Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    5229 Rockmart Hwy Silver Creek, GA 30173

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5229 Rockmart Hwy Silver Creek, GA 30173

    View on Map
    • Land
    • 984.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 5229 Rockmart Hwy

    Lot size
    984.00 lot acres
    Property type
    Land

    Description

    This exceptional 984-acre commercial land parcel in Floyd County, Georgia, presents a unique investment opportunity. Located at 5229 Rockmart Highway, Silver Creek, GA 30173, this expansive property boasts approximately 4224 feet of frontage along the highway, offering significant visibility and accessibility. The land is comprised of approximately 658 acres of wooded land and 326 acres of open pasture, providing versatility for various development projects. The gently rolling topography makes it ideal for a range of uses. The property's strategic location is just south of the new bypass, enhancing its connectivity and appeal. All acreage measurements are approximate and based on public records. Please note that the property includes a power line easement and a pipeline easement. Any purchase agreement will require the buyer to maintain the property's current tax CUVA designation until its expiration. This is a rare opportunity to acquire a large-scale commercial tract in a desirable location with significant development potential. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Silver Creek
    County
    Floyd
    State
    Georgia
    Longitude
    -85.1401
    Latitude
    34.1469

    Comparable in this City

    • Value Estimation by Request
      1.06 Acres

      Ramblewood Dr

      Land • 1.06 Acres
      0 Ramblewood Dr, Silver Creek, GA 30173
      View Details
    • Value Estimation by Request
      0.38 Acres

      Zona Kay Cir

      Land • 0.38 Acres
      0 Zona Kay Cir, Silver Creek, GA 30173
      View Details
    • Value Estimation by Request
      163.52 Acres

      Harmony Rd

      Land • 163.52 Acres
      0 Harmony Rd, Silver Creek, GA 30173
      View Details
    • Value Estimation by Request
      1.28 Acres

      Rockmart Rd

      Land • 1.28 Acres
      0 Rockmart Rd, Silver Creek, GA 30173
      View Details
    • Value Estimation by Request
      1.00 Acre

      Rockmart Hwy

      COMMERCIAL (GENERAL) • 1.00 Acre
      Rockmart Hwy, Silver Creek, GA 30173
      View Details
    • Value Estimation by Request
      4,150 SF

      4490 Rockmart SE Rd

      COMMERCIAL (GENERAL) • 4,150 SF
      4490 Rockmart SE Rd, Silver Creek, GA 30173-2440
      View Details

    Similar Nearby for Sale

    • $225,000
      20.00 Acres

      20 Acres Land in Silver Creek

      20 acre property perfect for homestead or custom homes.
      277 Bethel Church Rd SE, Silver Creek, GA 30173
      View Details
    • $45,000
      0.92 Acres

      Cleared Acre in Silver Creek

      Ready-to-build land near Silver Creek with established grass.
      113 Miami Dr SE, Silver Creek, GA 30173
      View Details
    • $225,000
      20.00 Acres

      20 Acres in Silver Creek

      20 acre property perfect for homestead or custom homes.
      277 Bethel Church Rd SE, Silver Creek, GA 30173
      View Details
    • $100,000
      3.88 Acres

      Silver Creek Acreage: Build Ready

      3.88-acre partially wooded lot with septic tank in place.
      169 Jack St SE, Silver Creek, GA 30173
      View Details
    • $100,000
      1.28 Acres

      Commercial Corner Lot in Silver Creek

      High-visibility corner lot with development potential in Silver Creek, GA.
      Rockmart Rd, Silver Creek, GA 30173
      View Details
    • $100,000
      3.88 Acres

      Silver Creek Residential Land Opportunity

      3.88-acre partially wooded lot with septic tank in place.
      169 Jack St SE, Silver Creek, GA 30173
      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.
    5229 Rockmart Hwy
    Silver Creek, GA 30173
    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

    5229 Rockmart Hwy, Silver Creek, GA, 30173

    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!