Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Kings Bay Rd Waynesville, GA 31566

    Property Lookup

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

    Kings Bay Rd Waynesville, GA 31566

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

    Current Use by Public Records

    • Land

    Property Details for 0 Kings Bay Rd

    Lot size
    39.00 lot acres
    Property type
    Land

    Description

    This exceptional 39-acre property, located on Highway 259 in Brantley County, Georgia, presents a compelling investment opportunity. The land boasts significant merchantable timber, adding immediate value and potential for future income. Its strategic location offers paved road frontage and readily accessible power along the highway, simplifying development and construction. The soil quality is excellent, supporting a wide range of uses, including residential development, agricultural pursuits, or recreational activities. Imagine building your dream home, placing a mobile home, or creating a private, secluded retreat on this expansive land. The property's versatility is further enhanced by its convenient location within Brantley County, providing a balance between rural tranquility and proximity to nearby towns and amenities. The APN is B067 071, and the asking price is $194,415. This 39-acre parcel (Lot Size) is zoned for residential use and offers a unique blend of natural resources and development potential, making it an attractive proposition for discerning buyers. The property's address is Kings Bay Rd, Waynesville, GA 31566. Don't miss this chance to acquire a substantial and versatile piece of land in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waynesville
    County
    Brantley
    State
    Georgia
    Longitude
    -81.8507
    Latitude
    31.142

    Comparable in this City

    • Value Estimation by Request

      90 Hawks Lndg Dr

      Land
      90 Hawks Lndg Dr, Waynesville, GA, GA 31566
      View Details
    • Value Estimation by Request
      25.00 Acres

      Hwy 82nd E

      VACANT COMMERCIAL LAND • 25.00 Acres
      Hwy 82nd E, Waynesville, GA 31566
      View Details
    • Value Estimation by Request
      1.24 Acres

      Hwy 82nd E

      VACANT COMMERCIAL LAND • 1.24 Acres
      Hwy 82nd E, Waynesville, GA 31566
      View Details
    • Value Estimation by Request
      0.19 Acres

      Hwy 82nd E

      VACANT COMMERCIAL LAND • 0.19 Acres
      Hwy 82nd E, Waynesville, GA 31566
      View Details
    • Value Estimation by Request
      860 SF

      6643 Browntown Rd

      BARBER, HAIR SALON • 860 SF
      6643 Browntown Rd, Waynesville, GA 31566-3201
      View Details
    • Value Estimation by Request
      2,160 SF

      Waynesville Rd

      MINI-WAREHOUSE, STORAGE • 2,160 SF
      Waynesville Rd, Waynesville, GA 31566
      View Details

    Similar Nearby for Sale

    • $389,000
      280 SF

      Waynesville RV Park For Sale

      25-lot RV park on 4.41 acres near Jekyll Island.
      24531 Highway 82 E, Waynesville, GA 31566
      View Details
    • $519,000
      200.00 Acres

      200 Acres Recreational Timberland Tract

      200-acre recreational and timberland tract, ideal for outdoorsman or investor.
      Dogwood Rd, Waynesville, GA 31566
      View Details
    • Contact for pricing
      1.00 Acre

      One-Acre Wooded Homesite in Waynesville

      Private, level, wooded homesite near Brunswick and the Atlantic Ocean.
      1 Fox Ridge Way, Waynesville, GA 31566
      View Details
    • New
      $85,000
      Pending

      Cleared Residential Lot in Waynesville

      5.5 acre cleared lot ready to build with utilities.
      5351 Ga-110 Hwy E, Waynesville, GA 31566
      View Details
    • Contact for pricing
      1.01 Acres

      Waynesville, GA Acreage for Sale

      1.01-acre lot offers a peaceful starting point.
      18 Satilla Plantation, Waynesville, GA 31566
      View Details
    • $48,500
      3.40 Acres

      Satilla Riverfront Recreational Land

      3.4 acres of riverfront property on the Satilla River.
      82 Hwy, Waynesville, GA 31566
      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.
    Kings Bay Rd
    Waynesville, GA 31566
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!