Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    505 Main St Wrens, GA 30833
    Back to Search
    Property profile & analytics

    505 Main St, Wrens, GA 30833

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

    Current Use by Public Records

    • Family Dollar / Discount Store

    Property Details for 505 Main St

    Property type
    Land

    Description

    This exceptional 0.99-acre commercial land parcel presents a prime opportunity in Wrens, GA, within the Augusta MSA. Boasting high visibility on a major arterial road with an estimated 12,700 vehicles passing daily, this property offers unparalleled exposure for your business. Strategically located next to a brand-new Family Dollar store, this site benefits from established commercial activity and high traffic counts. The property features 204 feet of frontage and a 206-foot depth, providing ample space for development. Jefferson County's C-3 commercial zoning allows for a variety of uses. Infrastructure is readily available, with stormwater capacity already stubbed to the site, and water and sewer services adjacent. Monument signage is permitted, further enhancing visibility and branding opportunities. This versatile property is available for sale, ground lease, or build-to-suit arrangements, offering flexibility to meet diverse business needs. Don't miss this chance to secure a prominent location in a growing market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wrens
    County
    Jefferson
    State
    Georgia
    Longitude
    -82.3844
    Latitude
    33.2143

    Comparable in this City

    • Value Estimation by Request

      505 Main St

      Land
      505 Main St, Wrens, GA 30833
      View Details
    • Value Estimation by Request

      Ga-102

      Farms
      0 Ga-102, Wrens, GA 30833
      View Details
    • Value Estimation by Request
      7.71 Acres

      Old Stapleton Rd

      COMMERCIAL (GENERAL)
      Old Stapleton Rd, Wrens, GA 30833
      View Details
    • Value Estimation by Request
      1,216 SF

      1096 Farm Ln Rd

      COMMERCIAL (GENERAL)
      1096 Farm Ln Rd, Wrens, GA 30833-3798
      View Details
    • Value Estimation by Request
      1.00 Acre

      2420 Mosley Chapel Rd

      COMMERCIAL (GENERAL)
      2420 Mosley Chapel Rd, Wrens, GA 30833
      View Details
    • Value Estimation by Request
      1.00 Acre

      Old Quaker Rd

      COMMERCIAL (GENERAL)
      Old Quaker Rd, Wrens, GA 30833
      View Details

    Similar Nearby for Sale

    • $74,900
      11.35 Acres

      Jefferson County Land for Sale

      11.35 acres in Jefferson County near Wrens, Georgia.
      3979 Campground Rd, Wrens, GA 30833
      View Details
    • $40,000
      4.92 Acres

      Development-Ready Land in Wrens, Georgia

      27.58 acres of prime land for residential development.
      Kings Mill Rd, Wrens, GA 30833
      View Details
    • $700,000
      7.00 Acres

      Wrens, GA Commercial Land

      7 acre commercial land tract in Wrens, Georgia.
      Ga-88, Wrens, GA 30833
      View Details
    • $350,000
      7,307 SF

      Prime Wrens, GA Commercial Land

      High-traffic location, 4.25 acres, needs repair.
      14455 Us Highway 1, Wrens, GA 30833
      View Details
    • $64,000
      8.61 Acres

      Development-Ready Land in Wrens, Georgia

      27.58 acres divided into six lots for residential development.
      Kings Mill Rd, Wrens, GA 30833
      View Details
    • Contact for pricing
      Pending

      Residential Land in Wrens, GA

      Nearly half-acre lot in quiet neighborhood, Wrens, GA.
      103 Ohio St, Wrens, GA 30833
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land with High Visibility

      0.99 acre commercial land available for rent in Wrens.
      505 N Main St, Wrens, GA 30833
      View Details
    • $2,000 /Mo
      1,848 SF

      Renovated Retail/Office Space, Wrens

      Renovated commercial space in downtown Wrens with thriving foot traffic.
      208 Broad St, Wrens, GA 30833
      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.
    505 Main St
    Wrens, GA 30833
    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
    505 Main St, Wrens, GA, 30833
    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!