Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3221 Gordon Hwy Grovetown, GA 30813
    Back to Search
    Property profile & analytics

    3221 Gordon Hwy, Grovetown, GA 30813

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

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 3221 Gordon Hwy

    Year built
    1970
    Lot size
    31.01 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Description

    This exceptional 31.01-acre commercial land parcel in Grovetown, Georgia (APN: 0920001000), presents a unique investment opportunity. Located directly across from the new Gate 6 at Fort Gordon, this property benefits from the anticipated increased traffic and growth associated with this major access point. The Georgia Department of Transportation has approved a direct I-20 connection, further enhancing accessibility and visibility. Built in 1970, this multi-use tract is zoned for retail, commercial, or residential development, offering considerable flexibility for a variety of projects. The site's proximity to Fort Gordon and the planned expansion at Gate 6, expected to be fully operational soon, positions it for significant future appreciation. This is a rare chance to capitalize on the burgeoning growth in Richmond County, Georgia, near the 30813 zip code. The asking price is $6,900,000. This represents a compelling investment in a high-growth area with exceptional potential for long-term returns. The property's size and strategic location make it ideal for large-scale development projects. Don't miss this once-in-a-lifetime opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grovetown
    County
    Richmond
    State
    Georgia
    Longitude
    -82.1992
    Latitude
    33.4237

    Comparable in this City

    • Value Estimation by Request
      1.36 Acres

      Wrightsboro Rd

      Individual retail properties
      0 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • Value Estimation by Request
      1.03 Acres

      1 Acre Baker Pl Rd

      Retail properties & Spaces
      1 Acre Baker Pl Rd, Grovetown, GA 30813
      View Details
    • Value Estimation by Request
      1.89 Acres

      3597 John Huffman Way

      Land
      3597 John Huffman Way, Grovetown, GA 30813
      View Details
    • Value Estimation by Request
      16.00 Acres

      Columbia Rd

      Land
      0 Columbia Rd, Evans, GA 30813
      View Details
    • Value Estimation by Request
      2.99 Acres

      5245 Wrightsboro Rd

      Land
      5245 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • Value Estimation by Request
      5.60 Acres

      644 Old Belair Rd

      Land
      644 Old Belair Rd, Grovetown, GA 30813
      View Details

    Similar Nearby for Sale

    • $1,980,000
      120.00 Acres

      Grovetown, GA Development Land

      120 Acres, Residential Potential, Opportunity Zone
      0 Old Louisville Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Land For Sale Grovetown, GA

      Land available for sale in Grovetown, Georgia.
      4950 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • $375,000
      13.59 Acres

      13-Acre Grovetown Land Parcel

      13-acre Grovetown property with mature trees and scenic creeks.
      755 Louisville Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Raw Land with Utilities

      Raw land available with utilities in Grovetown, Georgia.
      516 E Robinson Ave, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Land For Sale Grovetown

      Land available for sale in Grovetown, Georgia.
      708 S Old Belair Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Land for Sale

      Land available for sale in Grovetown, Georgia.
      201 W Robinson Ave, Grovetown, GA 30813
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      New Retail Center in Grovetown

      Retail spaces available in high-traffic Grovetown location.
      5225 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Retail Strip Center in Grovetown

      Retail strip center with high visibility in Grovetown, Georgia.
      5106 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Grovetown Commercial Land For Rent

      1.06 AC commercial land with utilities in place.
      428 Lewiston Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing
      16,000 SF

      Retail Space on Wrightsboro Road

      16,000 SF retail space with loading dock available for rent.
      5107 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing
      1,360 SF

      Retail Space in Kroger Center

      Retail space available within a Kroger Marketplace shopping center.
      5156 Blue Grass Trl, Grovetown, GA 30813
      View Details
    • $17 SF/Yr

      New Flex Building in Grovetown

      Affordable flex space near I-20, suitable for retail, office, storage.
      987 Branch Ct, Grovetown, GA 30813
      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.
    3221 Gordon Hwy
    Grovetown, GA 30813
    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
    3221 Gordon Hwy, Grovetown, GA, 30813
    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!