Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    93.55 Acres Development Opportunity Title is generated by Realmo AI

    Miller Bottom Rd, Loganville, GA

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

    Large land parcel near Loganville and Conyers, Georgia.

    Type:LAND
    Lot size:
    93.55 Acres
    Added:
    Jan 4, 2024
    Days on Market:
    869
    Last Refresh:
    Apr 5 at 8:42 pm

    Property Features for Miller Bottom Rd

    General Information

    Standard status
    Active
    Lot size
    93.55 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    David Babatope
    David Babatope

    Listing agent David Babatope License #294337

    Listing office Southern Capital Brokers

    Listing date Jan 4, 2024

    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 Southern Capital Brokers

    HighLights

    • Large 93.55‑acre property with high visibility in Rockdale and Walton County.
    • Divided into four parcels, offering flexibility for various development options.
    • Conveniently located: just 10 minutes from downtown Loganville and 15 minutes from downtown Conyers.
    • Gentle topography suitable for building.
    • Accessible to water and sewer services.
    • Located at the intersection of Miller Bottom Road and S Sharon Church Road.

    Overview

    This 93.55-acre property is located at the intersection of Miller Bottom Road and S Sharon Church Road, offering visibility in Rockdale and Walton County. The land is divided into four parcels of 61.46 acres, 19 acres, 8.34 acres, and 4.75 acres. The property features gentle topography and accessibility to water and sewer services. It is located approximately 10 minutes from downtown Loganville and 15 minutes from downtown Conyers, presenting development opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Loganville
    County
    Walton
    State
    Georgia
    Longitude
    -83.9332
    Latitude
    33.7523

    Nearby Similar for Sale

    • $750,000
      2,208 SF

      Loganville Commercial Opportunity

      1.877 acres of C1-zoned land suitable for various commercial uses.
      3136 Langley Road, Loganville, GA 30052
      View Details
    • $375,000
      1,950 SF

      Renovated Office in Loganville, GA

      Fully renovated office space with flexible layout and prime location.
      131 Lee Byrd Road, Loganville, GA 30052
      View Details
    • $350,000

      Loganville Office For Sale

      Office space suitable for general business use in Loganville.
      3925 Harrison Road #400, Loganville, GA 30052
      View Details
    • $375,000
      1,950 SF

      Renovated Office in Loganville

      Turn-key office space with modern finishes and flexible layout.
      131 Lee Byrd Road, Loganville, GA 30052
      View Details
    • $2,200,000
      12,000 SF

      Loganville Office Building For Sale

      Freestanding 12,000 SF office building with 40 parking spaces.
      574 Conyers Road, Loganville, GA 30052
      View Details
    • $345,000

      Highway 138 Corner Lot

      3.783 acre corner lot suitable for development or investment.
      90 Kent Rock Road, Loganville, GA 30052
      View Details
    • $449,999

      Prime Commercial Land in Loganville

      3.6 acres with highway frontage, ideal for development.
      3180 HWY 78, Loganville, GA 30052
      View Details
    • $2,700,000

      Prime Commercial Land Opportunity

      6.01 acres in high-growth Gwinnett County corridor.
      2965 Loganville Highway, Loganville, GA 30052
      View Details
    • $679,000

      Loganville Land For Sale

      5.52 acre commercial land in high-traffic area.
      3825 Oak Grove Rd, Loganville, GA 30052
      View Details
    • $2,700,000

      Prime Commercial Land Opportunity

      6.01 acres on high-traffic corridor in Gwinnett County.
      2965 Loganville Highway, Loganville, GA 30052
      View Details
    • $1,400,000

      Loganville Land on Highway 78

      11+ acres on Hwy 78 with potential commercial/industrial use.
      3000 Highway 78, Loganville, GA 30052
      View Details
    • $1,058,400
      9,800 SF

      Loganville Commercial Property For Sale

      Commercial property in Loganville, GA, available for purchase.
      367 Athens Highway #2400, Loganville, GA 30052
      View Details

    FAQs

    What type of property is this?
    Land - Large land parcel near Loganville and Conyers, Georgia.
    Where is this land located?
    The property is located at Miller Bottom Rd Loganville, GA.
    What is the asking price?
    The asking price for this property is $1,895,000.
    What are key features of this property?
    This property features: Large 93.55‑acre property with high visibility in Rockdale and Walton County.; Divided into four parcels, offering flexibility for various development options.; Conveniently located: just 10 minutes from downtown Loganville and 15 minutes from downtown Conyers.
    (678) 886-3669 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing David Babatope
    David Babatope
    Real Estate License ID: 294337
    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
    Miller Bottom Rd, Loganville, 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!