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    51 Old Farm Rd Jefferson, GA 30549

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    51 Old Farm Rd Jefferson, GA 30549

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    • Retail properties & Spaces
    • 9.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 51 Old Farm Rd

    Lot size
    9.00 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional opportunity presents multiple retail outparcels available for build-to-suit (BTS) or ground lease in thriving Jefferson, GA. Located directly adjacent to a newly developed Publix and Chick-fil-A, this prime location boasts exceptional visibility and accessibility. The property offers a total of nine acres of land, divisible into parcels ranging from one to three acres, accommodating various development needs. Ten individual suites are available within the development. The site benefits from direct access to Highway 129, a major thoroughfare with a high daily traffic volume of 26,700 vehicles. This strategic location is further enhanced by the proximity to a high-performing Kroger supermarket, consistently ranking within the top 25% nationally and statewide in sales performance, indicating a strong and affluent local market. The property is zoned commercial and classified as Class A, reflecting its superior quality and location. This is an ideal opportunity for businesses seeking high-visibility locations in a rapidly growing area with strong anchor tenants and significant consumer traffic. The flexible parcel sizes and build-to-suit options allow for customization to meet specific business requirements. This development offers a unique chance to establish a presence in a vibrant and successful retail environment. The property is situated in Jackson County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jefferson
    County
    Jackson
    State
    Georgia
    Longitude
    -83.571
    Latitude
    34.0964

    Comparable in this City

    • Value Estimation by Request
      1,536 SF

      5429 Us-129

      Restaurants • 1,536 SF
      5429 Us-129, Jefferson, GA 30549
      View Details
    • Value Estimation by Request
      11.00 Acres

      Jefferson Ga

      Land • 11.00 Acres
      0 Jefferson Ga, Jefferson, GA 30549
      View Details
    • Value Estimation by Request
      4,032 SF

      4932 Hwy 129th N

      RESTAURANT • 4,032 SF
      4932 Hwy 129th N, Jefferson, GA 30549-1670
      View Details
    • Value Estimation
      $1,945,000
      3,056 SF

      1700 Old Pendergrass Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,056 SF
      1700 Old Pendergrass Rd, Jefferson, GA 30549-2728
      View Details
    • Value Estimation by Request
      2,256 SF

      4894 Hwy 129th N

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,256 SF
      4894 Hwy 129th N, Jefferson, GA 30549-2513
      View Details
    • Value Estimation by Request
      1,621 SF

      4897 Hwy 129th N

      RESTAURANT • 1,621 SF
      4897 Hwy 129th N, Jefferson, GA 30549-2591
      View Details

    Similar Nearby for Sale

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      10,032 SF

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    • $86,500

      City Lot Near Downtown Jefferson

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    • $1,490,000
      10.00 Acres

      10 Acres on U.S. Route 129

      10 acres of agricultural land with road frontage.
      4 W Farm Rd, Jefferson, GA 30549
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    • $240,180
      8.01 Acres

      Jefferson, GA: 8-Acre Lot

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    Similar Nearby for Lease

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      Jefferson Office/Warehouse Space Available

      Single-tenant office/warehouse with renovation planned for May 2025.
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      Industrial Land Build-to-Suit Opportunity

      First generation industrial buildings with build-to-suit opportunities under construction.
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      8,580 SF

      Jefferson Office/Warehouse with Renovation

      Single-tenant office/warehouse with renovation planned for May 2025.
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      14,400 SF

      Jefferson Warehouse with Flexible Use

      14,400 sq ft building suitable for industrial, commercial, retail.
      75 Storey St, Jefferson, GA 30549
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    • Contact for pricing

      5 Acres Commercial Land Available

      5 acres of commercial land for lease or build-to-suit.
      330 Horace Head Rd, Jefferson, GA 30549
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    • $3,500 /Mo
      19,166 SF

      Historic Home with Commercial Potential

      Charming 1900s home on .44 acre lot for rent.
      27 Sycamore St, Jefferson, GA 30549
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    51 Old Farm Rd
    Jefferson, GA 30549
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    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
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    51 Old Farm Rd, Jefferson, GA, 30549

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