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    1359 Old Louisville Rd Grovetown, GA 30813
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    Property profile & analytics

    1359 Old Louisville Rd Grovetown, GA 30813

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    • Residential income homes
    Off-Market
    Property ID
    US22-1339163
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential income homes

    Property Details for 1359 Old Louisville Rd

    Property type
    Residential income homes

    Description

    This exceptional investment opportunity presents a three-unit single-family rental portfolio located at 1359 Old Louisville Road, Grovetown, Georgia, 30813. The property is priced at $225,000 and offers a compelling return on investment. Situated in Columbia County, this portfolio provides immediate cash flow potential for savvy investors. The precise configuration of the units is not specified, but the portfolio is classified as a single-family rental portfolio, suggesting multiple individual residential units on a single property. The property's address is clearly identified as 1359 Old Louisville Road, providing easy access for potential buyers to conduct due diligence and assess the property's location and surrounding neighborhood. Given its classification as a "Special Purpose" property, further investigation into the specific characteristics and potential uses of the individual units is recommended. The property's geographic coordinates are 33.4186439 latitude and -82.2546163 longitude, allowing for precise location verification and mapping. This turnkey investment is ideal for those seeking a stable and profitable addition to their real estate portfolio. The asking price represents a significant opportunity in the current market. Further details regarding the individual units, lease agreements, and financial performance are available upon request. This property is being sold as-is.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Grovetown
    County
    Columbia
    State
    Georgia
    Longitude
    -82.2546163
    Latitude
    33.4186439

    Comparable in this City

    • $1,500,000
      5.78 Acres

      5.78 Acres in Grovetown, GA

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      1140 Dodge Ln, Grovetown, GA 30813
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    • New
      $265,000
      2,372 SF

      Fully Occupied Triplex Investment Opportunity

      Income-producing triplex near Fort Gordon in Columbia County.
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    • $1,980,000
      120.00 Acres

      Grovetown, GA Development Land

      120 Acres, Residential Potential, Opportunity Zone
      0 Old Louisville Rd, Grovetown, GA 30813
      View Details
    • $349,900
      Pending

      Grovetown Multi-Family Investment Opportunity

      Well-maintained duplex near I-20, ideal for rental portfolio expansion.
      4001-4003 Greenbriar Dr, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Commercial Land in Growing Area

      1.76 acre commercial land with utilities in Grovetown, GA.
      00 John Huffman Way, Grovetown, GA 30813
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    Similar Nearby for Sale

    • $1,500,000
      5.78 Acres

      5.78 Acres in Grovetown, GA

      5.78 acres with income-producing properties and development potential.
      1140 Dodge Ln, Grovetown, GA 30813
      View Details
    • $1,980,000
      120.00 Acres

      Grovetown, GA Development Land

      120 Acres, Residential Potential, Opportunity Zone
      0 Old Louisville Rd, Grovetown, GA 30813
      View Details
    • $349,900
      Pending

      Grovetown Multi-Family Investment Opportunity

      Well-maintained duplex near I-20, ideal for rental portfolio expansion.
      4001-4003 Greenbriar Dr, Grovetown, GA 30813
      View Details
    • New
      $265,000
      2,372 SF

      Fully Occupied Triplex Investment Opportunity

      Income-producing triplex near Fort Gordon in Columbia County.
      517 E Robinson Ave, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Commercial Land in Growing Area

      1.76 acre commercial land with utilities in Grovetown, GA.
      00 John Huffman Way, Grovetown, GA 30813
      View Details

    Similar Nearby for Lease

    • $432 /Mo

      Office Suites For Rent

      Two individual office suites available for rent, utilities included.
      5025 Parham Rd, Grovetown, GA 30813
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      1,360 SF

      Retail Space in Kroger Center

      Retail space available within a Kroger Marketplace shopping center.
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      16,000 SF

      Retail Space on Wrightsboro Road

      16,000 SF retail space with loading dock available for rent.
      5107 Wrightsboro Rd, Grovetown, GA 30813
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    • $17 SF/Yr

      New Flex Building in Grovetown

      Affordable flex space near I-20, suitable for retail, office, storage.
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      1,500 SF

      Retail Space Near Interstate 20

      Retail space adjacent to established businesses, near Interstate 20.
      417 Lewiston Rd, Grovetown, GA 30813
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    • Contact for pricing
      1,000 SF

      Retail Space Near Residential Development

      Retail space suitable for various businesses near residential area.
      501 Oxbow Dr, Grovetown, GA 30813
      View Details
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    1359 Old Louisville Rd
    Grovetown, GA 30813
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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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    1359 Old Louisville Rd, Grovetown, GA, 30813
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