Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    196 Stephen Cir Toccoa, GA 30577-6126

    • Motels
    • 3,302 SF
    • 0.87 lot acres
    OFF-MARKET
    Last Sale
    May 01, 2024
    Value Estimations
    $240,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0656825
    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

    • Motels

    Property Details for 196 Stephen Cir

    Year built
    1988
    Construction
    WOOD
    Lot size
    0.87 lot acres
    Property size
    3,302 SF
    Zone code
    B-II
    Property type
    Motels
    APN
    T36 107A
    APU
    T36107A

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $240,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Toccoa
    County
    Stephens
    State
    Georgia
    Longitude
    -83.311913
    Latitude
    34.568984
    CBSA code
    45740
    CBSA name
    TOCCOA, GA MICROPOLITAN 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
    $1,698
    $11,400
    $36,608
    $48,008
    -
    $28,500
    $91,521
    $120,021

    Comparable in this City

    • Value Estimation
      $400,000
      16,000 SF

      273 Broad St

      MOTEL • 16,000 SF
      273 Broad St, Toccoa, GA 30577-2337
      View Details
    • Value Estimation
      $270,000
      8,068 SF

      70 Felton Dr

      MOTEL • 8,068 SF
      70 Felton Dr, Toccoa, GA 30577-6572
      View Details
    • Value Estimation by Request
      13,400 SF

      Toccoa St

      Multifamily properties • 13,400 SF
      0 Toccoa St, Toccoa, GA 30577
      View Details
    • Value Estimation
      $775,000
      98,792 SF

      106 Stephen Cir

      MOTEL • 98,792 SF
      106 Stephen Cir, Toccoa, GA 30577-6126
      View Details
    • Value Estimation
      $560,000
      31,280 SF

      40 Alexander St

      HOTEL • 31,280 SF
      40 Alexander St, Toccoa, GA 30577-3599
      View Details
    • Value Estimation by Request

      30.1 Acres Land For Sale

      30.1 Acres Premium Land For Sale
      0 Tower Rd, Toccoa, GA 30577
      View Details

    Similar Nearby for Sale

    • $2,100,000
      13,400 SF

      Carmel Valley Retail Space Available

      Prime Retail Space, Flexible Lease Options
      0 Toccoa St, Toccoa, GA 30577
      View Details
    • Contact for pricing
      100,000 SF

      Toccoa Industrial Property

      ±211,046 SF Warehouse, For Sale/Lease
      546 Old Liberty Hill Rd, Toccoa, GA 30577
      View Details
    • $150,000
      1.43 Acres

      Toccoa Commercial Land: Prime Location

      1.43 Acres, High-Traffic Area, Development Potential
      0 Currahee St, Toccoa, GA 30577
      View Details
    • $651,780
      96.56 Acres

      96-Acre Commercial Land, Toccoa, GA

      Prime Stephens County acreage; endless development potential.
      0 Windsor Dr, Toccoa, GA 30577
      View Details
    • Contact for pricing
      0.25 Acres

      Land Near Lake Hartwell

      Residential land in Shady Shores Community near Lake Hartwell.
      132 Brookwood Dr, Martin, GA 30577
      View Details
    • $35,000
      Pending

      Toccoa Land For Sale

      5.14 acre lot perfect for a dream home.
      Celia Dr, Toccoa, GA 30577
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      211,046 SF

      Prime Toccoa Industrial Space

      Large Manufacturing/Warehouse - 211,046 SF
      546 Old Liberty Hill Rd, Toccoa, GA 30577
      View Details
    • $1,400 /Mo
      2,432 SF

      Toccoa Office Space For Rent

      Prime office space in Toccoa, GA, ready for occupancy.
      131 W Sage St, Toccoa, GA 30577
      View Details
    • $35 SF/Yr
      306 SF

      Toccoa Retail Space - Prime Location

      Restaurant Ready, High Traffic Area, 306 sq ft
      655 Pond St, Toccoa, GA 30577
      View Details
    • $1,500 /Mo
      306 SF

      Toccoa Commercial Lease Opportunity

      Prime commercial location in Toccoa, GA for lease.
      655 S Pond St, Toccoa, GA 30577
      View Details
    • $6 SF/Yr
      2,640 SF

      Toccoa Commercial Office Space Available

      Multi-use commercial office space for lease in Toccoa, GA.
      296 W Currahee St, Toccoa, GA 30577
      View Details
    • $2,500 /Mo
      2,500 SF

      Toccoa Commercial Space For Lease

      Versatile warehouse and office space in a prime location.
      285 Big A Rd, Toccoa, GA 30577
      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.
    196 Stephen Cir
    Toccoa, GA 30577-6126
    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.