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    W Main St Manchester, GA 31816
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    W Main St, Manchester, GA 31816

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    • Commercial land
    • 0.23 lot acres
    For Sale
    $280,020
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    10.77 Acres Near Highway 85 For Sale
    $280,020
    10.77 Acres

    10.77 Acres Near Highway 85

    10.77 acres of land less than 0.5 miles from Hwy 85.

    W Main St, Manchester, GA
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    Property ID
    US22-0806799
    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 W Main St

    Lot size
    0.23 lot acres
    Zone code
    1
    Property type
    Commercial land
    APN
    MA13- -226
    APU
    MA13226

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 25, 2025 $6,282,000 142 West Main LLC F&m Bank & Trust Co Deed $2.1M · Gulf Atlantic Bank
    Sep 11, 2025 — Patrick Anderson Wasden Anderson Wasden Howell Quitclaim Deed —
    Oct 17, 2024 — James A Pearson James A Pearson Quitclaim Deed · related —
    Oct 3, 2024 — 1000 W Main LLC — Deed · related $3M · Cadence Bank
    Jan 29, 2024 $105,000 David Mckeehan Alma Virginia Wright Trust Deed · related —
    Nov 14, 2023 $50,000 Level And Square Enterprises LLC James Mark King Warranty Deed —
    Aug 16, 2023 $39,281 Revival Funeral Home LLC Evans & Smith Properties LLC Deed —
    May 2, 2023 — Creek Corner Holdings LLC Meriwether County Tax Commissioner Deed · related —
    Mar 22, 2023 $50,000 Rhona Ali Jack Youkhanna Warranty Deed —
    Mar 6, 2023 $50,000 David J Pengelly Gregory A Henry Warranty Deed —
    Sep 14, 2022 $48,450 Cheryl Shohfi Michael E Johnson Warranty Deed —
    Sep 14, 2022 $36,550 Cheryl Shohfi Sara Brown Johnson Trust Warranty Deed —
    Jan 12, 2022 — Alma Virginia Wright Sara Brown Johnson Warranty Deed —
    Dec 23, 2021 $75,000 David J Pengelly Wells Fargo Bank NA Warranty Deed $79k · Branch Banking And Trust
    Sep 18, 2021 — 1000 W Main LLC Reames Property Holdings LLC Deed —
    Apr 28, 2021 — 1000 W Main LLC Global Track Property USA INC Quitclaim Deed · related —
    Apr 28, 2021 $2,700,000 1000 W Main LLC Global Track Property USA INC Grant Deed —
    Aug 28, 2020 — Mohammad Tariq C & M Real Estate INC Grant Deed · related —
    Apr 7, 2020 — Evans & Smith Properties LLC James T Evans JR. Quitclaim Deed · related $223k · F & M Bk & Tr Co
    Mar 26, 2019 $115,000 Daniel Palmer Susannah Dobbs Foundation INC Grant Deed —
    Mar 7, 2019 — Reames Property Holdings LLC Reeves,kenslei Grant Deed · related —
    Nov 30, 2018 $522,500 Bonnie Reeves Sivell Farms Ptshp Lllp Grant Deed —
    Aug 2, 2018 — Janicee T Wilson Wilson,janice T Quitclaim Deed · related —
    Nov 29, 2017 — Foster Real Estate Props INC Taylor-foster Realty LP Quitclaim Deed · related —
    Nov 21, 2017 $71,100 Ranger Fueling Services LLC Mfa Oil Co Grant Deed · related $2.1M · United Bk
    Nov 16, 2016 $100,000 Cox Funeral Home F & M Bk & Trust Co Grant Deed —
    Jun 29, 2016 $52,300 Igg LLC Terreck Holdings LLC 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
    Manchester
    County
    Meriwether
    State
    Georgia
    Longitude
    -84.6183
    Latitude
    32.8535
    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
    $378
    $7,800
    $0.00
    $7,800
    -
    $19,500
    $0.00
    $19,500

    Comparable in this City

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      0.06 Acres

      Main St

      VACANT COMMERCIAL LAND
      Main St, Manchester, GA 31816
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      0.05 Acres

      Main St

      VACANT COMMERCIAL LAND
      Main St, Manchester, GA 31816
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      Phil Howe Rd

      VACANT COMMERCIAL LAND
      Phil Howe Rd, Manchester, GA 31816
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      0.18 Acres

      Martin Luther King J Dr

      VACANT COMMERCIAL LAND
      Martin Luther King J Dr, Manchester, GA 31816
      View Details
    • Value Estimation by Request
      0.58 Acres

      720 Warm Spgs Hwy

      VACANT COMMERCIAL LAND
      720 Warm Spgs Hwy, Manchester, GA 31816-1147
      View Details
    • Value Estimation by Request
      0.10 Acres

      2nd St

      VACANT COMMERCIAL LAND
      2nd St, Manchester, GA 31816
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.41 Acres

      Land For Sale, Manchester, GA

      Commercial land available in Manchester, Georgia.
      W Main St, Manchester, GA 31816
      View Details
    • $199,000
      13.27 Acres

      Commercially Zoned Land For Sale

      13.27 acres of commercially zoned land ready for development.
      13.27 Acres Roosevelt Hwy, Manchester, GA 31816
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    • $30,000

      Three City Lots on Main

      Three adjacent city lots available on Main Street.
      6 7 & 8, Manchester, GA 31816
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    • Contact for pricing

      Meriwether Industrial Park Land Parcel

      15.38 acre land parcel adjacent to Meriwether Industrial Park.
      Horizon Way, Manchester, GA 31816
      View Details
    • Contact for pricing

      Acre of Land in Manchester

      One acre parcel adjacent to Meriwether Industrial Park.
      Highway 85, Manchester, GA 31816
      View Details
    • Contact for pricing

      Meriwether Industrial Park Land

      20.75 acre land parcel adjacent to industrial park.
      Hwy 85 & Horizon Way, Manchester, GA 31816
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,500 SF

      Dominant Retail Center For Rent

      Anchored by Roses, newly renovated shopping center available for rent.
      1130 Warm Springs Hwy, Manchester, GA 31816
      View Details
    • Contact for pricing
      4,128 SF

      Downtown Manchester Corner Retail Space

      Restored, renovated retail space in downtown Manchester available for lease.
      101 W Main St, Manchester, GA 31816
      View Details
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    Manchester, GA 31816
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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.

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