Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1870 Parker Rd SE Conyers, GA 30094
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1870 Parker Rd SE Conyers, GA 30094

    View on Map
    • Commercial land
    For Sale
    $550,000
    View Listing →
    Commercial Land in High-Traffic Area For Sale
    $550,000
    3.34 Acres

    Commercial Land in High-Traffic Area

    3.34-acre commercial land parcel zoned C-1 in Conyers, GA.

    1870 Parker Road SE, Conyers, GA 30094
    View Listing
    Property ID
    US22-1087462
    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

    • Commercial land

    Property Details for 1870 Parker Rd SE

    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    3.34 Acres Zoned C1. Adjacent to Lowes in Conyers. Excellent location for office, medical, retail, etc. Located near shopping, restaurants, and residential areas. There is a two-story improved property currently rented as a residential property. Could be converted to Office, etc.

    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
    Conyers
    County
    Rockdale
    State
    Georgia
    Longitude
    -84.0211
    Latitude
    33.640217

    Comparable in this City

    • $970,000

      25.57 Acre Land Parcel

      25.57 acre land parcel suitable for commercial use.
      2630 Highway 138, Conyers, GA 30094
      View Details
    • $110,000
      4.95 Acres

      Conyers Land on GA Hwy

      4.95 acre lot in high-traffic area near I-20.
      Highway 212, Conyers, GA 30094
      View Details
    • $750,000
      1.80 Acres

      Pad-Ready Commercial Land Site

      1.8-acre commercial land site in active growth corridor.
      1081 Iris Dr SE, Conyers, GA 30094
      View Details
    • $970,000
      25.57 Acres

      25.57 Acres in Conyers, GA

      25.57-acre parcel with road frontage and creek, ideal for development.
      2630 Highway 138, Conyers, GA 30094
      View Details
    • $550,000
      3.34 Acres

      Commercial Land in High-Traffic Area

      3.34-acre commercial land parcel zoned C-1 in Conyers, GA.
      1870 Parker Rd SE, Conyers, GA 30094
      View Details
    • Contact for pricing

      Prime Commercial Land I-20 Corridor

      2.9-acre commercial land with high traffic exposure near Atlanta.
      2436 Iris Dr SW, Conyers, GA 30094
      View Details

    Similar Nearby for Sale

    • $750,000
      1.80 Acres

      Pad-Ready Commercial Land Site

      1.8-acre commercial land site in active growth corridor.
      1081 Iris Dr SE, Conyers, GA 30094
      View Details
    • $970,000
      25.57 Acres

      25.57 Acres in Conyers, GA

      25.57-acre parcel with road frontage and creek, ideal for development.
      2630 Highway 138, Conyers, GA 30094
      View Details
    • $550,000
      3.34 Acres

      Commercial Land in High-Traffic Area

      3.34-acre commercial land parcel zoned C-1 in Conyers, GA.
      1870 Parker Rd SE, Conyers, GA 30094
      View Details
    • $970,000

      25.57 Acre Land Parcel

      25.57 acre land parcel suitable for commercial use.
      2630 Highway 138, Conyers, GA 30094
      View Details
    • $110,000
      4.95 Acres

      Conyers Land on GA Hwy

      4.95 acre lot in high-traffic area near I-20.
      Highway 212, Conyers, GA 30094
      View Details
    • Contact for pricing

      Prime Commercial Land I-20 Corridor

      2.9-acre commercial land with high traffic exposure near Atlanta.
      2436 Iris Dr SW, Conyers, GA 30094
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Versatile Workspace Solutions Available

      Flexible office spaces, coworking, meeting rooms, and virtual offices.
      1775 Parker Rd Bldg C, Conyers, GA 30094
      View Details
    • Contact for pricing

      Conyers Warehouse Space Available

      Multi-tenant warehouse in Conyers, GA with office space.
      1479 Parker Rd, Conyers, GA 30094
      View Details
    • Contact for pricing

      Adaptable Commercial Space in Conyers

      2,650 SF commercial space with open layout and ample parking.
      1261 Commercial Dr SW, Conyers, GA 30094
      View Details
    • Contact for pricing

      Conyers Office Space For Lease

      Office units for lease in Conyers, GA near I-20.
      833 Commerce Dr SW, Conyers, GA 30094
      View Details
    • Contact for pricing
      51,093 SF

      Industrial Warehouse with Office Space

      50,906 SF industrial property with warehouse, manufacturing, and office.
      1202 Royal Dr SW, Conyers, GA 30094
      View Details
    • Contact for pricing

      1264 Parker Rd SE, Conyers, GA 30094

      Retail space
      1264 Parker Rd SE, Conyers, GA 30094
      View Details
    View Listing
    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.
    1870 Parker Rd SE
    Conyers, GA 30094
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!