Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    946 Veterans Pkwy Barnesville, GA 30204-3771

    • Assisted living facilities
    • 24,590 SF
    • 5.40 lot acres
    OFF-MARKET
    Value Estimations
    $570,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1442297
    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

    • Clinical Labs / Medical Clinic
    • Integra Rehab / Medical Clinic
    • Heritage Inn of Barnesville / Nursing Home

    Property Details for 946 Veterans Pkwy

    Year built
    1978
    Construction
    WOOD
    Lot size
    5.40 lot acres
    Property size
    24,590 SF
    Zone code
    R1-B
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    B26-016
    APU
    B26016

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $570,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Barnesville
    County
    Lamar
    State
    Georgia
    Longitude
    -84.1499
    Latitude
    33.0358
    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
    $22,137
    $162,000
    $555,052
    $717,052
    -
    $405,000
    $1,387,630
    $1,792,630

    Comparable in this City

    • Value Estimation
      $1,830,000
      13,320 SF

      665 Gordon Rd

      HOMES (RETIRED, NURSING) • 13,320 SF
      665 Gordon Rd, Barnesville, GA 30204-3503
      View Details
    • Value Estimation by Request
      9,072 SF

      231 Hwy 41st N

      MEDICAL BUILDING • 9,072 SF
      231 Hwy 41st N, Barnesville, GA 30204-3650
      View Details
    • Value Estimation by Request
      2,452 SF

      100 Hwy 18th W

      MEDICAL BUILDING • 2,452 SF
      100 Hwy 18th W, Barnesville, GA 30204-1171
      View Details
    • Value Estimation by Request
      1,382 SF

      819 College Dr

      MEDICAL BUILDING • 1,382 SF
      819 College Dr, Barnesville, GA 30204-3508
      View Details
    • Value Estimation by Request
      2,015 SF

      251 Grv St

      MEDICAL BUILDING • 2,015 SF
      251 Grv St, Barnesville, GA 30204-1116
      View Details
    • Value Estimation by Request
      3,891 SF

      101 Houston St

      MEDICAL BUILDING • 3,891 SF
      101 Houston St, Barnesville, GA 30204-1660
      View Details

    Similar Nearby for Sale

    • $900,000
      21.87 Acres

      Prime Commercial Land on Highway

      21.87-acre commercial tract with high visibility and growth potential.
      Highway 341 S, Barnesville, GA 30204
      View Details
    • $299,100
      2,024 SF

      Downtown Barnesville Commercial Opportunity

      Turn-key sports bar/restaurant in downtown Barnesville, fully renovated and equipped.
      112 Main St, Barnesville, GA 30204
      View Details
    • $337,500
      Pending

      Barnesville Land For Sale

      4.5 acre corner lot zoned C-4 ready for development.
      Veterans Pkwy, Barnesville, GA 30204
      View Details
    • New
      $220,000
      10.00 Acres

      10 Acres Ready to Build

      10 acre tract with cleared field ready for your dream home.
      6 Ramah Church Rd, Barnesville, GA 30204
      View Details
    • Contact for pricing
      1,530.00 Acres

      Legacy Trade Center: Prime GA Land

      1,530 Acres Industrial Land, I-75 Access
      0 Highfalls Park Rd, Barnesville, GA 30204
      View Details
    • $2,650,000
      66,500 SF

      Industrial Warehouse with Highway Access

      Industrial warehouse with highway access, dock doors, and office space.
      Barnesville, GA 30204
      View Details

    Similar Nearby for Lease

    • $15,000 /Mo
      223,027 SF

      Industrial Outdoor Storage For Lease

      5.12 acres of industrial land for outdoor storage.
      388 Industrial Dr, Barnesville, GA 30204
      View Details
    • $4 SF/Yr
      235,531 SF

      Barnesville, GA Industrial Warehouse

      235,531 SF Warehouse, Distribution, Manufacturing
      206 Mathews St, Barnesville, GA 30204
      View Details
    • $15,000 /Mo
      217,800 SF

      Barnesville Truck Parking & Storage

      5.05 acre truck parking and industrial outdoor storage yard.
      116 Zebulon St, Barnesville, GA 30204
      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.
    946 Veterans Pkwy
    Barnesville, GA 30204-3771
    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.