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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    565 Owens Gin NE Rd Calhoun, GA 30701-9610

    • Commercial real estate
    • 1,998 SF
    • 6.23 lot acres
    OFF-MARKET
    Last Sale
    Jul 30, 2021
    $516,000
    Value Estimations
    $525,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-2817048
    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

    • The Falls At Whitetail Ranch / Wedding Service

    Property Details for 565 Owens Gin NE Rd

    Year built
    1940
    Lot size
    6.23 lot acres
    Property size
    1,998 SF
    Zone code
    A-1
    Property type
    Commercial real estate
    APN
    074 - -023B
    APU
    074023B

    Description

    This exceptional 30-acre property in Calhoun, GA, boasts a 2,000 sq ft main home with a lodge-style entrance, stone fireplace, open living area, and kitchen. A master suite and half bath are included, with potential for additional bedrooms in the garage and attic. The property features a nearly 6-acre stocked lake with a hand-crafted bridge, gazebo, fishing pier, and multiple waterfalls. A 4,000 sq ft pavilion with wet bar, stage, and seating for 200 overlooks Salacoa Creek. Landscaped grounds include a hardscaped area with a stone grill and fire pit. Additional structures include a 540 sq ft detached garage and a 300 sq ft bathhouse with shower and HVAC. The property's irrigation system draws from the lake. Located near Chattanooga and Atlanta, this unique estate is perfect for a private retreat, weekend getaway, or event venue. The meticulously maintained grounds, breathtaking views, and abundant amenities create an unparalleled living experience. The property's strategic location offers easy access to both city amenities and the natural beauty of the Blue Ridge and Appalachian Mountains.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $575,000
      ML approach
      $540,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $321,000
      Market price range: $50.2k - $322k

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

    Location Insight

    • Map
    • Local Demand
    City
    Calhoun
    County
    Gordon
    State
    Georgia
    Longitude
    -84.825
    Latitude
    34.5439
    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
    $3,189
    $24,920
    $100,596
    $125,516
    -
    $62,300
    $251,490
    $313,790

    Comparable in this City

    • Value Estimation by Request
      5.50 Acres

      Fairmount Hwy

      Retail properties • 5.50 Acres
      0 Fairmount Hwy, Calhoun, GA 30701
      View Details
    • Value Estimation by Request
      0.28 Acres

      Rome Rd

      COMMERCIAL (GENERAL) • 0.28 Acres
      Rome Rd, Calhoun, GA 30701
      View Details
    • Value Estimation by Request
      0.50 Acres

      4618 Dews Pond SE Rd

      COMMERCIAL (GENERAL) • 0.50 Acres
      4618 Dews Pond SE Rd, Calhoun, GA 30701-4336
      View Details
    • Value Estimation by Request
      0.14 Acres

      Calhoun, GA 30701

      COMMERCIAL (GENERAL) • 0.14 Acres
      Calhoun, GA 30701
      View Details
    • Value Estimation by Request
      448 SF

      335 Beamer Btm SW Rd

      COMMERCIAL (GENERAL) • 448 SF
      335 Beamer Btm SW Rd, Calhoun, GA 30701
      View Details
    • Value Estimation by Request
      12.10 Acres

      1142 Newtown Creek Loop

      Office Properties & Spaces • 12.10 Acres
      1142 Newtown Creek Loop, Calhoun, GA 30701
      View Details

    Similar Nearby for Sale

    • $1,897,000
      5.50 Acres

      Calhoun, GA Commercial Land

      5.5 Acres, High-Traffic Location
      0 Fairmount Hwy, Calhoun, GA 30701
      View Details
    • Contact for pricing
      80,625 SF

      Prime Calhoun, GA Commercial Site

      80,625 SF Multi-Use Development Opportunity
      235 Conference Rd, Calhoun, GA 30701
      View Details
    • $895,000
      1.12 Acres

      Prime Calhoun Retail Opportunity

      High-traffic retail lot, 2,459 SF.
      1307 Us Highway 41, Calhoun, GA 30701
      View Details
    • $199,000
      0.52 Acres

      High-Visibility Calhoun Corner Lot

      Prime Commercial Land, Owner Financing Available
      7 Kelly Ct Ct, Calhoun, GA 30701
      View Details
    • $1,050,000
      1,960 SF

      Calhoun Commercial Land - Hwy 53

      High-traffic location, 4.08 acres, development ready.
      329 Richardson Rd, Calhoun, GA 30701
      View Details
    • $2,000,000
      7.79 Acres

      7.79 Acres I-75 & Red Bud Rd

      Calhoun, GA Commercial Land Investment
      315 Harmony Church Rd, Calhoun, GA 30701
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      30,000 SF

      Prime Calhoun Office/Warehouse Space

      30,000 SF, Single Tenant, Ready to Lease
      325 Lovers Lane Rd, Calhoun, GA 30701
      View Details
    • Contact for pricing
      106,990 SF

      Industrial Space Near Interstate 75

      Industrial property with office space, dock doors, and high ceilings.
      320 S Industrial Blvd, Calhoun, GA 30701
      View Details
    • $1,800 /Mo

      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
      81,205 SF

      Calhoun Retail Center Opportunity

      High-traffic Kroger-anchored shopping center
      136 Belmont Dr, Calhoun, GA 30701
      View Details
    • $10 SF/Yr
      2,279 SF

      Calhoun, GA Office Building For Sale

      Prime Medical/Executive Office Space, High Visibility
      355 Richardson Rd, Calhoun, GA 30701
      View Details
    • Contact for pricing
      2,400 SF

      Calhoun, GA Retail Space Available

      High-traffic retail space, 1,200 sq ft.
      1512 Red Bud Rd, Calhoun, GA 30701
      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.
    565 Owens Gin NE Rd
    Calhoun, GA 30701-9610
    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.