Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1029 N Hist Highway 441 Demorest, GA 30535

    View on Map
    Claim this Listing
    For Sale
    $374,900

    COMMERCIAL - Demorest, GA

    Property size:
    1,087 SF
    Lot size:
    2.42 Acres
    Price / SF:
    $344/SF
    Added:
    Jul 29, 2025
    Days on Market:
    273
    Last Refresh:
    Apr 27 at 8:06 am

    Property Features for 1029 N Hist Highway 441

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    075 034
    Size
    1,087 SF
    Lot size
    2.42 Acres

    Taxes and HOA fees

    Tax Year
    2021
    Tax Annual Amount
    3317

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1937
    Building materials
    Frame

    We can help!

    Listing Contact
    Andrea Hunnicutt

    Listing agent Andrea Hunnicutt License #359800

    Listing office Headwaters Realty 112 Spring Street, Clarkesville, GA

    Listing date Jul 29, 2025

    MLS# 10581436

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Demorest Commercial Land For Sale

    This 2.42-acre commercial land is located in Demorest, GA. The property has frontage on Historic Highway 441 and Habersham Mills Rd. An older home and outbuildings are present on the buildable lot. All utilities are available to the property except sewer. The property offers an opportunity for business development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Demorest
    County
    Habersham
    State
    Georgia
    Longitude
    -83.534522
    Latitude
    34.587361

    Nearby Similar for Sale

    • $515,000

      Demorest Multifamily Investment Opportunity

      Two townhomes near downtown Demorest and Piedmont University.
      274 & 278 N Hazel Avenue, Demorest, GA 30535
      View Details
    • $1,010,000
      7,918 SF

      Demorest Medical Office Building

      Versatile medical office building with multi-use potential in Demorest.
      415 Fisk Avenue, Demorest, GA 30535
      View Details
    • $879,000
      3,924 SF

      Farmhouse on Rolling Pasture

      15.7+ acres with modern farmhouse, pool, and outbuildings.
      1780 Double Bridge Road, Demorest, GA 30535
      View Details
    • $500,000

      40 Acres in North Georgia

      Versatile 40-acre tract with creek, suitable for homesites or recreation.
      Twin River Orchard Road, Demorest, GA 30535
      View Details
    • $500,000

      Demorest, GA Land with Creek

      40+/- acre tract with creek, suitable for homesites or recreation.
      Twin River Orchard Road, Demorest, GA 30535
      View Details
    • $75,000

      Land in Gated Community

      2.22-acre lot in Habersham County with river access.
      Olde Rockhouse Lane, Demorest, GA 30535
      View Details
    • $149,900

      Soque Riverfront Acreage Opportunity

      Five-acre lot on the Soque River with waterfall views.
      Olde Rockhouse Lane lot: 4, Demorest, GA 30535
      View Details
    • $75,000

      Land in Gated Community

      2.22-acre lot in gated community near Soque River.
      Olde Rockhouse Lane, Demorest, GA 30535
      View Details
    • $2,100,000

      Chattahoochee Riverfront Recreational Land

      100+ acre property with 1,100 feet of river frontage.
      Twin River Orchard Road, Demorest, GA 30535
      View Details
    • $4,940,000

      Riverfront Land at River Confluence

      76-acre tract with frontage on two rivers near Metro Atlanta.
      Twin River Orchard Road, Demorest, GA 30535
      View Details
    • $249,900

      Land with Mountain Views

      8.27-acre property with mountain views in gated community.
      426 Rockhouse Crossing, Demorest, GA 30535
      View Details
    • $50,000

      Demorest, GA Cleared Land

      Cleared 1-acre lot ready for a new home.
      336 Mineral Springs Trail, Demorest, GA 30535
      View Details

    FAQs

    What type of property is this?
    Land - 2.42 acre commercial land with frontage on Highway 441.
    Where is this land located?
    The property is located at 1029 N Hist Highway 441 Demorest, GA.
    What is the asking price?
    The asking price for this property is $374,900.
    What are key features of this property?
    This property features: Prime location for business development with frontage on Historic Highway 441 and Habersham Mills Rd.; Over 2 acres of buildable land.; All utilities available except sewer.
    (706) 768-9124
    We can help!
    Listing Contact
    Andrea Hunnicutt
    Real Estate License ID: 359800
    Learn More
    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.
    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!