Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    786 Strickland Rd Hinesville, GA 31313
    Back to Search
    Property profile & analytics

    786 Strickland Rd, Hinesville, GA 31313

    View on Map
    • Retail properties & Spaces
    • 0.31 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 786 Strickland Rd

    Year built
    1985
    Lot size
    0.31 lot acres
    Property type
    Retail properties & Spaces

    Description

    This exceptional 0.31-acre commercial lot at 786 Strickland Road, Hinesville, Georgia, presents a unique investment opportunity in a rapidly expanding area. Currently improved with an established salon generating monthly income, this property offers flexibility for savvy investors. The "SOLD AS IS" condition allows for creative redevelopment options

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hinesville
    County
    Liberty
    State
    Georgia
    Longitude
    -81.6178
    Latitude
    31.8283

    Comparable in this City

    • Value Estimation by Request
      63,308 SF

      2377 Ga-196

      Restaurants
      2377 Ga-196, Hinesville, GA 31313
      View Details
    • Value Estimation by Request
      2.20 Acres

      1008 Oglethorpe Hwy

      Retail properties & Spaces
      1008 Oglethorpe Hwy, Hinesville, GA 31313
      View Details
    • Value Estimation by Request
      6,300 SF

      000 Monthly

      Restaurants
      000 Monthly, Hinesville, GA 31313
      View Details
    • Value Estimation by Request
      2,179 SF

      101 Main St

      RETAIL STORES (PERSONAL SERVICES)
      101 Main St, Hinesville, GA 31313-3217
      View Details
    • Value Estimation by Request
      1,800 SF

      4042 Oglethorpe Hwy

      AUTO REPAIR, GARAGE
      4042 Oglethorpe Hwy, Hinesville, GA 31313-1429
      View Details
    • Value Estimation
      $14,090,000
      205,730 SF

      751 Oglethorpe Hwy

      WHOLESALE OUTLET, DISCOUNT STORE
      751 Oglethorpe Hwy, Hinesville, GA 31313-4416
      View Details

    Similar Nearby for Sale

    • $1,300,000

      Hinesville Retail Investment Opportunity

      High-potential retail space in Hinesville, GA.
      767 Veterans Pkwy, Hinesville, GA 31313
      View Details
    • Contact for pricing
      2,204 SF

      Hinesville Commercial Parcel on US-84

      Commercial parcel in Hinesville with redevelopment potential and highway frontage.
      1780 Oglethorpe Hwy, Hinesville, GA 31313
      View Details
    • $850,000
      Pending

      Hinesville Commercial Property For Sale

      Commercial property with high traffic volume and former restaurant infrastructure.
      730 E Oglethorpe Hwy, Hinesville, GA 31313
      View Details
    • $850,000
      Pending

      Hinesville Commercial Opportunity For Sale

      Prime commercial location in Hinesville with high traffic volume.
      730 E Oglethorpe Hwy, Hinesville, GA 31313
      View Details
    • Contact for pricing
      3,562 SF

      Hinesville Land For Retail Development

      Prime land in Hinesville's Overlay District, ideal for retail.
      139 West Oglethorpe Hwy, Hinesville, GA 31313
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Hinesville Retail Space Available

      Retail property available for lease in Hinesville, Georgia.
      537 W Oglethorpe Hwy, Hinesville, GA 31313
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space on General Screven

      Retail space available for rent on General Screven Way.
      104 W General Screven Way, Hinesville, GA 31313
      View Details
    • Contact for pricing

      Retail Space at Main Street

      Retail space available at the corner of General Screven Way.
      104 General Screven Way, Hinesville, GA 31313
      View Details
    • New
      $3,600 /Mo
      87,120 SF

      Commercial Land with Frontage

      Commercial property for lease with frontage and parking.
      5742 N Coastal Hwy, Fleming, GA 31313
      View Details
    • Contact for pricing

      Restaurant Space Near Kroger

      Outparcel to Kroger with high traffic and ample parking.
      543 W Oglethorpe Hwy, Hinesville, GA 31313
      View Details
    • Contact for pricing

      Commercial Land For Lease

      Commercial land available for lease in Hinesville, Georgia.
      Hwy 196, Hinesville, GA 31313
      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.
    786 Strickland Rd
    Hinesville, GA 31313
    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
    786 Strickland Rd, Hinesville, GA, 31313
    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!