Hwy 84 E, Cairo, GA

    Listing date Feb 28, 2025

    MLS# 13808 Listing URL

    Copyright © 2026 Southwest Georgia Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Located on the Tired Creek Golf Course
    • Overlooks the 9th Fairway
    • Last available lot on the golf course
    • Great value
    • Amazing location
    • Water Available

    Overview

    This 1.21-acre commercial land lot is located in Cairo, Georgia, specifically situated overlooking the 9th Fairway of the Tired Creek Golf Course. It is the last available lot on the golf course.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Cairo
    County
    Grady
    State
    Georgia
    Longitude
    -84.2196069
    Latitude
    30.9009032

    Nearby Similar for Sale

    • $149,900
      1,300 SF

      Cairo, GA Office Building

      Office building in the heart of Cairo, Georgia.
      401 N Broad Street, Cairo, GA 39828
      View Details
    • $299,900
      3,228 SF

      Established Daycare Center - Cairo, GA

      Turnkey daycare center with 40-year history, licensed for 79 children.
      1293 SW 2nd Ave., Cairo, GA 39828
      View Details
    • $370,000
      2,480 SF

      High-Visibility Commercial Property in Cairo

      Versatile 2,480 SF commercial building, ideal for various business uses.
      431 SE 2nd Ave., Cairo, GA 39828
      View Details
    • $175,000

      Office Space on Highway 84

      Office space with great visibility on Highway 84.
      2173 US Hwy 84 E, Cairo, GA 39828
      View Details
    • $449,000

      Commercial Building with Development Potential

      Versatile commercial building suitable for various uses in Cairo, GA.
      75 Hall Rd, Cairo, GA 39828
      View Details
    • $200,000
      2,752 SF

      Downtown Cairo Mixed-Use Property

      Mixed-use property in downtown Cairo, Georgia, with income potential.
      226-228 S BROAD ST, Cairo, GA 39828
      View Details
    • $400,000
      1,440 SF

      Commercial Land in Cairo, GA

      3.62 acre commercial land parcel for sale.
      1809 US Hwy 84 W, Cairo, GA 39828
      View Details
    • $11,000

      Residential Lot in Cairo, GA

      1.84-acre residential lot with development potential in Cairo, Georgia.
      NW 9th Ave, Cairo, GA 39828
      View Details
    • $400,000

      Commercial Land Near Golf Course

      Commercial land with highway frontage near Tired Creek Golf Course.
      1809 US Hwy 84 W, Cairo, GA 39828
      View Details
    • $160,000

      Vacant Land in Cairo, GA

      113.88 acres of land with pecan orchards and pond.
      0 Elpino Rd, Cairo, GA 39827
      View Details
    • $149,900

      6 Acre Residential Land

      Residential land for sale in Woodridge subdivision, Cairo, GA.
      322 Woodridge Ln, Cairo, GA 39827
      View Details
    • $190,000

      Highway Frontage Development Lot

      3.5-acre commercial lot on major highway ready for development.
      2975 E Hwy 84, Cairo, GA 39828
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.21 acre lot on Tired Creek Golf Course.
    Where is this commercial land located?
    The property is located at Magnolia Dr Lot 23 Cairo, GA.
    What is the asking price?
    The asking price for this property is $58,500.
    What are key features of this property?
    This property features: Located on the Tired Creek Golf Course; Overlooks the 9th Fairway; Last available lot on the golf course
    (229) 224-3239
    We can help!
    Listing Contact
    Charles Renaud
    Charles Renaud
    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
    Magnolia Dr, Lot 23, Cairo, GA 39828
    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!