Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Towaliga Riv Dr Barnesville, GA 30204
    Back to Search
    Property profile & analytics

    Towaliga Riv Dr, Barnesville, GA 30204

    View on Map
    • Commercial real estate
    • 3,280 SF
    • 0.89 lot acres
    Off-Market
    Last Sale Aug 22, 2024
    $630,000
    Property ID
    US22-2687294
    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
    $630,000
    Show details
    Cap Rate Potential
    4.9%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Towaliga Riv Dr

    Year built
    1966
    Construction
    CONCRETE
    Lot size
    0.89 lot acres
    Zone code
    6
    Property type
    Commercial real estate
    APN
    013-018
    APU
    13018

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 22, 2024 $630,000 Mehran Management LLC Panosb LLC Warranty Deed —
    Apr 22, 2021 $620,000 Panosb LLC Hl Dolgen LLC Warranty Deed —
    Oct 19, 2020 — Hl Dolgen LLC Haralson Dg LLC Quit Claim Deed · related —
    Oct 19, 2020 $80,000 Hl Dolgen LLC Ricci L Estates Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $630,000
      ML approach
      $630,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $515,000
      6.5%
      $475,000
      7%
      $445,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Barnesville
    County
    Monroe
    State
    Georgia
    Longitude
    -84.0193
    Latitude
    33.1764
    CBSA code
    31420
    CBSA name
    MACON, 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
    $886
    $17,800
    $13,600
    $31,400
    -
    $44,500
    $34,000
    $78,500

    Comparable in this City

    • Value Estimation by Request
      5.67 Acres

      372 Atlanta St

      Commercial real estate
      372 Atlanta St, Barnesville, GA 30204
      View Details
    • Value Estimation by Request
      1,728 SF

      558 Highfalls Park Rd

      COMMERCIAL (GENERAL)
      558 Highfalls Park Rd, Barnesville, GA 30204-3055
      View Details
    • Value Estimation
      $3,910,000
      211,524 SF

      Matthews St

      COMMERCIAL (GENERAL)
      Matthews St, Barnesville, GA 30204
      View Details
    • Value Estimation by Request
      2,836 SF

      1481 Hwy 341st S

      COMMERCIAL (GENERAL)
      1481 Hwy 341st S, Barnesville, GA 30204-4045
      View Details
    • Value Estimation by Request
      15.01 Acres

      930 Hwy 36th W

      COMMERCIAL (GENERAL)
      930 Hwy 36th W, Barnesville, GA 30204-3716
      View Details
    • Value Estimation by Request
      1,250 SF

      826 Ingram Rd

      COMMERCIAL (GENERAL)
      826 Ingram Rd, Barnesville, GA 30204-3619
      View Details

    Similar Nearby for Sale

    • $1,200,000

      Developed Industrial Outdoor Storage Site

      5+/- acre developed industrial outdoor storage site ready for immediate use.
      116 Railroad St, Barnesville, GA 30204
      View Details
    • $3,800,000
      43,560 SF

      Barnesville Commercial Property For Sale

      Commercial property in Barnesville, Georgia, with seller financing options.
      985 Veterans Pkwy, Barnesville, GA 30204
      View Details
    • Contact for pricing

      2.87 Acre Zoned C3 Land

      2.87 acres, previously developed, zoned C3, multiple access points.
      314 College Dr, Barnesville, GA 30204
      View Details
    • $3,800,000
      43,560 SF

      Barnesville Storage Unit Complex

      Storage unit complex with income potential in a growing community.
      985 Veterans Pkwy, Barnesville, GA 30204
      View Details
    • Contact for pricing
      235,531 SF

      Spacious Industrial Buildings in Barnesville

      Two interconnected buildings totaling 235,531± SF available for sale.
      206 Mathews St, Barnesville, GA 30204
      View Details
    • Contact for pricing

      Highway Frontage Commercial Land

      Cleared commercial land with highway frontage, zoned C-2.
      117 Fellowship Dr, Barnesville, GA 30204
      View Details

    Similar Nearby for Lease

    • $13,500 /Mo
      270,943 SF

      Industrial Land with Storage Units

      6.2+/- acres with storage units and expansion potential.
      378 Fredonia Church Rd, Barnesville, GA 30204
      View Details
    • New
      $10,000 /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
    • Contact for pricing
      75,000 SF

      Industrial Space in Barnesville, Georgia

      60,000-75,000 SF industrial space with recent renovations.
      300 Rogers St, Barnesville, GA 30204
      View Details
    • $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
    • Contact for pricing

      Industrial Buildings with Recent Improvements

      Two interconnected industrial buildings totaling 235,531± SF available for lease.
      206 Mathews 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.
    Towaliga Riv Dr
    Barnesville, GA 30204
    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

    Thank You for Inquiry
    Towaliga Riv Dr, Barnesville, GA, 30204
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!