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    450 Belmont Dr Calhoun, GA 30701-3016
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    450 Belmont Dr Calhoun, GA 30701-3016

    View on Map
    • Outlet malls
    • 192,578 SF
    • 25.47 lot acres
    Off-Market
    Property ID
    US22-1536671
    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
    $25,020,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Walmart Tech Services / Tech Support Center / (Bike/Boat/Book/etc) Store
    • Kevin Benton / Pharmacy
    • Eva Baciu / Dental Office
    • Walmart Patio & Garden Services / Landscaping / General Contractor
    • Walmart Bakery / Bakery / Specialty Food Shop

    Property Details for 450 Belmont Dr

    Year built
    1996
    Lot size
    25.47 lot acres
    Property size
    192,578 SF
    Zone code
    C-N
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    C28 - -023
    APU
    C28023

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $27,511,000
      Market price range: $13.2M - $27.5M
      AI Estimate
      $22,527,000
      Market price range: $7.73M - $22.5M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $19,695,000
      Current use
      OFFICE BUILDING
      $22,285,000
      Change: +13% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Calhoun
    County
    Gordon
    State
    Georgia
    Longitude
    -84.9459
    Latitude
    34.4793
    CBSA code
    15660
    CBSA name
    CALHOUN, 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
    $192,893
    $1,379,360
    $5,481,480
    $6,860,840
    -
    $3,448,400
    $13,703,700
    $17,152,100

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation
      $895,000
      18,064 SF

      380 Richardson SE Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 18,064 SF
      380 Richardson SE Rd, Calhoun, GA 30701-3617
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    • Value Estimation
      $1,065,000
      24,600 SF

      201 Outlet Ctr SE Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 24,600 SF
      201 Outlet Ctr SE Dr, Calhoun, GA 30701-3757
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    • Value Estimation
      $1,480,000
      12,160 SF

      1284 Curtis SE Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 12,160 SF
      1284 Curtis SE Pkwy, Calhoun, GA 30701-3601
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    • Value Estimation
      $1,005,000
      7,894 SF

      Dews Pond Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 7,894 SF
      Dews Pond Rd, Calhoun, GA 30701
      View Details
    • Value Estimation
      $745,000
      10,000 SF

      200 Golden Cir Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 10,000 SF
      200 Golden Cir Dr, Calhoun, GA 30701-3077
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Commercial parcels totaling 1.44 acres to be sold at auction.
      822 S Wall St, Calhoun, GA 30701
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    • $1,897,000
      5.50 Acres

      Calhoun, GA Commercial Land

      5.5 Acres, High-Traffic Location
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    • New
      $895,000
      3,850 SF

      Turnkey Car Wash Investment Opportunity

      Premier car wash facility in Calhoun, GA, ready for immediate profitability.
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    • $785,000
      1.12 Acres

      Visible Lot in Calhoun, GA

      1.12 acre lot in high-traffic Calhoun location.
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      Prime I-75 Commercial Site

      1.47-acre commercial site with I-75 access and visibility.
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    • $750,000
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      Turnkey Retail Investment Opportunity

      Fully leased 6,860 Sqft retail building with reliable tenants.
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    Similar Nearby for Lease

    • Contact for pricing

      Kroger-Anchored Shopping Center For Rent

      Located in Calhoun's main retail corridor near I-75.
      136 West Belmont Dr NW, Calhoun, GA 30701
      View Details
    • Contact for pricing

      Prime Highway 41 Commercial Space

      Commercial space for lease on heavy-traffic Highway 41.
      514 S Wall St, Calhoun, GA 30701
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available, offering 1,200 square feet.
      1512 Red Bud Rd NE, Calhoun, GA 30701
      View Details
    • $10 SF/Yr

      Stand-Alone Building Near Highway 53

      Versatile commercial space with ample parking and highway access.
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      View Details
    • Contact for pricing

      Calhoun Commercial Space For Lease

      Commercial flex, industrial, office, and warehouse space available for lease.
      325 Lovers Lane Rd SE, Calhoun, GA 30701
      View Details
    • $975 /Mo

      Calhoun Condo For Rent

      One-bedroom, one-bathroom condo in Calhoun, conveniently located near downtown.
      212 Chandler St, Calhoun, GA 30701
      View Details

    Property Visit Statistics

    • Visits by month
      264.7k
    • Visitors by month
      90.7k
    • Avg Time on site
      40 min
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    Calhoun, GA 30701-3016
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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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