Add Listing
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

    Veterans Pkwy N, GA

    • Commercial land
    • 1.11 lot acres
    OFF-MARKET
    Last Sale
    Jun 13, 2024
    $836,000
    Value Estimations
    $835,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-4009808
    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

    • Commercial land

    Property Details for Veterans Pkwy

    Lot size
    1.11 lot acres
    Property type
    Commercial land
    APN
    M048B 003B
    APU
    M048B003B

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $835,000
      ML approach
      $835,000

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

    Location Insight

    • Map
    • Local Demand
    City
    N
    County
    Colquitt
    State
    Georgia
    Longitude
    -83.7692
    Latitude
    31.1998
    CBSA code
    34220
    CBSA name
    MOULTRIE, GA MICROPOLITAN 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
    $1,635
    $48,840
    $0.00
    $48,840
    -
    $122,100
    $0.00
    $122,100

    Comparable in this City

    • Value Estimation by Request
      3.45 Acres

      Hollz Pkwy, GA

      VACANT COMMERCIAL LAND • 3.45 Acres
      Hollz Pkwy, GA
      View Details
    • Value Estimation by Request
      5.89 Acres

      Tallokas Rd, GA

      VACANT COMMERCIAL LAND • 5.89 Acres
      Tallokas Rd, GA
      View Details
    • Value Estimation by Request
      1.11 Acres

      Carl Vinson Pkwy, GA

      VACANT COMMERCIAL LAND • 1.11 Acres
      Carl Vinson Pkwy, GA
      View Details
    • Value Estimation by Request
      0.38 Acres

      Trickum Rd, GA

      VACANT COMMERCIAL LAND • 0.38 Acres
      Trickum Rd, GA
      View Details
    • Value Estimation by Request
      1.00 Acre

      Morningside Dr, GA

      VACANT COMMERCIAL LAND • 1.00 Acre
      Morningside Dr, GA
      View Details
    • Value Estimation by Request
      3.05 Acres

      Us Hwy 319

      VACANT COMMERCIAL LAND • 3.05 Acres
      Us Hwy 319, S, GA
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,616 SF

      Retail Building on 4.7 Acres

      Retail building with land, near Interstate 20 and Atlanta.
      11625 Veterans Memorial Hwy, Douglasville, GA
      View Details
    • $1,850,000

      Corner Lot Development Opportunity

      Prime corner lot suitable for gas station, restaurant, offices.
      Se & Avondale Blvd SE, Conyers, GA
      View Details
    • Contact for pricing

      Milledgeville Land for Professional Office

      Five lots ideal for professional office, convenient to downtown.
      405 Meadow Ridge Cir, Milledgeville, GA
      View Details
    • $4,256,800

      Dawsonville Land Parcel For Sale

      Two land sites totaling 9.37 acres near GA Hwy 400.
      Parker Frst Dr, Dawsonville, GA
      View Details
    • Contact for pricing

      Highway 411 Industrial Development Land

      Industrial development land near Highway 411, Kingston, Georgia.
      Hwy 411, Kingston, GA
      View Details
    • $79,650

      Commercial Land Parcels Available

      Multiple commercial land parcels for sale in Roberta, Georgia.
      Rigdon Rd, Roberta, GA
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Rincon Land Parcel For Rent

      Land parcel with high visibility and traffic volume available for rent.
      6652 Ga-21, Rincon, GA
      View Details
    • Contact for pricing

      Acworth Land for Lease

      0.748 acre commercial land available for lease in Acworth.
      5040 Proctor Landing Rd, Acworth, GA
      View Details
    • Contact for pricing

      Commercial Pad Site For Rent

      Commercial pad site with high visibility and traffic counts.
      516 Old Historic U.S 441, Cornelia, GA
      View Details
    • Contact for pricing

      Rincon Land with High Visibility

      Land with excellent visibility and high traffic volume in Rincon.
      6650 Ga-21, Rincon, GA
      View Details
    • Contact for pricing

      Locust Grove Retail Opportunity

      Retail and restaurant space for lease near Tanger Outlets.
      Tanger Blvd & Hwy 42, Locust Grove, GA
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      Commercial land available for ground lease or build-to-suit.
      Veterans Pkwy, Savannah, GA
      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.
    Veterans Pkwy
    N, GA
    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.
    Sign Up Successful!
    You now have access to more from Realmo!