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    Highway 92 Acworth, GA 30102
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    Highway 92 Acworth, GA 30102

    View on Map
    • Hotels
    • 50,920 SF
    • 0.68 lot acres
    For Sale
    $795,000
    View Listing →
    Acworth Highway 92 Land Parcel For Sale
    $795,000

    Acworth Highway 92 Land Parcel

    Almost 2-acre commercial land parcel on Highway 92.

    0 Hwy 92, Acworth, GA 30102
    View Listing
    Property ID
    US22-1317971
    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

    • Appliance Direct Outlet / Home Appliance Store / Hardware & Home Improvement
    • Tacos El Sabor / Restaurant
    • Gotcha Covered Floor Covering / Carpet & Flooring Store / Hardware & Home Improvement
    • ATM / Atm
    • Jose material / Big Box & Wholesale Store / Construction Company

    Property Details for Highway 92

    Year built
    2017
    Construction
    STEEL FRAME
    Lot size
    0.68 lot acres
    Property size
    50,920 SF
    Zone code
    GC
    Property type
    Hotels
    Property subtype
    Motels
    APN
    21N06 039
    APU
    21N06039

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,325,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,324,000
      Market price range: $597k - $1.32M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $1,070,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Acworth
    County
    Cherokee
    State
    Georgia
    Longitude
    -84.6542
    Latitude
    34.0845
    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
    $72,625
    $140,483
    $2,622,698
    $2,763,181
    -
    $351,208
    $6,556,745
    $6,907,953

    Comparable in this City

    • Value Estimation
      $4,980,000
      123,432 SF

      5475 Wade Grn Rd

      HOTEL/MOTEL • 123,432 SF
      5475 Wade Grn Rd, Acworth, GA 30102-2311
      View Details
    • Value Estimation
      $840,000
      33,027 SF

      200 Northpoint Pkwy

      HOTEL/MOTEL • 33,027 SF
      200 Northpoint Pkwy, Acworth, GA 30102-2083
      View Details
    • Value Estimation
      $865,000
      20,394 SF

      184 Northpoint Way

      HOTEL/MOTEL • 20,394 SF
      184 Northpoint Way, Acworth, GA 30102-2084
      View Details
    • Value Estimation by Request
      15,476 SF

      164 Northpoint Way

      HOTEL/MOTEL • 15,476 SF
      164 Northpoint Way, Acworth, GA 30102-2084
      View Details
    • Value Estimation by Request
      2.30 Acres

      2279 Highway 92

      Specialty properties • 2.30 Acres
      2279 Highway 92, Acworth, GA 30102
      View Details
    • Value Estimation by Request
      0.30 Acres

      Hwy 92

      VACANT COMMERCIAL LAND • 0.30 Acres
      Hwy 92, Acworth, GA 30102
      View Details

    Similar Nearby for Sale

    • $500,000
      2.00 Acres

      Acworth Commercial Land - 2 Acres

      Prime Hwy 92 location, zoned NC
      0 Centennial Dr, Acworth, GA 30102
      View Details
    • $745,000
      81,457 SF

      Acworth Hwy 92 Development Land

      High-traffic commercial lot, near I-75 & I-575
      Highway 92, Acworth, GA 30102
      View Details
    • Contact for pricing

      Two-Building Industrial Park Available

      Industrial park with 171,326 SF available for sale or lease.
      5889 Old Alabama Rd, Acworth, GA 30102
      View Details
    • $750,000

      Acworth Commercial Property on Bells Ferry

      Corner lot on Bells Ferry Road with high-growth potential.
      6370 Bells Ferry Rd, Acworth, GA 30102
      View Details
    • $82,000
      0.79 Acres

      Land Near Allatoona Lake

      Land with storage building near Allatoona Lake and I-75.
      7303 Lucky Ln SE, Acworth, GA 30102
      View Details
    • $3,000,000
      13.83 Acres

      Acworth Land Ready for Development

      13.83 acre residential development opportunity near Lake Allatoona.
      4219 New Hope Church Rd SE, Acworth, GA 30102
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Rent

      Retail space available for rent at 6199 Hwy 92.
      6199 Highway 92, Acworth, GA 30102
      View Details
    • Contact for pricing

      Acworth Industrial Park For Lease

      Two-building industrial park with 50,000 - 200,386 SF available.
      5889 Old Alabama Rd, Acworth, GA 30102
      View Details
    • $15 SF/Yr

      Undeveloped Land on Highway 92

      Undeveloped commercial land for lease on Highway 92 in Acworth.
      2532 Georgia 92, Acworth, GA 30102
      View Details
    View Listing
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    Acworth, GA 30102
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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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