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

    1771 Joe Frank Harris Pkwy SE Cartersville, GA 30120

    • Commercial real estate
    • 4.33 lot acres
    For Sale
    View listing
    $950,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1696293
    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 1771 Joe Frank Harris Pkwy SE

    Year built
    1981
    Lot size
    4.33 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 4.329-acre commercial property, located at 1771 Joe Frank Harris Parkway SE in Cartersville, Georgia (zip code 30120), presents a unique development opportunity. Situated in Bartow County, this parcel boasts 832 feet of frontage on GA Highway 41, ensuring high visibility and convenient access for potential businesses. Built in 1981, the land is zoned C-1 for commercial use, opening doors to a wide array of development possibilities. The asking price for this strategically located lot is $1,200,000. Its prime location within the thriving city of Cartersville offers significant potential for substantial return on investment. The expansive lot size provides ample space for various commercial projects, catering to diverse business needs. This property represents a rare chance to acquire a highly visible and accessible commercial site in a dynamic and growing area. Don't miss this opportunity to secure a piece of Cartersville's commercial landscape.

    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
    Cartersville
    County
    Bartow - GA
    State
    Georgia
    Longitude
    -84.8374729
    Latitude
    34.2143231

    Comparable in this City

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      Highway 61 Commercial Land Opportunity

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      61 Hwy, Cartersville, GA 30120
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      0.09 Acres

      Cartersville Medical Office Suite

      Fully Equipped, High-Traffic Location
      962 Joe Frank Harris Pkwy, Cartersville, GA 30120
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    • $2,500,000
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      Cartersville Residential Land Tract

      25 Acres, Prime Development Opportunity
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      Land for sale in booming west side of Cartersville.
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      Cartersville Land Opportunity

      6.19-acre tract of land in Cartersville, Georgia.
      Dodson Rd, Cartersville, GA 30120
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    • $950,000
      4.33 Acres

      Prime Commercial Land in Cartersville

      4.3+/- acre commercial land with high visibility and easy access.
      1771 Joe Frank Harris Pkwy SE, Cartersville, GA 30120
      View Details

    Similar Nearby for Sale

    • $1,176,000
      2.94 Acres

      Highway 61 Commercial Land Opportunity

      Prime Cartersville acreage, high visibility, development potential.
      61 Hwy, Cartersville, GA 30120
      View Details
    • Contact for pricing
      0.09 Acres

      Cartersville Medical Office Suite

      Fully Equipped, High-Traffic Location
      962 Joe Frank Harris Pkwy, Cartersville, GA 30120
      View Details
    • $2,500,000
      25.15 Acres

      Cartersville Residential Land Tract

      25 Acres, Prime Development Opportunity
      1043 Jones Mill Rd, Cartersville, GA 30120
      View Details
    • Contact for pricing

      Cartersville Land For Sale

      Land for sale in booming west side of Cartersville.
      302-310 Walnut Grove Rd SE, Cartersville, GA 30120
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    • $198,300
      6.19 Acres

      Cartersville Land Opportunity

      6.19-acre tract of land in Cartersville, Georgia.
      Dodson Rd, Cartersville, GA 30120
      View Details
    • $950,000
      4.33 Acres

      Prime Commercial Land in Cartersville

      4.3+/- acre commercial land with high visibility and easy access.
      1771 Joe Frank Harris Pkwy SE, Cartersville, GA 30120
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      379,855 SF

      Industrial Space with Development Potential

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      22,570 SF

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      Cartersville Warehouse Space For Lease

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      Cartersville Plaza Retail Space

      Prime Retail Space, Cartersville, GA
      230 Dixie Ave, Cartersville, GA 30120
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      141,792 SF

      Planned Industrial Business Center

      Five-building industrial center with rear-load buildings and modern amenities.
      180 Joe Frank Harris Pkwy, Cartersville, GA 30120
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    • Contact for pricing
      8,260 SF

      Rosepond Offices: Cartersville Gem

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      1124 Tennessee St, Cartersville, GA 30120
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    Cartersville, GA 30120
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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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