Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1167 Old Thomasville Rd Cairo, GA 39827

    Property Lookup

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

    1167 Old Thomasville Rd Cairo, GA 39827

    View on Map
    • Residential income homes
    • 5.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential income homes

    Property Details for 1167 Old Thomasville Rd

    Year built
    2023
    Lot size
    5.00 lot acres
    Property type
    Residential income homes

    Description

    This exceptional 14-unit single-family rental portfolio presents a compelling investment opportunity in Cairo, Georgia. Situated on a spacious 5-acre lot at 1167 Old Thomasville Rd, Grady County, zip code 39827, this property boasts 10 buildings constructed in 2023. The portfolio comprises three duplex cabins, seven individual cabins, and one RV hookup, all currently leased, generating a substantial monthly income of $12,400. The property's high occupancy rate (100%) and existing waiting list underscore its strong rental demand. Further enhancing this turnkey investment, the sale includes a John Deere 2025 tractor/loader with rear attachments and a brand new (April 2024) Toro Zero Turn mower, valued at $20,000. Landscaping improvements, including new trees along the driveway, will be completed before closing. The property offers a 10% capitalization rate, making it an attractive addition to any real estate portfolio. This is a rare opportunity to acquire a fully operational, high-performing rental property with significant upside potential. The property is conveniently located on the outskirts of Cairo, offering easy access to nearby Thomasville. An on-site laundry facility adds further convenience for tenants. This turnkey investment is ready for immediate income generation.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cairo
    County
    Grady
    State
    Georgia
    Longitude
    -84.1192
    Latitude
    30.9039

    Comparable in this City

    • Value Estimation by Request
      1.74 Acres

      Cairo, GA 39827

      CHARITABLE ORGANIZATION • 1.74 Acres
      Cairo, GA 39827
      View Details
    • Value Estimation by Request
      3.49 Acres

      84 Ww Rd

      VACANT COMMERCIAL LAND • 3.49 Acres
      84 Ww Rd, Cairo, GA 39827
      View Details
    • Value Estimation by Request
      2,827 SF

      112 Hwy Hwy

      COMMERCIAL (GENERAL) • 2,827 SF
      112 Hwy Hwy, Cairo, GA 39827
      View Details
    • Value Estimation by Request
      266.35 Acres

      1741 Ga Highway 112

      Land • 266.35 Acres
      1741 Ga Highway 112, Cairo, GA 39827
      View Details
    • Value Estimation by Request
      0.73 Acres

      1258 Woodland Rd

      COMMERCIAL (GENERAL) • 0.73 Acres
      1258 Woodland Rd, Cairo, GA 39827-5513
      View Details
    • Value Estimation by Request
      0.05 Acres

      84 Ww Rd

      VACANT COMMERCIAL LAND • 0.05 Acres
      84 Ww Rd, Cairo, GA 39827
      View Details

    Similar Nearby for Sale

    • $449,900
      12.50 Acres

      Residential Land with Two Ponds

      12.5-acre tract with two ponds, suitable for residential development.
      333 Woodridge Ln, Cairo, GA 39827
      View Details
    • $275,000

      Land with Pond and Utilities

      Land parcel featuring a pond, utilities, and agricultural infrastructure.
      00 Wilcox Rd, Cairo, GA 39827
      View Details
    • $299,000
      Pending

      Grady County Land with Pines

      28 acres in Grady County with planted pines.
      2427 Pierce Chapel Rd, Cairo, GA 39827
      View Details
    • $149,900
      6.00 Acres

      6 Acre Residential Land

      Residential land for sale in Woodridge subdivision, Cairo, GA.
      322 Woodridge Ln, Cairo, GA 39827
      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.
    1167 Old Thomasville Rd
    Cairo, GA 39827
    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!