Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    Oglethorpe Hwy Hinesville, GA 31320

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

    Current Use by Public Records

    • Land

    Property Details for 0 Oglethorpe Hwy

    Lot size
    4.12 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 4.12-acre property in Midway, Georgia, presents a compelling investment opportunity. Located on Oglethorpe Highway, it boasts 362 feet of highway frontage, providing excellent visibility and accessibility. Currently zoned A1/AR1, the property offers significant potential for commercial rezoning, subject to county approval and the submission of a suitable use and site plan. Its strategic location less than two miles from GA Highway 196 and minutes from Hinesville, GA, makes it ideally situated for a variety of commercial ventures. The parcel's size and highway frontage make it suitable for various development options, from retail to light industrial uses. The property's location offers easy access to major transportation routes, enhancing its appeal to potential businesses. Detailed zoning information and rezoning possibilities should be verified independently with Liberty County. The APN is 140 011. This is a rare opportunity to acquire a sizable tract of land with high commercial potential in a rapidly growing area. Serious inquiries only.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hinesville
    County
    Liberty
    State
    Georgia
    Longitude
    -81.4923
    Latitude
    31.8093

    Comparable in this City

    • Value Estimation by Request
      250.00 Acres

      250 Acres Liberty County

      Land • 250.00 Acres
      250 Acres Liberty County, Midway, GA 31320
      View Details
    • Value Estimation by Request
      5.50 Acres

      Bill Carter Rd

      Land • 5.50 Acres
      0 Bill Carter Rd, Midway, GA 31320
      View Details
    • Value Estimation by Request
      9.37 Acres

      249 Brigantine Dunmore Rd

      Land • 9.37 Acres
      249 Brigantine Dunmore Rd, Midway, GA 31320
      View Details
    • Value Estimation by Request
      14.92 Acres

      1 Habersham Rd

      Land • 14.92 Acres
      1 Habersham Rd, Midway, GA 31320
      View Details
    • Value Estimation by Request
      1.56 Acres

      Coastal Hwy

      Land • 1.56 Acres
      0 Coastal Hwy, Riceboro, GA 31320
      View Details
    • Value Estimation by Request
      2.00 Acres

      13220 Oglethorpe Hwy

      Land • 2.00 Acres
      13220 Oglethorpe Hwy, Midway, GA 31320
      View Details

    Similar Nearby for Sale

    • $649,900
      5.54 Acres

      Midway Commercial Land - Hwy Access

      5.54 Acres, High Traffic, Prime Location
      334 Isaac Stevens Rd, Midway, GA 31320
      View Details
    • $199,900
      1.56 Acres

      Midway Commercial Land - 1.56 Acres

      Prime Commercial Lot, High Visibility, Growth Area
      0 Coastal Hwy, Riceboro, GA 31320
      View Details
    • Contact for pricing
      139.60 Acres

      Midway, GA Industrial Land - 139 Acres

      Prime Industrial Land Near I-95 & Savannah Ports
      0 Ml Coffer Ct, Midway, GA 31320
      View Details
    • $522,000
      2.76 Acres

      Midway, GA Commercial Land

      2.76 acres, Retail Zoning, I-95 proximity
      0 Oglethorpe Hwy, Midway, GA 31320
      View Details
    • $115,000
      0.41 Acres

      Marshfront Lot in Midway, GA

      0.41-acre marshfront lot in Midway, GA, ready to build.
      Oak Island Dr, Midway, GA 31320
      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.
    Oglethorpe Hwy
    Hinesville, GA 31320
    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.