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    Property profile & analytics

    105 Collier Church Rd Comer, GA 30629

    • Commercial real estate
    • 13,348 SF
    • 7.35 lot acres
    For Sale
    View listing
    $595,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-3246126
    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

    • Commercial real estate

    Property Details for 105 Collier Church Rd

    Year built
    1965
    Lot size
    7.35 lot acres
    Property size
    13,348 SF
    Property type
    Commercial real estate

    Description

    This exceptional 7.35-acre property in Comer, Georgia, presents a unique blend of rural tranquility and modern amenities. The beautifully renovated 5-bedroom, 4-bathroom farmhouse boasts a modern kitchen with stainless steel appliances and reclaimed hardwood countertops, and spacious bedrooms with walk-in closets. Tastefully updated bathrooms feature contemporary finishes. The home also includes a new HVAC system and a metal roof. The property features a fenced 7.35-acre lot, a private in-ground pool with a new filter and motor, and a large covered area perfect for parking or entertaining. Nine oversized outbuildings, all wired for electricity, provide ample space for workshops, storage, or business ventures. These structures include a 48x50 shop, several lean-tos, and multiple storage buildings. A strong drilled well ensures reliable water supply. The property is conveniently located on a paved road, just 17 miles from Athens, Georgia, and five minutes from the village of Comer, offering easy access to amenities and services. The front acreage is enhanced by a picturesque pecan grove. The flat, open land is ideal for various outdoor activities. Watson Mill State Park, with its historic covered bridge and trails, is only five miles away. Recent upgrades include new kitchen and bathroom fixtures, new flooring throughout, and new window treatments. This property offers an unparalleled opportunity for those seeking a spacious, versatile estate in a peaceful, yet accessible location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Comer
    County
    Oglethorpe
    State
    Georgia
    Longitude
    -83.13384
    Latitude
    34.01738

    Comparable in this City

    • $1,395,000
      2,084 SF

      Riverfront Cattle and Equestrian Estate

      Self-sustaining 50.5-acre farm near Athens with river frontage.
      600 Piney Grove Rd, Comer, GA 30629
      View Details
    • $80,000
      5.00 Acres

      Unrestricted 5-Acre Wooded Lot

      5-acre wooded lot in Madison County, Georgia, ideal for residential use.
      Osley Mill Rd, Comer, GA 30629
      View Details
    • New
      $825,000
      63.28 Acres

      Prime Hunting Land Near Athens

      63-acre Madison County property with mature pines and hardwoods.
      2285 Cherokee Rd, Comer, GA 30629
      View Details
    • $117,500
      Pending

      Farmland Oasis in Comer, Georgia

      9.41 acres of farmland with easy access to highways.
      Lowe Rd, Comer, GA 30629
      View Details

    Similar Nearby for Sale

    • $1,395,000
      2,084 SF

      Riverfront Cattle and Equestrian Estate

      Self-sustaining 50.5-acre farm near Athens with river frontage.
      600 Piney Grove Rd, Comer, GA 30629
      View Details
    • $80,000
      5.00 Acres

      Unrestricted 5-Acre Wooded Lot

      5-acre wooded lot in Madison County, Georgia, ideal for residential use.
      Osley Mill Rd, Comer, GA 30629
      View Details
    • New
      $825,000
      63.28 Acres

      Prime Hunting Land Near Athens

      63-acre Madison County property with mature pines and hardwoods.
      2285 Cherokee Rd, Comer, GA 30629
      View Details
    • $117,500
      Pending

      Farmland Oasis in Comer, Georgia

      9.41 acres of farmland with easy access to highways.
      Lowe Rd, Comer, GA 30629
      View Details
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    105 Collier Church Rd
    Comer, GA 30629
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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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