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Macon
10796 Georgia Road
$105,000
● Land - Off Market

10796 Georgia Road

Otto, NC 28763
bedrooms
Studio
bathrooms
0 Bath
$616
Est. Monthly

About This Property

Great opportunity right on Georgia Rd with income producing billboard in place mere minutes from the Georgia/NC State line. Gently rolling 1.87+/- acre lot in prime commercial location.
Unit Size
-
Days on Market
76 days
Land Size
1.87 acres
Price per sqft
-
Property Type
Land
Property Taxes
$26
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 9 months ago (GAMLS #10533553)

Price History

Date / Event Date Event Price
Aug 13, 2025 Sold
Premium
Sold
Jul 19, 2025 In contract -
In contract
May 23, 2025 Listed by BHHS Georgia Properties $120,000
Listed by BHHS Georgia Properties
Apr 17, 2007 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 81,457
  • Lot Size Frontage Feet: 0
  • Total Building Area: 550
  • Building Area: 550
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 550
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: MULBERRY
  • Land Acres: 0000001870
  • Standard Land Use Code: 8002
  • County Land Use Code: 0503
  • Legal Description 1: MULBERRY

Neighborhood

  • School District Name: Macon County Schools
  • School Tax School District: F03 OTTO
  • Census Tract: 970700

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: MAP 6489
  • Account Number: 109336
  • District: 7
  • Parcel: 6489827473
  • Municipality: SMITHBRIDGE
  • Latitude: 35.0236
  • Longitude: -83.3815

    Address

  • Full Address: 10796 Georgia Rd
  • Address - House Number: 10796
  • Address - Street Name: Georgia
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Otto
  • Zip Code: 28763

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $31,415

    Market Valuation

  • Market Total Value: $92,670
  • Market Land Value: $91,670
  • Market Improvement Value: $1,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,670
  • Assessed Land Value: $91,670
  • Assessed Improvements Value: $1,000

    Sales

  • Current Sale Contract Date: Apr 16, 2007
  • Current Sale Recording Date: Apr 17, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20071868
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Macon

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$262

Below Asking

0.04%

Average Days on Market

98

Average Home Size

1860 ft²

Average Home Age

25 years

Currently For Sale

55 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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GAMLS

Listed by: Cody Stowers, BHHS Georgia Properties
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 10533553
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 10796 Georgia Road built and last sold?
The property at 10796 Georgia Road was built in 1962 and last sold on Apr 16, 2007 for $68,000.
How much is this home worth?
The estimated value of the home located at 10796 Georgia Road is $121,200.
What are some comparable homes to 10796 Georgia Road?
There are currently no comparable homes to 10796 Georgia Road.
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