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    For Sale (39)

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    Ellijay Vacant Lot in Resort
    Contact for pricing
    0.50 Acres

    Ellijay Vacant Lot in Resort

    Vacant lot in gated community with resort-style amenities.

    171 Beaver Lake Dr, Ellijay, GA 30540
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    Ellijay, GA Vacant Lot
    Contact for pricing
    0.63 Acres

    Ellijay, GA Vacant Lot

    Vacant lot in resort with mountain view and amenities.

    260 Catawba Cir, Ellijay, GA 30540
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    Residential Lot in Resort Community
    Contact for pricing
    0.51 Acres

    Residential Lot in Resort Community

    Vacant lot in Ellijay's Coosawattee River Resort.

    Mohawk Trl, Ellijay, GA 30540
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    Wooded Lot in Ellijay, GA
    Contact for pricing
    0.92 Acres

    Wooded Lot in Ellijay, GA

    0.92 acre wooded lot with Coosawattee amenities.

    2628 Garnet Dr, Ellijay, GA 30540
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    Riverfront Lot in Ellijay, GA
    $139,900
    1.10 Acres

    Riverfront Lot in Ellijay, GA

    Beautiful riverfront lot with 300+ feet of waterfront.

    2486 Novena Ct, Ellijay, GA 30540
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    Residential Lot in Gated Community
    Contact for pricing
    0.50 Acres

    Residential Lot in Gated Community

    Sloping lot in Coosawattee River Resort with mountain view.

    1198 Lancer Ct, Ellijay, GA 30540
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    40-Acre Family Farm Opportunity
    $599,900
    40.09 Acres

    40-Acre Family Farm Opportunity

    40-acre farm with pasture, creek, and rental income potential.

    7589 Tails Creek Rd, Ellijay, GA 30540
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    Ellijay, GA Vacant Lot
    Contact for pricing
    0.60 Acres

    Ellijay, GA Vacant Lot

    0.6 acre vacant lot with resort amenities in Ellijay.

    2246 Palisade Dr, Ellijay, GA 30540
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    Residential Lot in Gated Community
    Contact for pricing
    0.50 Acres

    Residential Lot in Gated Community

    Vacant lot with easy access and resort-style amenities.

    264 Zenith Trl, Ellijay, GA 30540
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    Ranger, GA Vacant Lot
    Contact for pricing
    1.33 Acres

    Ranger, GA Vacant Lot

    Vacant lot with resort amenities near Jasper, Ellijay, and Blue Ridge.

    797 Woodbine Ln, Ranger, GA 30734
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    Ellijay Vacant Lot in Georgia
    Contact for pricing
    1.30 Acres

    Ellijay Vacant Lot in Georgia

    Build your mountain retreat in Carters Lake Estates community.

    156 Drena Dr, Ellijay, GA 30540
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    Ellijay Vacant Lot with Creek
    $55,900
    1.63 Acres

    Ellijay Vacant Lot with Creek

    1.63 acre building lot with creek in Ellijay, Georgia.

    52 Llama Ln, Ellijay, GA 30540
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    Ellijay Vacant Lot with Creek
    $42,900
    1.44 Acres

    Ellijay Vacant Lot with Creek

    1.44 acre building lot near Ellijay with creek access.

    53 Llama Ln, Ellijay, GA 30540
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    Residential Lot in Ellijay, GA
    Contact for pricing
    1.04 Acres

    Residential Lot in Ellijay, GA

    Vacant lot with resort amenities near recreation center.

    278 Guidon Ct, Ellijay, GA 30540
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    Land for Sale in Ellijay
    $35,000
    2.64 Acres

    Land for Sale in Ellijay

    2.64 acres of land with paved road frontage.

    14 Abbott Mill Rd, Ellijay, GA 30540
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    Ellijay, GA Vacant Lot
    $42,500
    1.80 Acres

    Ellijay, GA Vacant Lot

    Upsloping 1.8-acre lot in Falling Waters community.

    L176 Trailwood Dr, Ellijay, GA 30536
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    Affordable Office Space Available Now
    Contact for pricing
    70 SF

    Affordable Office Space Available Now

    Move-in ready office space with utilities and internet included.

    443 Pleasant Grove Rd, Ellijay, GA 30540
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    Ellijay Vacant Lot Ready to Build
    Contact for pricing
    0.44 Acres

    Ellijay Vacant Lot Ready to Build

    0.44 acre lot with soil test and house plans.

    133 Shiloh Ct, Ellijay, GA 30540
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    Ellijay Vacant Lot in Resort
    Contact for pricing
    0.50 Acres

    Ellijay Vacant Lot in Resort

    Private, level lot in Coosawattee River Resort.

