Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    723 Robinson Ave Grovetown, GA 30813-2285
    Back to Search
    Property profile & analytics

    723 Robinson Ave, Grovetown, GA 30813-2285

    View on Map
    • Commercial land
    • 13.67 lot acres
    Off-Market
    Property ID
    US22-1692299
    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

    • Commercial land

    Property Details for 723 Robinson Ave

    Lot size
    13.67 lot acres
    Zone code
    B-2
    Property type
    Commercial land
    APN
    078-0-004-00-0
    APU
    780004000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 30, 2022 — Jen Pcs LLC Mck&d LLC Warranty Deed —
    Feb 24, 2012 $275,100 Mck & D LLC Mangum,byron B JR Warranty Deed —
    Nov 12, 2007 — Bernard S Dunstan JR. Mangum,buron B JR Grant Deed · related —
    Jul 31, 2006 $747,450 Grovetown Centers LLC Mangum,byron Burton JR Grant Deed —

    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
    Grovetown
    County
    Richmond
    State
    Georgia
    Longitude
    -82.1767
    Latitude
    33.4385
    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
    $4,268
    $155,766
    $0.00
    $155,766
    -
    $389,415
    $0.00
    $389,415

    Comparable in this City

    • Value Estimation by Request
      19.23 Acres

      2933 Gordon Hwy

      VACANT COMMERCIAL LAND
      2933 Gordon Hwy, Grovetown, GA 30813-3815
      View Details
    • Value Estimation by Request
      2.79 Acres

      3337 Gordon Hwy

      VACANT COMMERCIAL LAND
      3337 Gordon Hwy, Grovetown, GA 30813-3540
      View Details
    • Value Estimation
      $3,160,000
      3.82 Acres

      5029 Parham Rd

      VACANT COMMERCIAL LAND
      5029 Parham Rd, Grovetown, GA 30813
      View Details
    • Value Estimation
      $1,525,000
      1.91 Acres

      724 Robinson Ave

      VACANT COMMERCIAL LAND
      724 Robinson Ave, Grovetown, GA 30813-2284
      View Details
    • Value Estimation by Request
      1.19 Acres

      3357 Gordon Hwy

      VACANT COMMERCIAL LAND
      3357 Gordon Hwy, Grovetown, GA 30813-3540
      View Details
    • Value Estimation by Request
      0.44 Acres

      3319 Gordon Hwy

      VACANT COMMERCIAL LAND
      3319 Gordon Hwy, Grovetown, GA 30813-3540
      View Details

    Similar Nearby for Sale

    • $675,000
      1.71 Acres

      Grovetown Land Near Kroger

      1.71 acres near Kroger Marketplace in Grovetown, Georgia.
      415 Lewiston Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Half Acre Commercial Site

      Commercial site near I-20, suitable for office or flex space.
      708 S Old Belair Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Prime Commercial Land for Development

      1.73 acre parcel in high-traffic area, ready for development.
      431 Park 20 W, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Prime Land on Gordon Highway

      Two lots suitable for office park or mixed-use development.
      3157 Gordon Hwy, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Prime Land Near Fort Gordon

      31 acres of multi-use land near Fort Gordon Gate 6.
      3221 Gordon Hwy, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Land on William Few Parkway

      Commercial land suitable for office, retail, or convenience store.
      2100 William Few Pkwy, Grovetown, GA 30813
      View Details

    Similar Nearby for Lease

    • 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
    • Contact for pricing

      Grovetown Commercial Land For Rent

      1.06 AC commercial land with utilities in place.
      428 Lewiston Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Office Suites For Rent

      Two individual office suites available for rent, utilities included.
      5025 Parham 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
      84,920 SF

      Industrial Parcel with Bottling Facility

      19.73-acre industrial parcel with two buildings for lease.
      6341 Natures Way, Grovetown, GA 30813
      View Details
    • $2,900 /Mo
      26,000 SF

      Grovetown Commercial Space Available

      Flex space with warehouse near Fort Gordon and manufacturers.
      784 Horizon Pkwy S, 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.
    723 Robinson Ave
    Grovetown, GA 30813-2285
    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
    723 Robinson Ave, Grovetown, GA, 30813
    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!