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

    1870 Parker Rd SE Conyers, GA 30094

    • Commercial real estate
    • 3.34 lot acres
    For Sale
    View listing
    $550,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1870 Parker Rd SE

    Lot size
    3.34 lot acres
    Property type
    Commercial real estate
    APN
    0750010027

    Description

    This exceptional 3.34-acre commercial land parcel, located at 1870 Parker Rd SE in Conyers, Georgia (zip code 30094), presents a remarkable investment opportunity. The property, identified by APN 0750010027, is zoned C1, offering a wide range of potential uses. Its strategic location adjacent to a Lowe's home improvement store ensures high visibility and accessibility. The site benefits from its proximity to a vibrant mix of established businesses, including numerous shopping centers, restaurants, and residential communities, creating a strong customer base and convenient access for employees. This prime location makes it ideal for a variety of commercial ventures, such as office buildings, medical facilities, retail establishments, or other compatible businesses. The substantial lot size provides ample space for development, allowing for flexibility in design and construction. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price for this significant commercial land parcel is $500,000.

    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
    Conyers
    County
    Rockdale
    State
    Georgia
    Longitude
    -84.0207662
    Latitude
    33.640127

    Comparable in this City

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      Conyers, GA Riverfront Build Site

      1.41 acre riverfront lot in Conyers, GA for sale.
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    • $94,905
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      Residential Land in Conyers, GA

      1.97 acre build site in Fontainbleau subdivision, Conyers, GA.
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    Similar Nearby for Sale

    • $485,000
      4.25 Acres

      Conyers Commercial Land Opportunity

      4.25 Acres, Restaurant Potential
      495 Oglesby Bridge Rd, Conyers, GA 30094
      View Details
    • $599,999
      8.70 Acres

      Conyers Commercial Land - 8.7 Acres

      Prime Commercial Land, I-20 Access
      2600 Iris Dr, Conyers, GA 30094
      View Details
    • Contact for pricing
      Pending

      Residential Land in Conyers, GA

      Spacious lot near I-20, perfect for building your dream home.
      1084 W Adrian Cir SW, Conyers, GA 30094
      View Details
    • $80,655
      1.01 Acres

      Residential Land in Conyers, GA

      1.01 acre river front lot for custom home build.
      2055 Fontainbleau Dr, Conyers, GA 30094
      View Details
    • $80,655
      1.41 Acres

      Conyers, GA Riverfront Build Site

      1.41 acre riverfront lot in Conyers, GA for sale.
      2059 Fontainbleau Dr, Conyers, GA 30094
      View Details
    • $94,905
      1.97 Acres

      Residential Land in Conyers, GA

      1.97 acre build site in Fontainbleau subdivision, Conyers, GA.
      2126 Lacroix Way, Conyers, GA 30094
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      42,982 SF

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      Prime Conyers retail space available.
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    • New
      $2,325 /Mo
      2,325 SF

      Conyers Office Space Available

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    • $71 SF/Yr
      21,816 SF

      Conyers Office Space for Lease

      Prime Conyers location, flexible office solutions
      1775 Parker Rd Bldg C, Conyers, GA 30094
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    • Contact for pricing
      18,600 SF

      Conyers Warehouse Space Available

      Multi-tenant warehouse in Conyers, GA with office space.
      Conyers, GA 30094
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    • $17 SF/Yr
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      Conyers Retail Center Investment

      High-traffic retail space, Atlanta East Market
      1264 Parker Rd, Conyers, GA 30094
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    • $7 SF/Yr
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      Industrial Warehouse with Office Space

      50,906 SF industrial property with warehouse, manufacturing, and office.
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    1870 Parker Rd SE
    Conyers, GA 30094
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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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