Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    605 Jeff Davis Dr Fayetteville, GA 30214-1633
    Back to Search
    Property profile & analytics

    605 Jeff Davis Dr, Fayetteville, GA 30214-1633

    View on Map
    • Investment properties
    • 2,528 SF
    • 2.12 lot acres
    Off-Market
    Last Sale Sep 21, 2023
    Property ID
    US22-1440508
    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
    $515,000
    Show details
    Cap Rate Potential
    8.3%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • Strong water package store / (Bike/Boat/Book/etc) Store / Wine and Liquor Store

    Property Details for 605 Jeff Davis Dr

    Year built
    1978
    Construction
    FRAME
    Lot size
    2.12 lot acres
    Zone code
    C C2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    53103002
    APU
    53103002

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 21, 2023 — Jeff Davis Package LLC Amrinder Singh Warranty Deed —
    Dec 16, 2022 — Amrinder Singh Rba Fayette Investments LLC Warranty Deed —
    May 8, 2007 — Rba Hillsdale Investments LLC Akstein,ricardo B Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $370,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $510,000
      6.5%
      $475,000
      7%
      $440,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $537,000
      Market price range: $298k - $538k
      AI Estimate
      $537,000
      Market price range: $273k - $538k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $380,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $585,000
      Change: +53% Conversion: Difficult
      RETAIL STORES
      $570,000
      Change: +49% Conversion: Easy
      AUTO REPAIR, GARAGE
      $465,000
      Change: +22% Conversion: Difficult
      OFFICE BUILDING
      $360,000
      Change: -5% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Fayette
    State
    Georgia
    Longitude
    -84.4497
    Latitude
    33.4602
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA 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
    2023
    $4,775
    $110,816
    $46,040
    $156,856
    -
    $277,040
    $115,100
    $392,140

    Comparable in this City

    • Value Estimation by Request
      1,387 SF

      245 Georgia E Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      245 Georgia E Ave, Fayetteville, GA 30214-1617
      View Details
    • Value Estimation by Request
      1,590 SF

      280 Jeff Davis Dr

      OFFICE/RESIDENTIAL (MIXED USE)
      280 Jeff Davis Dr, Fayetteville, GA 30214-1697
      View Details
    • Value Estimation by Request
      1,374 SF

      109 Old Sandy Crk Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      109 Old Sandy Crk Rd, Fayetteville, GA 30214-4546
      View Details
    • Value Estimation by Request
      2,774 SF

      910 Hwy 54th E

      OFFICE/RESIDENTIAL (MIXED USE)
      910 Hwy 54th E, Fayetteville, GA 30214-6808
      View Details
    • Value Estimation by Request
      1,470 SF

      135 Glynn N St

      OFFICE/RESIDENTIAL (MIXED USE)
      135 Glynn N St, Fayetteville, GA 30214-1619
      View Details
    • Value Estimation by Request
      2,332 SF

      850 Hwy 54th E

      OFFICE/RESIDENTIAL (MIXED USE)
      850 Hwy 54th E, Fayetteville, GA 30214-2219
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,700 SF

      6.3 Acres of Land

      6.3 acres of land available for sale.
      150 Old Highway 138, Fayetteville, GA 30214
      View Details
    • Contact for pricing
      1.01 Acres

      Fayetteville Mixed-Use Office Space

      Prime Fayetteville Office: Three Private Offices
      125 Walter Way, Fayetteville, GA 30214
      View Details
    • Contact for pricing
      32.60 Acres

      North Fayetteville Commercial Land

      32.6 acres, prime Fayette County location.
      0 Highway 314, Fayetteville, GA 30214
      View Details
    • $77,000
      1.42 Acres

      Fayetteville Land for Custom Home

      1.42 acre wooded lot in established Fayetteville neighborhood.
      120 Oak Ter, Fayetteville, GA 30214
      View Details
    • $715,000

      Land on Rivers Road

      Land available on Rivers Road in Fayetteville, Georgia.
      455 Rivers Rd, Fayetteville, GA 30214
      View Details

    Similar Nearby for Lease

    • $3,500 /Mo

      Fayetteville Office Space For Lease

      Repurposed office building available for lease in Fayetteville, GA.
      192 Weatherly Dr, Fayetteville, GA 30214
      View Details
    • New
      $1,950 /Mo
      1,250 SF

      Fayetteville Commercial Flex Space Available

      Flex space unit for lease in Fayetteville, Georgia.
      250 Robinson Dr, Fayetteville, GA 30214
      View Details
    • New
      $1,950 /Mo
      1,250 SF

      Warehouse Unit with Private Utilities

      Standalone warehouse unit with private electric, HVAC, and restroom, offering convenient on-site parking for industrial users.
      250 Robinson Dr, Fayetteville, GA 30214
      View Details
    • $14 SF/Yr

      Fayetteville Wellness Suites For Rent

      Move-in ready suites for wellness-oriented businesses near Atlanta Airport.
      98-128 N Park Dr, Fayetteville, GA 30214
      View Details
    • Contact for pricing
      42,000 SF

      Retail Space in Fayetteville, GA

      42,000 SF retail property available for lease.
      300 Pavilion Pkwy, Fayetteville, GA 30214
      View Details
    • $1,300 /Mo
      98,881 SF

      Fayetteville Office Space For Rent

      Office suite available in Fayetteville with excellent exposure.
      490 Bradley Dr, Fayetteville, GA 30214
      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.
    605 Jeff Davis Dr
    Fayetteville, GA 30214-1633
    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

    Thank You for Inquiry
    605 Jeff Davis Dr, Fayetteville, GA, 30214
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!