    666 Abbey Ct, Ellijay, GA 30540
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    Affordable Office Space Available Now
    Contact for pricing
    80 SF

    Affordable Office Space Available Now

    Quiet, clean office space with utilities and internet included.

    443 Pleasant Grove Rd, Ellijay, GA 30540
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    Affordable Office Space Available Now
    Contact for pricing
    1.56 Acres

    Affordable Office Space Available Now

    Clean, quiet office space with utilities and internet included.

    443 Pleasant Grove Rd, Ellijay, GA 30540
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    Ellijay, GA Upsloping Vacant Lot
    $42,500
    2.00 Acres

    Ellijay, GA Upsloping Vacant Lot

    Upsloping vacant lot in Falling Waters community near Ellijay.

    Lt175 Trailwood Dr, Ellijay, GA 30536
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    Ellijay Vacant Lot with Amenities
    $49,900
    0.71 Acres

    Ellijay Vacant Lot with Amenities

    0.71 acre lot with resort amenities and mountain views.

    1145 Monet Dr, Ellijay, GA 30540
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    Affordable Office Space Available Now
    Contact for pricing
    55 SF

    Affordable Office Space Available Now

    Clean, quiet office space with utilities and internet included.

    443 Pleasant Grove Rd, Ellijay, GA 30540
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    Ellijay Wooded Lot Opportunity
    $52,900
    2.81 Acres

    Ellijay Wooded Lot Opportunity

    Wooded lot near downtown Ellijay, ideal for home or getaway.

    12 North Ridge Dr, Ellijay, GA 30540
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    Coosawattee River Resort Building Site
    $39,900
    0.74 Acres

    Coosawattee River Resort Building Site

    Vacant lot in resort with river and mountain views.

    1375 Lyric Ln, Ellijay, GA 30540
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    Commercially Zoned Riverfront Land
    $400,000
    0.89 Acres

    Commercially Zoned Riverfront Land

    Prime commercial land with river frontage in Ellijay, Georgia.

    825 Main St, Ellijay, GA 30540
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    Ellijay Vacant Lot For Sale
    Contact for pricing
    0.55 Acres

    Ellijay Vacant Lot For Sale

    Upslope building lot near river in Ellijay, Georgia.

    1667 Fugue Dr, Ellijay, GA 30540
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    Ellijay, GA Vacant Lot
    Contact for pricing
    0.59 Acres

    Ellijay, GA Vacant Lot

    Upslope lot near downtown, shopping, restaurants, and wineries.

    M212e Walnut Ridge Ln, Ellijay, GA 30540
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    Ellijay, GA Vacant Lot
    $30,000
    2.22 Acres

    Ellijay, GA Vacant Lot

    2.22 acre vacant lot with creek near city limits.

    3505r Castle Ct, Ellijay, GA 30540
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    Upslope Building Lot Near Creek
    Contact for pricing
    1.92 Acres

    Upslope Building Lot Near Creek

    Vacant lot near Talking Rock Creek with resort amenities.

    815 Lonsdale Ln, Ranger, GA 30734
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    Talking Rock Acreage with Creek
    $619,447
    56.83 Acres

    Talking Rock Acreage with Creek

    56+ acres with creek, suitable for mountain getaway or farm.

    56 Acres Old Hwy 5S, Talking Rock, GA 30175
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    Beautiful Riverfront Lot For Sale
    $139,900

    Beautiful Riverfront Lot For Sale

    Riverfront lot with over 300 feet of waterfront.

    2486 Novena Ct, Ellijay, GA 30540
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    40 Acre Family Farm Opportunity
    $599,900

    40 Acre Family Farm Opportunity

    40-acre family farm with rental income potential near town.

    7589 Tails Creek Rd, Ellijay, GA 30540
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    Land Near Recreation Center
    Contact for pricing

    Land Near Recreation Center

    Land lot near resort amenities and recreation center.

    278 Guidon Ct, Ellijay, GA 30540
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    Land Parcel with Creek
    $30,000

    Land Parcel with Creek

    2.22 acre land parcel featuring a creek.

    3505R Castle Ct, Ellijay, GA 30540
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    Land For Sale in Ellijay
    Contact for pricing

    Land For Sale in Ellijay

    Land available in Gilmer County, Ellijay, Georgia.

    1667 Fugue Dr, Ellijay, GA 30540
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    Land For Sale in Ellijay
    $52,900

    Land For Sale in Ellijay

    Land available in Gilmer County, Ellijay, Georgia.

    12 North Ridge Dr, Ellijay, GA 30540
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    Land for Sale in Ellijay
    $42,500

    Land for Sale in Ellijay

    Land available in Gilmer County, Ellijay, Georgia.

    L176 Trailwood Dr, Ellijay, GA 30536
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    Woodland Realty
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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.

    More about this property
    Woodland Realty
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