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

    104 Sandy Run Dr Hinesville, GA 31313

    • Outlet malls
    • 10,750 SF
    • 1.21 lot acres
    For Sale
    View listing
    $1,295,000
    Last Sale
    Mar 22, 2022
    $975,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-2127672
    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

    • Badcock Home Furniture &more / Home Goods Store / Children'S Furniture Store

    Property Details for 104 Sandy Run Dr

    Year built
    2000
    Lot size
    1.21 lot acres
    Property size
    10,750 SF
    Zone code
    C2
    Property type
    Outlet malls
    APN
    070A 036
    APU
    070A036

    Description

    This exceptional 12,600 square foot storefront property, located at 104 Sandy Run Drive in Hinesville, Georgia, presents a lucrative investment opportunity. Built in 2000, this single-building retail space sits on a 1.3-acre lot and boasts 21 parking spaces, ensuring ample customer convenience. The building features approximately 460 square feet of warehouse space, complete with a 10' x 10' drive-in door and 12' ceiling height, ideal for loading and storage. Constructed of concrete, the building offers durability and longevity. Previously occupied by Badcock Home & Furniture, this property benefits from 286 feet of frontage on Sandy Run Drive, a road with 3,400 vehicles passing daily, and is situated near Oglethorpe Highway, experiencing 33,300 vehicles per day, providing excellent visibility and accessibility. The C-2 General Commercial zoning allows for a variety of uses. Its location is surrounded by residential communities, ensuring a strong customer base. The asking price is $1,800,000. This property is ready for its next chapter and presents a compelling opportunity for a discerning investor. The zip code is 31313, and the property is located in Liberty County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $920,000
      ML approach
      $925,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,080,000
      Market price range: $523k - $1.61M
      AI Estimate
      $1,002,000
      Market price range: $345k - $1.65M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,140,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hinesville
    County
    Liberty
    State
    Georgia
    Longitude
    -81.5822
    Latitude
    31.8506
    CBSA code
    25980
    CBSA name
    HINESVILLE-FORT STEWART, 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
    $13,972
    $45,360
    $257,115
    $302,475
    -
    $113,399
    $642,787
    $756,186

    Comparable in this City

    • Value Estimation
      $250,000
      3,690 SF

      213 Deal St

      WHOLESALE OUTLET, DISCOUNT STORE • 3,690 SF
      213 Deal St, Hinesville, GA 31313-4206
      View Details
    • Value Estimation
      $280,000
      9,600 SF

      436 Elma G Miles Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 9,600 SF
      436 Elma G Miles Pkwy, Hinesville, GA 31313-4000
      View Details
    • Value Estimation
      $315,000
      7,500 SF

      1165 Ga Hwy 196th W

      WHOLESALE OUTLET, DISCOUNT STORE • 7,500 SF
      1165 Ga Hwy 196th W, Hinesville, GA 31313-8011
      View Details
    • Value Estimation
      $340,000
      11,129 SF

      501 General Screven Way

      WHOLESALE OUTLET, DISCOUNT STORE • 11,129 SF
      501 General Screven Way, Hinesville, GA 31313-3059
      View Details
    • Value Estimation
      $495,000
      205,730 SF

      751 Oglethorpe Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 205,730 SF
      751 Oglethorpe Hwy, Hinesville, GA 31313-4416
      View Details
    • Value Estimation
      $100,000
      3,336 SF

      244 Memorial Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 3,336 SF
      244 Memorial Dr, Hinesville, GA 31313-2547
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,100 SF

      Retail Spaces at Shoppes of Hinesville

      Three versatile lease spaces in Hinesville, near Fort Stewart.
      103 General Screven Way Way, Hinesville, GA 31313
      View Details
    • Contact for pricing
      400 SF

      Retail Space Near Fort Stewart

      400 SF retail space centrally located in Hinesville, Georgia.
      449A W General Screven Way, Hinesville, GA 31313
      View Details
    • $200,000

      Drive-Thru Liquor Store Business

      Established drive-thru liquor store business near Fort Stewart for sale.
      105 W Hendry St, Hinesville, GA 31313
      View Details
    • $629,900

      Commercial Property with Renovation Potential

      Commercial property in Hinesville, GA, with renovation and income potential.
      750 Elma G Miles Pkwy, Hinesville, GA 31313
      View Details
    • $420,000
      11,325 SF

      Hinesville Parking Lot Investment

      High-yield, NNN-leased parking lot.
      106 General Screven Way, Hinesville, GA 31313
      View Details
    • $1,300,000

      Hinesville Retail Investment Opportunity

      High-potential retail space in Hinesville, GA.
      767 Veterans Pkwy, Hinesville, GA 31313
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,000 SF

      Retail Space on General Screven

      Retail space available for rent on General Screven Way.
      104 W General Screven Way, Hinesville, GA 31313
      View Details
    • $18 SF/Yr
      63,308 SF

      Magnolia Oaks Village

      Restaurants • 63,308 SF
      2377 Ga-196, Hinesville, GA 31313
      View Details
    • Contact for pricing
      37,200 SF

      Hinesville Retail Space Available

      Retail property available for lease in Hinesville, Georgia.
      537 W Oglethorpe Hwy, Hinesville, GA 31313
      View Details
    • $1,550 /Mo

      Hinesville Apartment with Included Utilities

      Two-bedroom apartment with included utilities and amenities in Hinesville, GA.
      1474-1 Kelly Dr, Hinesville, GA 31313
      View Details
    • $40 SF/Yr
      130 SF

      Hinesville Executive Office Suite

      Prime Office Space, All Utilities Included
      1146 Elma G Miles Pkwy, Hinesville, GA 31313
      View Details
    • Contact for pricing
      56,628 SF

      Magnolia Oaks Village Outparcels

      Commercial Land: Prime Retail Location
      0 Hwy 196, Hinesville, GA 31313
      View Details
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    104 Sandy Run Dr
    Hinesville, GA 31313
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    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
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