Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6001 Horizon W Pkwy Grovetown, GA 30813-3057

    • Warehouses
    • 6,432 SF
    • 4.46 lot acres
    OFF-MARKET
    Last Sale
    Nov 02, 2023
    $2,320,522
    Value Estimations
    $2,365,000
    Show details
    Cap Rate Potential
    2.1%
    Warehouses
    Location Intelligence
    Property ID
    US22-0814519
    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

    • Warehouses

    Property Details for 6001 Horizon W Pkwy

    Year built
    1998
    Lot size
    4.46 lot acres
    Property size
    6,432 SF
    Property type
    Warehouses
    APN
    069 001K
    APU
    069001K

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,390,000
      ML approach
      $2,425,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,674,000
      Market price range: $703k - $4.33M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,375,000
      Current use
      RESTAURANT
      $3,100,000
      Change: +31% Conversion: Difficult
      OFFICE BUILDING
      $2,165,000
      Change: -9% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Grovetown
    County
    Columbia
    State
    Georgia
    Longitude
    -82.1916
    Latitude
    33.4678
    CBSA code
    12260
    CBSA name
    AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN 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
    2024
    $12,579
    $136,082
    $390,922
    $527,004
    -
    $340,205
    $977,304
    $1,317,509

    Comparable in this City

    • Value Estimation by Request
      4,020 SF

      1831 William Few Pkwy

      WAREHOUSE, STORAGE • 4,020 SF
      1831 William Few Pkwy, Grovetown, GA 30813-7801
      View Details
    • Value Estimation
      $2,100,000
      18,275 SF

      406 Merchants Way

      WAREHOUSE, STORAGE • 18,275 SF
      406 Merchants Way, Grovetown, GA 30813-3387
      View Details
    • Value Estimation by Request
      4,000 SF

      Columbia Rd

      WAREHOUSE, STORAGE • 4,000 SF
      Columbia Rd, Grovetown, GA 30813
      View Details
    • Value Estimation by Request
      5,220 SF

      634 Old Belair Rd

      WAREHOUSE, STORAGE • 5,220 SF
      634 Old Belair Rd, Grovetown, GA 30813-5520
      View Details
    • Value Estimation by Request
      4,334 SF

      5119 Wrightsboro Rd

      WAREHOUSE, STORAGE • 4,334 SF
      5119 Wrightsboro Rd, Grovetown, GA 30813-2803
      View Details
    • Value Estimation
      $1,100,000
      6,528 SF

      850 Horizon S Pkwy

      WAREHOUSE, STORAGE • 6,528 SF
      850 Horizon S Pkwy, Grovetown, GA 30813-3037
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,000 SF

      Freestanding Industrial Building Near I-20

      5,000 SF industrial building on 1.01 acre lot.
      317 Un Ct, Grovetown, GA 30813
      View Details
    • $1,212,000
      17.30 Acres

      Grovetown Industrial Land Investment

      17.3 Acres, I-20 Access, Build-to-Suit
      0 Whiskey Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing
      3,200 SF

      Grovetown Industrial Corner Property

      Industrial property with high visibility in central Grovetown, Georgia.
      114 E Robinson Ave, Grovetown, GA 30813
      View Details
    • $499,000
      3,200 SF

      Grovetown Flex Space For Sale

      Prime Grovetown location, 3200 sq ft flex space
      114 Robinson Ave, Grovetown, GA 30813
      View Details
    • Contact for pricing

      West Augusta Commercial Land Available

      Commercial land in fast-growing West Augusta with utilities in place.
      1809 William Few Pkwy, Grovetown, GA 30813
      View Details
    • $1,000,000
      9.95 Acres

      Prime Grovetown Commercial Land

      9.95 Acres, M1 Zoning, I-20 Access
      4459 Wrightsboro Rd, Grovetown, GA 30813
      View Details

    Similar Nearby for Lease

    • New
      $2,900 /Mo
      26,000 SF

      Grovetown Commercial Space Available

      Commercial space in Grovetown, GA, near Fort Gordon.
      784 Horizon Pkwy S, Grovetown, GA 30813
      View Details
    • Contact for pricing
      16,000 SF

      Retail Space on Wrightsboro Road

      16,000 SF retail space with loading dock available for rent.
      5107 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing
      1,360 SF

      Retail Space in Kroger Center

      Retail space available within a Kroger Marketplace shopping center.
      5156 Blue Grass Trl, Grovetown, GA 30813
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space Near Interstate 20

      Retail space adjacent to established businesses, near Interstate 20.
      417 Lewiston Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space Near Residential Development

      Retail space suitable for various businesses near residential area.
      501 Oxbow Dr, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Commercial Land Parcels For Lease

      Available commercial land parcels suitable for various business uses.
      457 Park 20 W, Grovetown, GA 30813
      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.
    6001 Horizon W Pkwy
    Grovetown, GA 30813-3057
    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.
    Sign Up Successful!
    You now have access to more from Realmo!