Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lot in Waynesboro, GA Title is generated by Realmo AI

    Railroad Avenue, Waynesboro, GA 30830

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Waynesboro, GA

    Lot size:
    0.48 Acres
    Added:
    Oct 6, 2025
    Days on Market:
    230
    Last Refresh:
    May 23 at 7:06 pm

    Property Features for Railroad Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.48 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Erin Owens

    Listing agent Erin Owens License #447825

    Listing office Summer House Realty 2735 Washington Rd, Augusta, GA

    Listing date Oct 6, 2025

    MLS# 98225127 Listing URL

    Copyright © 2026 Hive 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

    • Large .48 acre residential lot provides ample space.
    • Convenient location on Railroad Avenue in Waynesboro, GA.
    • Ideal for new construction.
    • Public water source available.
    • Public sewer available.
    • Priced to sell, offering a great opportunity.

    Overview

    This residential lot, located on Railroad Avenue in Waynesboro, Georgia, offers 0.48 acres of space. The property is suitable for new construction. The buyer is advised to verify the exact lot size, boundaries, zoning regulations, and any potential easements or encroachments through a professional survey. The property is located in Burke County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Waynesboro
    County
    Burke
    State
    Georgia
    Longitude
    -82.01359
    Latitude
    33.095588

    Nearby Similar for Sale

    • $431,500

      56-Acre Land Tract in Waynesboro

      Unique 56-acre property with diverse habitats and recreational potential.
      Ponderosa Road lot: 2Bu, Waynesboro, GA 30830
      View Details
    • $155,000

      10 Acres Near Waynesboro

      10-acre wooded land parcel near Waynesboro city limits.
      Herndon Road, Waynesboro, GA 30830
      View Details
    • $684,900
      24,359 SF

      Downtown Waynesboro Multi-Use Property

      Iconic mixed-use property with retail, residential loft, and warehouse space.
      114 W 6th Street, Waynesboro, GA 30830
      View Details
    • $147,000

      Commercial Land in Waynesboro, GA

      3.01 acres of commercial property in downtown Waynesboro.
      417 E 7th Street, Waynesboro, GA 30830
      View Details
    • $40,000

      Land Near Plant Vogtle

      Land with easy access near Plant Vogtle in Waynesboro.
      01 River Road lot: 0, Waynesboro, GA 30830
      View Details
    • $35,500

      Waynesboro Residential Acreage For Sale

      5.29-acre residential land with road access in Waynesboro, GA.
      Webster Road, Waynesboro, GA 30830
      View Details
    • $55,000

      Waterfront Land in Gated Community

      0.62-acre riverfront lot with community amenities in Waynesboro, GA.
      255 Rivers Run, Waynesboro, GA 30830
      View Details
    • $45,000

      Wooded Land in Burke County

      5 acres of wooded land near Waynesboro, Georgia.
      Marie Vann Road lot: 11, Waynesboro, GA 30830
      View Details
    • $30,000

      Vacant Lot in Waynesboro, GA

      Vacant commercial land for sale in Waynesboro, Georgia.
      717 Dowell Avenue, Waynesboro, GA 30830
      View Details
    • $35,000

      Waynesboro, GA Land For Sale

      0.3 acre commercial land available in Waynesboro, Georgia.
      810 Cedar Drive, Waynesboro, GA 30830
      View Details
    • $49,000

      Savannah Riverfront Lot in Montville

      0.64-acre riverfront lot with Savannah River access.
      159 Rivers Run, Waynesboro, GA 30830
      View Details
    • $7,000

      Waynesboro, GA Land For Sale

      Commercial land available in Waynesboro, Georgia.
      E 7th Street, Waynesboro, GA 30830
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot for new construction in Waynesboro, Georgia.
    Where is this residential land & home lot located?
    The property is located at Railroad Avenue Waynesboro, GA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Large .48 acre residential lot provides ample space.; Convenient location on Railroad Avenue in Waynesboro, GA.; Ideal for new construction.
    (706) 551-1400
    We can help!
    Listing Contact
    Erin Owens
    Real Estate License ID: 447825
    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
    Railroad Avenue, Waynesboro, GA 30830
    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!