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    5420 Hwy 124th W Hoschton, GA 30548
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    Property profile & analytics

    5420 Hwy 124th W, Hoschton, GA 30548

    View on Map
    • Commercial land
    • 11.63 lot acres
    Off-Market
    Last Sale Dec 27, 2021
    $1,200,000
    Property ID
    US22-2688671
    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
    $1,200,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 5420 Hwy 124th W

    Lot size
    11.63 lot acres
    Zone code
    HRC
    Property type
    Commercial land
    APN
    105 005A
    APU
    105005A

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 13, 2023 — Stor Jefga Hwy 124 LLC — Deed · related $7.7M · First Horizon
    Dec 27, 2021 $1,200,000 Stor Jefga Hwy 124 LLC Mark Beverly Real Estate Holdings L Limited Warranty Deed —
    Apr 26, 2019 — Mark Beverly R & E Hldgs LLC — Trustees Deed · related $4M · Mountain Vly Cmnty Bk
    Nov 21, 2018 $925,000 Mark Beverly R & E Hldgs LLC Terreck Holdings LLC Grant Deed —
    Nov 21, 2018 — Mark Beverly R & E Hldgs LLC Terreck Holdings LLC Quit Claim Deed · related —
    May 22, 2013 $245,000 Terreck Holdings LLC United Ctrl Bk Grant Deed · related —
    Apr 9, 2013 $245,000 Terreck Holdings LLC United Central Bank Grant Deed · related —
    Jul 17, 2012 $315,000 United Ctrl Bk Jackson Aps Bod LLC Trustees Deed · related —
    Jul 3, 2012 $315,000 United Central Bank Jackson Aps Bod LLC Grant Deed · related —
    May 31, 2007 — Dennis D Delaperriere First Piedmont Bank Quit Claim Deed · related —
    May 21, 2007 — Jackson Aps Bod LLC Delaperriere,dennis D Quit Claim Deed · related $1.1M · United Central Bank
    May 21, 2007 $1,744,500 Jackson Aps Bod LLC Delaperriere,dennis D Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,230,000
      ML approach
      $1,170,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Hoschton
    County
    Jackson
    State
    Georgia
    Longitude
    -83.6934
    Latitude
    34.1032
    CBSA code
    27600
    CBSA name
    JEFFERSON, 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
    $14,298
    $541,280
    $0.00
    $541,280
    -
    $1,353,200
    $0.00
    $1,353,200

    Comparable in this City

    • Value Estimation by Request
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      10.96 Acres

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      VACANT COMMERCIAL LAND
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    • Value Estimation
      $625,000
      4.00 Acres

      6114 Hwy 124th W

      VACANT COMMERCIAL LAND
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    • Value Estimation by Request
      2.00 Acres

      Hwy 124

      VACANT COMMERCIAL LAND
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    • Value Estimation by Request
      34.70 Acres

      1047 Hwy 124

      VACANT COMMERCIAL LAND
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      5.30 Acres

      3528 Hwy 53

      VACANT COMMERCIAL LAND
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    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Hall County Land Opportunity

      17.675+/- acres in rapidly growing area.
      1661 Friendship Rd, Hoschton, GA 30548
      View Details
    • $4,000,000
      17.68 Acres

      Prime Development Land on Friendship Road

      17.675 acres for commercial development in rapidly growing Hoschton, GA.
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    • $4,600,000
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      Hoschton Commercial Land For Sale

      10 acres of commercially zoned land in a growing area.
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    • $4,000,000
      17.68 Acres

      Hoschton Land For Commercial Development

      17.675 acre commercial land in rapidly growing area.
      1661 Friendship Rd, Hoschton, GA 30548
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    • $719,900

      4.36 Acres in Hoschton, GA

      4.36 acres zoned for suburban shopping near Braselton Life Path.
      5374 Thompson Mill Rd, Hoschton, GA 30548
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    • Contact for pricing

      Hall County Development Opportunity

      17.675+/- acres for development in rapidly growing south Hall County.
      1661 Friendship Rd, Hoschton, GA 30548
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,250 SF

      Highway 124 Office Suites

      Office suites available in Auburn, Georgia near Highway 211.
      1463-1467 Highway 124, Auburn, GA 30548
      View Details
    • $12 SF/Yr

      Hoschton Warehouse Space Available

      Multi-tenant warehouse in Hoschton, GA with multiple door options.
      61 Pearl Industrial Ave, Hoschton, GA 30548
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Neighborhood center near downtown Hoschton and Braselton.
      115 Towne Center Pkwy, Hoschton, GA 30548
      View Details
    • Contact for pricing
      60,000 SF

      Braselton Warehouse Space Available

      60,000 SF warehouse space for lease in Braselton, GA.
      Hwy 124 & Hwy 211, Braselton, GA 30548
      View Details
    • $12 SF/Yr

      Hoschton Flex/Industrial Space Available

      Multi-tenant flex/industrial building in Hoschton, Jackson County, GA.
      61 Pearl Industrial Ave, Hoschton, GA 30548
      View Details
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    Hoschton, GA 30548
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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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