Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • 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

    12 Oak Pointe Dr Hiawassee, GA 30546

    Sponsored
    For Sale
    Under Contract
    $44,900

    Vacant Lot - Hiawassee, GA

    Lot size:
    0.88 Acres
    Days on Market:
    7
    Last Refresh:
    Feb 24 at 2:06 am

    Property Features for 12 Oak Pointe Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    0044B058M
    Lot size
    0.88 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Benny Kimsey
    Benny Kimsey

    REMAX Town & Country (770) 596-6599

    Listing agent Benny Kimsey (706) 896-8097

    Listing date Feb 18, 2026

    MLS# 424973 Listing URL

    Copyright © 2026 Northeast Georgia Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Hiawassee Vacant Lot For Sale

    This 0.88-acre vacant lot is located in a development featuring quality homes. The property benefits from paved roads and underground utilities. The lot has a gentle slope. Situated in a community suitable for walks and quiet enjoyment, it is located minutes from Hiawassee, Lake Chatuge, and various recreational opportunities. The property is located in Hiawassee, Georgia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hiawassee
    County
    Towns
    State
    Georgia
    Longitude
    -83.7587101
    Latitude
    34.932991

    Nearby Similar for Sale

    • $825,000
      Pending

      Hiawassee Mountain Compound

      Versatile mountain property with income potential near Lake Chatuge.
      441 Mull Rd, Hiawassee, GA 30546
      View Details
    • $825,000
      Pending

      Hiawassee Mountain Compound with Income

      Versatile mountain property with main house, apartment, and guest house.
      441 Mull Rd, Hiawassee, GA 30546
      View Details
    • $375,000
      1.40 Acres

      Mountain Retreat Multi-Family Home

      Charming multi-level home in Bald Mountain Park, Hiawassee, GA.
      4113 White Oak Dr, Hiawassee, GA 30546
      View Details
    • $79,999
      1.43 Acres

      Unrestricted Lot with Existing Utilities

      1.43 acre lot with utilities ready for RV or home.
      4730 Laurel Mountain Rd, Hiawassee, GA 30546
      View Details
    • $349,000
      3.34 Acres

      Unrestricted Property with Highway Frontage

      Versatile property suitable for residential or commercial use.
      795 Sunnyside Rd, Hiawassee, GA 30546
      View Details
    • Contact for pricing
      0.05 Acres

      Commercial Garage with Highway Frontage

      650 sq ft commercial garage with excellent highway frontage.
      1753b1 Highway 76 E, Hiawassee, GA 30546
      View Details
    • $599,000
      2,304 SF

      Prime Corner Commercial Opportunity

      High-traffic corner lot in Hiawassee, suitable for retail/restaurant.
      81 River St N, Hiawassee, GA 30546
      View Details
    • $599,000
      0.46 Acres

      Prime Corner Lot in Hiawassee

      Corner lot ideal for restaurant, retail, or mixed-use development.
      81 River St, Hiawassee, GA 30546
      View Details
    • $329,900
      0.59 Acres

      Lake Access Lot in Hiawassee

      Level lot with deeded boat slip in gated community.
      #2A/B Tranquil Pointe Ln, Hiawassee, GA 30546
      View Details
    • $450,000
      2,325 SF

      Hiawassee Retail Property - Lakefront Charm

      Thriving Day Spa & Boutique, High Visibility
      2226 Ridgecrest Cir, Hiawassee, GA 30546
      View Details
    • $4,950,000
      9,400 SF

      Tranquille Resort: Lake Chatuge Retreat

      Profitable Mountain Resort: 7 Cabins, High Occupancy
      834 Lower Bell Creek Rd, Hiawassee, GA 30546
      View Details
    • $225,000
      0.70 Acres

      Hiawassee Commercial Land Opportunity

      High-traffic lot near Lake Chatuge.
      1870 State Hwy 75, Hiawassee, GA 30546
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Vacant lot in established community near Lake Chatuge.
    Where is this residential land & home lot located?
    The property is located at 12 Oak Pointe Dr Hiawassee, GA.
    What is the asking price?
    The asking price for this property is $44,900.
    What are key features of this property?
    This property features: - Great location near Hiawassee and Lake Chatuge; - Access to recreational opportunities; - Quality homes in a beautiful development
    (770) 596-6599
    Request Owner's contact information
    12 Oak Pointe Dr Hiawassee, GA 30546
    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.
    12 Oak Pointe Dr
    Hiawassee, GA 30546
    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
    12 Oak Pointe Dr Hiawassee, GA 30546
    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

    We can help!
    Listing Contact
    Benny Kimsey
    Benny Kimsey
    Real Estate License ID: 380365
    (770) 596-6599 (706) 896-8097 (706) 970-0485
    Learn more
    Google sign-in failed. Please try again or use another login method.