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    723 Robinson Ave Grovetown, GA 30813-2285
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    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
      $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
      0.42 Acres

      3389 Gordon Hwy

      VACANT COMMERCIAL LAND
      3389 Gordon Hwy, Grovetown, GA 30813
      View Details
    • Value Estimation by Request
      16.66 Acres

      2955 Gordon Hwy

      VACANT COMMERCIAL LAND
      2955 Gordon Hwy, Grovetown, GA 30813-3815
      View Details
    • Value Estimation by Request
      0.39 Acres

      703 Robinson Ave

      VACANT COMMERCIAL LAND
      703 Robinson Ave, Grovetown, GA 30813-2285
      View Details
    • Value Estimation by Request
      1.19 Acres

      3357 Gordon Hwy

      VACANT COMMERCIAL LAND
      3357 Gordon Hwy, Grovetown, GA 30813-3540
      View Details

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    • $270,000
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      Grovetown Land For Sale

      1.6 acre lot with sewer line and road frontage.
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      7.93 Acres Grovetown Retail Land

      7.93 acres of commercial land near I-20 in Grovetown.
      450 Lewiston Rd, Grovetown, GA 30813
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      Commercial Land Near Fort Eisenhower

      High-traffic commercial land with quick access to I-20.
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      Commercial Lot Near Retail Hub

      1.02 acre commercial lot near major retail development.
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    Similar Nearby for Lease

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      Commercial Land Parcels For Lease

      Available commercial land parcels suitable for various business uses.
      457 Park 20 W, Grovetown, GA 30813
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      Grovetown Commercial Land For Rent

      1.06 AC commercial land with utilities in place.
      428 Lewiston Rd, Grovetown, GA 30813
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      Office Suites For Rent

      Two individual office suites available for rent, utilities included.
      5025 Parham Rd, Grovetown, GA 30813
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    • 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
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    • 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
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    • $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
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    Grovetown, GA 30813-2285
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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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    723 Robinson Ave, Grovetown, GA, 30813
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