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
    Back to Search
    Property profile & analytics

    1031 Hanover Dr Madison, GA 30650-4605

    • Office buildings
    • 3,500 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $180,000
    Last Sale
    Dec 27, 2021
    $200,000
    Location Intelligence
    Property ID
    US22-3670854
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Oconee Chimney Company / Chimney Sweep
    • Rhoades Quality Upholstery / Upholstery Shop

    Property Details for 1031 Hanover Dr

    Year built
    1998
    Construction
    STEEL FRAME
    Lot size
    0.41 lot acres
    Property size
    3,500 SF
    Zone code
    29
    Property type
    Office buildings
    APN
    M13 015
    APU
    M13015

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $190,000

    • CAP approach

      CAP return
      Estimation
      6%
      $155,000
      6.5%
      $140,000
      7%
      $165,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $160,000
      Geo Method
      $155,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $165,000
      Retail
      $175,000
      Mixed-Use
      $135,000
      Hospitality
      $150,000
      Educational
      $140,000
      Residential Income
      $185,000
      Energy
      $180,000
      Income-Based Land
      $165,000
      Food Service
      $135,000

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Morgan
    State
    Georgia
    Longitude
    -83.4852
    Latitude
    33.5824
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,207
    $16,000
    $60,286
    $76,286
    -
    $40,000
    $150,714
    $190,714

    Comparable in this City

    • Value Estimation by Request
      1,673 SF

      1331 Atlanta Hwy

      OFFICE BUILDING • 1,673 SF
      1331 Atlanta Hwy, Madison, GA 30650-2069
      View Details
    • Value Estimation by Request
      754 SF

      201 Jefferson St

      OFFICE BUILDING • 754 SF
      201 Jefferson St, Madison, GA 30650-6023
      View Details
    • Value Estimation by Request
      800 SF

      234 Washington St

      OFFICE BUILDING • 800 SF
      234 Washington St, Madison, GA 30650-1210
      View Details
    • Value Estimation
      $60,000
      1,014 SF

      137 1st St

      OFFICE BUILDING • 1,014 SF
      137 1st St, Madison, GA 30650
      View Details
    • Value Estimation
      $200,000
      2,800 SF

      1570 Bethany Rd

      OFFICE BUILDING • 2,800 SF
      1570 Bethany Rd, Madison, GA 30650-4700
      View Details
    • Value Estimation
      $420,000
      2,000 SF

      1180 Commerce Dr

      OFFICE BUILDING • 2,000 SF
      1180 Commerce Dr, Madison, GA 30650-4948
      View Details

    Similar Nearby for Sale

    • $500,000
      0.07 Acres

      Madison Commercial Investment Opportunity

      Turnkey commercial property with long-term tenants and strong cap rate.
      2151 Eatonton Rd, Madison, GA 30650
      View Details
    • $367,500
      1.53 Acres

      Madison Warehouse Lot - I-20 Access

      Prime 1.5-acre warehouse lot near I-20.
      10 Commerce Dr, Madison, GA 30650
      View Details
    • $472,500
      2.32 Acres

      Madison GA Warehouse Lot - $472,500

      Prime I-20 location, ready-to-build warehouse lot.
      0 Commerce Dr, Madison, GA 30650
      View Details
    • Contact for pricing
      165,803 SF

      Madison Industrial Facility with Rail

      165,803 SF industrial building with rail access for sale.
      1330 Atlanta Hwy, Madison, GA 30650
      View Details
    • $414,750
      2.97 Acres

      Madison Industrial Lot - Prime Location

      2.97-acre lot, I-20 access, utilities available.
      1091 Commerce Dr, Madison, GA 30650
      View Details
    • $46,000
      2.06 Acres

      Land for Dream Home

      2.06 acres to build your dream home in Madison, GA.
      Turner Rd, Madison, GA 30650
      View Details

    Similar Nearby for Lease

    • $750 /Mo
      1,198,336 SF

      Office Suites in Madison, GA

      Cost-effective office solutions for professionals and small businesses.
      1140 Monticello Hwy, Madison, GA 30650
      View Details
    • $1,650 /Mo
      1,080 SF

      Madison Office Suite For Rent

      Office suite near I-20 with flexible layout.
      2151 Eatonton Rd, Madison, GA 30650
      View Details
    • $100 SF/Yr
      871 SF

      Flexible Workspace in Madison, Georgia

      Dynamic coworking space fostering collaboration and growth for professionals.
      207 W Jefferson St, Madison, GA 30650
      View Details
    • $1,985 /Mo
      1,512 SF

      Move-in Ready Office Space

      Office space available for rent in Madison, Georgia.
      2151 Eatonton Rd Unit, Madison, GA 30650
      View Details
    • $13 SF/Yr
      6,000 SF

      Madison GA Warehouse For Lease

      New 6,000 SF Warehouse, Climate Controlled
      1200 Commerce Dr, Madison, GA 30650
      View Details
    • $7 SF/Yr
      13,813 SF

      Former Retail Building Near I-20

      Former Rite Aid building near Chick-Fil-A, Walmart, and I-20.
      1770 Eatonton Rd, Madison, GA 30650
      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.
    1031 Hanover Dr
    Madison, GA 30650-4605
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.