Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Houston Lk Rd & Russell Pkwy Warner Robins, GA 31088

    • Land
    • 19.75 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Houston Lk Rd & Russell Pkwy

    Lot size
    19.75 lot acres
    Property type
    Land

    Description

    This exceptional 19.75-acre commercial land parcel presents a remarkable investment opportunity in Warner Robins, Georgia. Strategically located at the signalized intersection of South Houston Lake Road and Russell Parkway, this highly visible corner lot boasts an average daily traffic count of 30,900+ on South Houston Lake Road and 26,900+ on Russell Parkway (2022 GDOT data). Zoned C2 (General Commercial), the property allows for diverse development options, including retail, commercial ventures, a high-end professional office park, or an assisted-living facility. Its convenient location offers easy access to Interstate 75 (5 miles), Robins Air Force Base (6 miles), Houston Medical Center (4 miles), and local schools (within 2 miles). The property's proximity to shopping, dining, banking, and religious institutions further enhances its appeal. This exceptional site presents a unique chance to capitalize on a high-traffic location and a versatile zoning designation in a thriving community. The property may be combined with an adjacent 9.54-acre site for a total of 19.75 acres. Asking price is $2,200,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Warner Robins
    County
    Houston
    State
    Georgia
    Longitude
    -83.6681
    Latitude
    32.5925

    Comparable in this City

    • Value Estimation by Request
      0.86 Acres

      96 @ Lk Joy Rd

      Land • 0.86 Acres
      96 @ Lk Joy Rd, Warner Robins, GA 31088
      View Details
    • Value Estimation by Request
      0.68 Acres

      Carl Vinson Pkwy

      Land • 0.68 Acres
      0 Carl Vinson Pkwy, Warner Robins, GA 31088
      View Details
    • Value Estimation by Request
      12.43 Acres

      Carl Vinson Pkwy

      Land • 12.43 Acres
      0 Carl Vinson Pkwy, Warner Robins, GA 31088
      View Details
    • Value Estimation by Request

      Smithville Church Rd

      Land
      0 Smithville Church Rd, Warner Robins, GA 31088
      View Details
    • Value Estimation by Request
      17.19 Acres

      Houston Lake Rd

      Land • 17.19 Acres
      0 Houston Lake Rd, Warner Robins, GA 31088
      View Details
    • Value Estimation by Request
      3.18 Acres

      93 Hwy 247

      Land • 3.18 Acres
      93 Hwy 247, Bonaire, GA 31088
      View Details

    Similar Nearby for Sale

    • $1,084,500
      21.69 Acres

      Prime Warner Robins Land - 21.69 Acres

      Multifamily development opportunity near Russell Pkwy.
      117 Kimberly Rd, Warner Robins, GA 31088
      View Details
    • Contact for pricing
      1.01 Acres

      Walmart Outlot - Prime Location

      1.01-Acre Commercial Land, High Traffic
      502 Booth Rd, Warner Robins, GA 31088
      View Details
    • $495,000
      1.24 Acres

      Prime Warner Robins Commercial Lot

      1.24 Acres, Hwy 96 Access, Zoned C2
      5 Beaulah Church Rd, Warner Robins, GA 31088
      View Details
    • $900,000
      2.00 Acres

      Tharpe Road Commercial Land

      Prime 2-acre commercial lot in Warner Robins, GA
      2 Acres Tharpe Rd, Warner Robins, GA 31088
      View Details
    • Contact for pricing
      17.19 Acres

      Prime Commercial Land, Warner Robins

      17 Acres, High-Traffic Intersection, Georgia
      0 Houston Lake Rd, Warner Robins, GA 31088
      View Details
    • $1,750,000
      7.00 Acres

      Lakeview Commercial Land: 7 Acres

      Prime Warner Robins commercial land, ideal for development.
      0 Lakeview Rd, Warner Robins, GA 31088
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      11,000 SF

      Prime Warner Robins Office Building

      11,000 SF Office, 1 Acre Lot, GA
      201 Byrd Ct, Warner Robins, GA 31088
      View Details
    • $14 SF/Yr
      3,280 SF

      Prime Medical Office Space in Warner Robins

      3,280 SF Medical Office - Excellent Location
      124 Hospital Dr, Warner Robins, GA 31088
      View Details
    • $12 SF/Yr
      33,600 SF

      Smithville Church Road Medical Office

      Georgia medical office suites available
      225 Smithville Church Rd, Warner Robins, GA 31088
      View Details
    • $18 SF/Yr
      14,200 SF

      Parkway Crossing Office Space

      Class A Office Suites, Warner Robins, GA
      645 Tallulah Trl, Warner Robins, GA 31088
      View Details
    • $15 SF/Yr
      820 SF

      Office Suites for Lease

      Office suites available for lease with ample parking.
      2517 Moody Rd, Warner Robins, GA 31088
      View Details
    • $14 SF/Yr
      2,000 SF

      Medical Office Space Available

      2,000 SF medical office space for lease.
      150 Osigian Blvd, Warner Robins, GA 31088
      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.
    Houston Lk Rd & Russell Pkwy
    Warner Robins, GA 31088
    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.