Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    195 Commerce Dr Villa Rica, GA 30180-1533

    • Hotels
    • 24,078 SF
    • 1.15 lot acres
    OFF-MARKET
    Last Sale
    Oct 12, 2022
    $4,275,000
    Value Estimations
    $4,375,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1701054
    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

    • Days Inn by Wyndham Villa Rica / Inn / Motel
    • Super 8 by Wyndham Villa Rica / Hotel / Inn

    Property Details for 195 Commerce Dr

    Year built
    1991
    Construction
    STEEL FRAME
    Lot size
    1.15 lot acres
    Property size
    24,078 SF
    Zone code
    GC
    Property type
    Hotels
    APN
    V07-011-0096
    APU
    V070110096

    Description

    Exceptional investment opportunity: a 61-room, three-story Super 8 by Wyndham hotel in Villa Rica, Georgia. This interior corridor property boasts a prime location directly on Interstate 20, offering easy access to Atlanta's bustling metropolitan area, just 40 miles from Hartsfield-Jackson Atlanta International Airport. Built in 1990, the hotel sits on a 1.15-acre lot and features a manager's apartment. Each of the 61 keys includes amenities such as a flat-screen TV, free Wi-Fi, refrigerator, microwave, coffee/tea maker, and a private bathroom. Guest amenities include a seasonal outdoor pool, business center, laundry facilities, and vending machines, along with a complimentary continental breakfast. The hotel's strong performance is evidenced by its 2023 room revenue of $1,049,000. Its proximity to major demand generators, including Fortune 500 companies, higher education institutions, healthcare centers, and entertainment venues, ensures consistent occupancy. The property's location within the rapidly growing Atlanta metropolitan area, with its robust economy and projected population growth, presents a compelling investment case. The asking price is $5,200,000. APN: 11-100-001-15. This well-maintained hotel presents a rare opportunity to acquire a profitable asset in a high-demand location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,555,000
      ML approach
      $5,565,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $4,015,000
      RETAIL STORES
      $3,240,000
      RESTAURANT
      $2,730,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Villa Rica
    County
    Carroll
    State
    Georgia
    Longitude
    -84.9411
    Latitude
    33.7242
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $32,462
    $166,000
    $870,120
    $1,036,120
    -
    $415,000
    $2,175,301
    $2,590,301

    Comparable in this City

    • Value Estimation
      $2,580,000
      45,816 SF

      100 Cooley Way

      HOTEL • 45,816 SF
      100 Cooley Way, Villa Rica, GA 30180-4972
      View Details
    • Value Estimation
      $2,040,000
      33,148 SF

      114 Hwy 61

      HOTEL • 33,148 SF
      114 Hwy 61, Villa Rica, GA 30180
      View Details
    • Value Estimation by Request
      5,750 SF

      615 Edge Rd

      MOTEL • 5,750 SF
      615 Edge Rd, Villa Rica, GA 30180-2810
      View Details
    • Value Estimation
      $2,000,000
      34,560 SF

      120 Parkridge Dr

      MOTEL • 34,560 SF
      120 Parkridge Dr, Villa Rica, GA 30180
      View Details
    • Value Estimation
      $1,210,000
      20,368 SF

      124 61st Hwy

      MOTEL • 20,368 SF
      124 61st Hwy, Villa Rica, GA 30180
      View Details
    • Value Estimation
      $3,100,000
      21,908 SF

      128 61st Hwy

      MOTEL • 21,908 SF
      128 61st Hwy, Villa Rica, GA 30180
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      51.77 Acres

      Prime Commercial Land, Villa Rica, GA

      51.77 Acres - Highway 78 Frontage
      0 Highway 78, Villa Rica, GA 30180
      View Details
    • $450,000
      1.60 Acres

      Villa Rica Commercial Land

      1.6-acre prime commercial lot, high traffic.
      100 Hickory Level Rd, Villa Rica, GA 30180
      View Details
    • $3,700,000
      48,900 SF

      Conners Rd Industrial Property

      48,900 SF Manufacturing/Warehouse
      40 Conners Rd, Villa Rica, GA 30180
      View Details
    • $799,999
      10,000 SF

      Villa Rica Warehouse - $80/SF

      10,000 SF Warehouse, Excellent Location
      545 Montgomery St, Villa Rica, GA 30180
      View Details
    • $250,000

      Villa Rica Commercial Outparcel Opportunity

      High visibility commercial land in a rapidly growing market.
      315 S Carroll Rd, Villa Rica, GA 30180
      View Details
    • $750,000
      2.00 Acres

      Villa Rica Commercial Land Opportunity

      2-acre commercial land with high traffic and development potential.
      9419 Villa Rica Hwy, Villa Rica, GA 30180
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10 SF

      Villa Rica Industrial Land Available

      10 acres of industrial land in Villa Rica, Georgia.
      W Industrial Ct, Villa Rica, GA 30180
      View Details
    • Contact for pricing
      1,200 SF

      Villa Rica Retail Space Available

      Retail space for lease in Villa Rica Commons.
      600 Carrollton Villa Rica Hwy, Villa Rica, GA 30180
      View Details
    • $14 SF/Yr
      4,300 SF

      Downtown Villa Rica Office Space

      Office space in downtown Villa Rica with easy highway access.
      150 Stone St, Villa Rica, GA 30180
      View Details
    • $14 SF/Yr

      Downtown Villa Rica Office/Retail Space

      Two-story office/retail building in downtown Villa Rica with I-20 access.
      150 Stone St, Villa Rica, GA 30180
      View Details
    • $1,295 /Mo
      1,200 SF

      Turn-Key Office/Medical Space Available

      Prime commercial location near I-20, Walmart, and Home Depot.
      125 Commons Way, Villa Rica, GA 30180
      View Details
    • Contact for pricing
      177,000 SF

      Villa Rica Industrial Space Available

      177,000 SF industrial space with outdoor storage potential.
      34 E Industrial Ct, Villa Rica, GA 30180
      View Details
    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.
    195 Commerce Dr
    Villa Rica, GA 30180-1533
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.