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    5193 Joe Frank Harris Pkwy Adairsville, GA 30103
    Property profile & analytics

    5193 Joe Frank Harris Pkwy, Adairsville, GA 30103

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    • Commercial land
    • 920 SF
    For Sale
    $695,000
    View Listing →
    Retail, Land For Sale
    $695,000
    920 SF

    Retail, Land

    Commercial land · 920 SF

    5193 Joe Frank Harris Pkwy NW, Adairsville, GA 30103
    View Listing
    Property ID
    US22-1354170
    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

    • JD's Small Engine Repair and Firewood Sales / Big Box & Wholesale Store

    Property Details for 5193 Joe Frank Harris Pkwy

    Year built
    1935
    Property type
    Commercial land
    Property subtype
    Retail properties & Spaces

    Description

    Great corner property, currently zoned residential.1.88 acres in a high traffic area with traffic counts exceeding 11,000 per day. Great location for your business! Will need to be rezoned. ESTATE PROPERTY. DEED RESTRICTION PROHIBITS LIQUOR STORES. JUST SOUTH OF ADAIRSVILLE, GEORGIA ON HWY 41 AT THE MANNING MILL INTERSECTION. RAPIDLY GROWING AREA WITH NUMEROUS RESIDENTIAL DEVELOPMENTS BEING BUILT.

    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
    Adairsville
    County
    Bartow
    State
    Georgia
    Longitude
    -84.9129397
    Latitude
    34.3470537

    Comparable in this City

    • $700,000
      0.67 Acres

      Versatile Commercial Building with Expansion Lot

      Turn-key commercial building with showroom and shovel-ready adjacent lot.
      5929 Joe Frank Harris Pkwy NW, Adairsville, GA 30103
      View Details
    • $700,000
      0.67 Acres

      Versatile Commercial Building with Land

      Turn-key commercial building with adjacent shovel-ready lot.
      5929 Joe Frank Harris Pkwy NW, Adairsville, GA 30103
      View Details
    • Contact for pricing

      Commercial Land on Highway 140

      4.84 acres of commercial land for sale or lease.
      Joe Frank Harris Pkwy, Adairsville, GA 30103
      View Details
    • $700,000
      1.83 Acres

      Commercial Land Near Downtown Adairsville

      Commercially zoned land with development potential near city center.
      2454 Hall Station Rd NW, Adairsville, GA 30103
      View Details
    • $370,000
      0.54 Acres

      Adairsville Commercial Lot For Sale

      Prime commercial lot with high visibility and essential infrastructure.
      5911 Joe Frank Harris Pkwy NW, Adairsville, GA 30103
      View Details
    • $189,900
      6.15 Acres

      Corner Acreage Tract on Highway

      6+/- acre corner lot with commercial/multi-family potential.
      Calhoun Hwy, Adairsville, GA 30103
      View Details

    Similar Nearby for Sale

    • $700,000
      0.67 Acres

      Versatile Commercial Building with Expansion Lot

      Turn-key commercial building with showroom and shovel-ready adjacent lot.
      5929 Joe Frank Harris Pkwy NW, Adairsville, GA 30103
      View Details
    • $700,000
      0.67 Acres

      Versatile Commercial Building with Land

      Turn-key commercial building with adjacent shovel-ready lot.
      5929 Joe Frank Harris Pkwy NW, Adairsville, GA 30103
      View Details
    • Contact for pricing

      Commercial Land on Highway 140

      4.84 acres of commercial land for sale or lease.
      Joe Frank Harris Pkwy, Adairsville, GA 30103
      View Details
    • $700,000
      1.83 Acres

      Commercial Land Near Downtown Adairsville

      Commercially zoned land with development potential near city center.
      2454 Hall Station Rd NW, Adairsville, GA 30103
      View Details
    • $370,000
      0.54 Acres

      Adairsville Commercial Lot For Sale

      Prime commercial lot with high visibility and essential infrastructure.
      5911 Joe Frank Harris Pkwy NW, Adairsville, GA 30103
      View Details
    • $189,900
      6.15 Acres

      Corner Acreage Tract on Highway

      6+/- acre corner lot with commercial/multi-family potential.
      Calhoun Hwy, Adairsville, GA 30103
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,664,280 SF

      Adairsville Warehouse Space Available

      Large industrial warehouse space available for lease in Adairsville.
      200 Momeni Ln, Adairsville, GA 30103
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      390,498 SF

      Adairsville Logistics Center Available

      Distribution and warehouse space for lease in Adairsville, Georgia.
      3569 Highway 41, Adairsville, GA 30103
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      16,000 SF

      Adairsville Warehouse with Drive-In Door

      16,000 SF warehouse on 1.62 acres, drive-in access.
      4649 Joe Frank Harris Pkwy NW, Adairsville, GA 30103
      View Details
    • Contact for pricing
      36,000 SF

      Adairsville Warehouse Space Available

      36,000 SF warehouse space available for lease.
      500 Soho Dr, Adairsville, GA 30103
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    • Contact for pricing
      1,038,520 SF

      Class-A Manufacturing and Distribution Facility

      Advanced manufacturing and distribution facility with heavy utility infrastructure.
      3864 Highway 41, Adairsville, GA 30103
      View Details
    • Contact for pricing
      225,211 SF

      Adairsville Warehouse and Distribution Space

      225,211 SF warehouse with 32' clear height for lease.
      95 International Pkwy, Adairsville, GA 30103
      View Details
    View Listing
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    Adairsville, GA 30103
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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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