Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2229 Mcdaniel Mill Rd Conyers, GA 30094
    Back to Search
    Property profile & analytics

    2229 Mcdaniel Mill Rd, Conyers, GA 30094

    View on Map
    • Commercial real estate
    • 66.61 lot acres
    Off-Market
    Property ID
    US22-1018197
    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 real estate

    Property Details for 2229 Mcdaniel Mill Rd

    Lot size
    66.61 lot acres
    Property type
    Commercial real estate
    APN
    0130010025

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 6, 2026 — Rock City Cycles INC — Deed · related $40k · Hall Brandon
    Sep 13, 2021 $300,000 Rock City Cycles INC G 3 Timber LLC Deed $191k · Bank Ozk
    Mar 3, 2021 — Kenneth Perkins 3g Timber LLC Quitclaim Deed · related —
    Jun 26, 2020 $95,000 G3 Timber LLC Northern Star Equity LLC Grant Deed · related $68k · United Bk
    Feb 1, 2018 $39,000 Northern Star Equity LLC Tax Commissioner Of Rockdale Cnty|mcdaniel Mill Pr Trust Deed · related —
    Apr 14, 2017 $39,000 Northern Star Equity Ex Officio Sheriff Of Rockdale Co Trust Deed · related —

    Description

    This exceptional 66.61-acre property in Conyers, Georgia, presents a compelling investment opportunity. Currently zoned A-5/AR (Agricultural/Rural Land), this land offers significant development potential, including the possibility of upzoning for medium-density residential use. The property's natural beauty makes it ideal for a residential community, conservation project, or outdoor recreational use. Its strategic location provides easy access to major highways like I-20, ensuring convenient commutes to Atlanta. Nearby amenities include various shopping and dining options, such as Outback Steakhouse, LongHorn Steakhouse, Olive Garden, Cracker Barrel, Walmart, and Home Depot. Excellent healthcare services are readily available at Piedmont Rockdale Hospital and Emory Hillandale Hospital. Conyers' robust economic growth and high demand for residential lots further enhance the property's investment appeal. The property's suitability for solar development adds to its eco-friendly investment potential. Nearby attractions include Johnson Park, Panola Mountain State Park, and Honey Creek Golf Club. Public transportation options, including bus stops and park-and-ride facilities, are within a reasonable distance. The asking price is $2,200,500, with a price per acre of $32,887. The property is offered fee simple with APN 0130010025.

    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
    -84.074173538099
    Latitude
    33.636429312505

    Comparable in this City

    • $1,150,000
      3,575 SF

      Equestrian Estate with Southern Charm

      34-acre estate with a traditional brick home and equestrian facilities.
      2055 Smyrna Rd SW, Conyers, GA 30094
      View Details
    • $849,000
      4,137 SF

      Equestrian Estate with Modern Amenities

      Turnkey equestrian estate on 11.25 acres with modern home.
      2150 Smyrna Ridge Ct SW, Conyers, GA 30094
      View Details
    • $150,000

      Land for Farm or Home

      Land suitable for building, farming, or investment purposes.
      2067 SW Ebenezer Rd, Conyers, GA 30094
      View Details
    • $80,655
      0.99 Acres

      Riverfront Lots in Conyers, GA

      Premium riverfront lots for custom home in Fontainbleau Subdivision.
      2051 Fontainbleau Dr, Conyers, GA 30094
      View Details
    • $80,655
      0.93 Acres

      Riverfront Lots in Fontainbleau Subdivision

      Premium lots for custom homes in Conyers's desirable community.
      2053 Fontainbleau Dr, Conyers, GA 30094
      View Details
    • $1,007,300
      28.79 Acres

      Conyers Land For Sale

      46.50 acre development tract in Newton & Rockdale Counties.
      Highway 212 SE, Conyers, GA 30094
      View Details

    Similar Nearby for Sale

    • $1,150,000
      3,575 SF

      Equestrian Estate with Southern Charm

      34-acre estate with a traditional brick home and equestrian facilities.
      2055 Smyrna Rd SW, Conyers, GA 30094
      View Details
    • $849,000
      4,137 SF

      Equestrian Estate with Modern Amenities

      Turnkey equestrian estate on 11.25 acres with modern home.
      2150 Smyrna Ridge Ct SW, Conyers, GA 30094
      View Details
    • $150,000

      Land for Farm or Home

      Land suitable for building, farming, or investment purposes.
      2067 SW Ebenezer Rd, Conyers, GA 30094
      View Details
    • $80,655
      0.99 Acres

      Riverfront Lots in Conyers, GA

      Premium riverfront lots for custom home in Fontainbleau Subdivision.
      2051 Fontainbleau Dr, Conyers, GA 30094
      View Details
    • $80,655
      0.93 Acres

      Riverfront Lots in Fontainbleau Subdivision

      Premium lots for custom homes in Conyers's desirable community.
      2053 Fontainbleau Dr, Conyers, GA 30094
      View Details
    • $1,007,300
      28.79 Acres

      Conyers Land For Sale

      46.50 acre development tract in Newton & Rockdale Counties.
      Highway 212 SE, 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
    • Sponsored
      Contact for pricing

      Corner Market at Almand Creek

      Discover many ways to work your way in Corner Market at Almand Creek
      1775 Parker Rd, Conyers, GA 30094
      View Details
    • Contact for pricing

      Conyers Commercial Space For Lease

      2,650 SF open-concept space ideal for office or studio.
      1261 Commercial Dr SW, Conyers, GA 30094
      View Details
    • $3,150 /Mo
      2,520 SF

      Conyers Commercial Suite For Rent

      Optical suite with exam rooms, offices, and convenient highway access.
      1455 Old Mcdonough Hwy SE, 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
    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.
    2229 Mcdaniel Mill Rd
    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

    Thank You for Inquiry
    2229 Mcdaniel Mill Rd, Conyers, GA, 30094
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!