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Madison 30530
632 Neese Commerce Road
$259,900
● House - Off Market

632 Neese Commerce Road

Commerce, GA 30530
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$1,300
Est. Monthly
9.13%
Cap Rate

About This Property

Come enjoy living in the comfort of Madison County.  Just minutes to the outlet mall in Commerce. Only 8 years NEW. Home features open concept with the family room and kitchen with bar. Split bedroom plan.  New walk in  shower installed in master bath with new vanity and new toilet,  Hall bath also has a new vanity with new toilet.  New ROOF and gutters and new front and back entry doors plus storm doors.  Seperate storage building.  Level huge lot approx 1.9+- acres with open and woods.  This is waiting for you to call home.  Home qualifies for USDA 100% financing.  VA, FHA  Conv --Permanent foundation. Seller said there is not a chicken house in operation across and down the road.  Verify for yourself. Maybe just an old one they are using for hay or something. Better hurry before this one is gone!!!
Unit Size
1,344 Ft²
Days on Market
56 days
Land Size
1.92 acres
Price per sqft
$193
Property Type
House
Property Taxes
$23
HOA Dues
-
Year Built
-

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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: 2 years ago (GAMLS #10526287)

Price History

Date / Event Date Event Price
Jul 15, 2025 Sold
Premium
Sold
Jun 13, 2025 In contract -
In contract
May 16, 2025 Listed $259,900
Listed
Aug 17, 2022 Sold
Premium
Sold
Jun 20, 2022 Listed $230,000
Listed
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • 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: 83,635
  • Total Building Area: 0
  • Gross Building Area: 1,344
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000001920
  • Standard Land Use Code: 8008
  • County Land Use Code: A4
  • Legal Description 1: TRACT 4

Neighborhood

  • School District Name: Madison County School District
  • School Tax School District: 01-COUNTY
  • Census Tract: 020100

Zoning

  • Zoning: A1

Geography

  • Account Number: 15400
  • Subdivision Tract Number: 4
  • Parcel: 0003 002
  • Municipality: COUNTY
  • Latitude: 34.1689
  • Longitude: -83.3648

    Address

  • Full Address: 632 Neese Commerce Rd
  • Address - House Number: 632
  • Address - Street Name: Neese Commerce
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Commerce
  • Carrier Code: R004
  • 4-Digit Zip Code: 4545
  • Zip Code: 30530

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $32,969
  • Tax Rate Code Area: 01-COUNTY

    Market Valuation

  • Market Total Value: $27,001
  • Market Land Value: $27,001

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,800
  • Assessed Land Value: $10,800

    Sales

  • Current Sale Contract Date: Aug 10, 2022
  • Current Sale Recording Date: Aug 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-001119
  • Previous Sale Recording Date: Nov 11, 2016
  • Previous Sale Contract Date: Nov 11, 2016
  • Previous Sale Amount: $15,500
  • Previous Sale Document Type: 71
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 Madison

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$189

Below Asking

0.03%

Average Days on Market

86

Average Home Size

2222 ft²

Average Home Age

30.8 years

Currently For Sale

111 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: Cindy Davila,
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10526287
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 632 Neese Commerce Road built and last sold?
The property at 632 Neese Commerce Road was built in and last sold on Aug 10, 2022 for $230,000.
How much is this home worth?
The estimated value of the home located at 632 Neese Commerce Road is $0.
What are some comparable homes to 632 Neese Commerce Road?
There are currently no comparable homes to 632 Neese Commerce Road.
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