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    7664 Main St Woodstock, GA 30188
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    7664 Main St Woodstock, GA 30188

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    • Commercial land
    • 1,525 SF
    For Sale
    $1,500,000
    View Listing →
    Prime Corner Lot Opportunity For Sale
    $1,500,000
    1,525 SF

    Prime Corner Lot Opportunity

    3.1 acre corner lot near downtown Woodstock.

    7664 Main Street, Woodstock, GA 30188
    View Listing
    Property ID
    US22-1622802
    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 7664 Main St

    Year built
    1955
    Property size
    1,525 SF
    Property type
    Commercial land
    Property subtype
    Single family properties

    Description

    LOCATION, LOCATION, LOCATION This 3.1 (+/-) acre corner lot at the intersection of Main Street and Ridgewalk Parkway is the ideal location for development. The proximity to downtown Woodstock as well as the Outlet Shoppes of Atlanta and Costco can not be found anywhere else. So many options with an ... I/O Zoning, the possibilities are endless. This property also has a 3/1 Brick ranch with a full unfinished basement that could be used for business or residential purposes.

    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
    Woodstock
    County
    Cherokee
    State
    Georgia
    Longitude
    -84.5155374
    Latitude
    34.1141009

    Comparable in this City

    • $2,535,000
      17.00 Acres

      Woodstock Land For Sale

      17-acre tract suitable for neighborhood or commercial development.
      Hickory Flat Hwy, Woodstock, GA 30188
      View Details
    • Contact for pricing

      Prime Land in Growing Area

      Commercial land with high visibility and strong demographics.
      7853 Hickory Flat Hwy, Woodstock, GA 30188
      View Details
    • Contact for pricing

      Commercial Lot For Sale

      Commercial lot ideal for service business, office, or showroom.
      119 Colony Center Dr, Woodstock, GA 30188
      View Details
    • $1,250,000

      Downtown Woodstock Development Site

      Prime development site in downtown Woodstock, Georgia.
      8420-8434 Main St, Woodstock, GA 30188
      View Details

    Similar Nearby for Sale

    • $6,936,000
      27.20 Acres

      27.2 Acres Prime Commercial Land

      Exceptional commercial development potential in fast-growing Cherokee County.
      643 N Rope Mill Rd, Woodstock, GA 30188
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    • $444,600
      2,027 SF

      Commercial Land in Growing Woodstock

      Commercial land for sale in a growing Woodstock location.
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    • $365,000
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      Prime Commercial Land, High Visibility

      One-acre commercial land with high traffic and essential utilities.
      Ga-92 Hwy, Woodstock, GA 30188
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    • $1,100,000

      Commercial Site with Outdoor Storage

      3-acre commercial site with office building and expansive yard.
      7919 Hickory Flat Hwy, Woodstock, GA 30188
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    Similar Nearby for Lease

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      Downtown Woodstock Commercial Space Available

      New 1,001 SF commercial space in Downtown Woodstock.
      60 Linton St, Woodstock, GA 30188
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      Office Space Build-to-Suit Opportunity

      Build-to-suit office space for lease, ideal for medical tenant.
      640 Claremore Professional Way, Woodstock, GA 30188
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    • Contact for pricing

      Professional Office Space in Woodstock

      Office space in professional setting with shared common area.
      145 Towne Lake Pkwy, Woodstock, GA 30188
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      Retail Center on West Emory

      Retail suites available in Powell Place Shopping Center.
      9740 Main St, Woodstock, GA 30188
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    • Contact for pricing

      Woodstock Flex Warehouse and Office

      Class A flex warehouse and office space for lease.
      229 Arnold Mill Rd, Woodstock, GA 30188
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      1,622 SF

      Woodstock Flex/Industrial Space Available

      Flex/industrial space available for lease in Woodstock, Georgia.
      329 Bell Park Dr, Woodstock, GA 30188
      View Details
    View Listing
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    7664 Main St
    Woodstock, GA 30188
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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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