Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    129 Green Forest Drive Toccoa, GA 30577

    View on Map
    Claim this Listing
    For Sale
    $99,000

    LAND - Toccoa, GA

    Lot size:
    1.43 Acres
    Added:
    Mar 15, 2026
    Days on Market:
    53
    Last Refresh:
    May 6 at 7:06 pm

    Property Features for 129 Green Forest Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Grassed, Partially Wooded
    Standard status
    Active
    APN
    T09 075
    Lot size
    1.43 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    396

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Santiago Wagner

    Listing agent Santiago Wagner

    Listing office Keller Williams Realty Atl. Partners 4878 Manhattan Drive, Buford, GA

    Listing date Mar 15, 2026

    MLS# 10711321 Listing URL

    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.

    HighLights

    • Prime 1.43 Acre lot on Falls Rd Corridor (17A).
    • Zoned B‑I for a variety of commercial, institutional, office, residential uses.
    • Excellent visibility and accessibility.
    • Located along Falls Rd, connecting Toccoa Falls College, Stephens County Hospital, and medical offices.
    • Public water and sewer available.
    • Gentle slope with some wooded areas.

    Overview

    Toccoa, GA Commercial Land

    This 1.43-acre lot is located along Falls Rd Corridor (17A), offering visibility and accessibility suitable for commercial and business uses. The property is zoned B-I (Class C-3 Commercial, Institutional and office uses; residential; neighborhood scale commercial). The lot has a gentle slope and includes some wooded areas. Falls Rd connects Toccoa Falls College, Stephens County Hospital and medical offices. Falls Rd is considered a transitional corridor between the urban core and rural Stephens County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Hotel & Motel Gym & Fitness Center Pharmacy Skin Care Clinic Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toccoa
    County
    Stephens
    State
    Georgia
    Longitude
    -83.341876
    Latitude
    34.590409

    Nearby Similar for Sale

    • $875,000
      5,076 SF

      Toccoa Commercial Property For Sale

      High-visibility commercial property in Toccoa, ready for restaurant or retail.
      1589 Big A Road, Toccoa, GA 30577
      View Details
    • $300,000
      5,230 SF

      Toccoa Commercial Property with Garage

      High-visibility commercial property with redevelopment potential near downtown Toccoa.
      36 Mize Road, Toccoa, GA 30577
      View Details
    • $429,000
      4,800 SF

      Toccoa Commercial Building For Sale

      Commercial building with ample road frontage and investment potential.
      2953 Highway 17 Alt, Toccoa, GA 30577
      View Details
    • $439,000
      2,612 SF

      Toccoa Commercial Building on Highway

      2,612 sq.ft. commercial building on 1.76-acre lot.
      2921 Highway 17 Alt, Toccoa, GA 30577
      View Details
    • $269,000
      1,536 SF

      Toccoa Commercial Office Building For Sale

      Move-in ready office building in downtown Toccoa, 1536 square feet.
      334 N Broad Street, Toccoa, GA 30577
      View Details
    • $349,900
      5,030 SF

      Toccoa Historic Downtown Commercial Property

      Historic downtown Toccoa property with endless opportunities.
      111 N Sage Street, Toccoa, GA 30577
      View Details
    • $329,000

      Income-Producing Triplex on Large Lot

      Three-unit property on 1.8 acres with development potential.
      389 Collins Road, Toccoa, GA 30577
      View Details
    • $99,000

      Toccoa Commercial Land For Sale

      1.43 acre commercial lot in Toccoa, Georgia.
      129 Green Forest Drive, Toccoa, GA 30577
      View Details
    • $250,000

      Income-Producing Multifamily Property in Toccoa

      Multifamily property with income potential in Toccoa, Georgia.
      201 203 Remsdale Street, Toccoa, GA 30577
      View Details
    • $389,900

      Toccoa Poultry Farm Opportunity

      11.29 acres with poultry houses and metal building.
      334 Brock Road, Toccoa, GA 30577
      View Details
    • $389,900

      Toccoa Agricultural Land with Poultry Houses

      11.29 acres with poultry houses and metal building.
      334 Brock Road, Toccoa, GA 30577
      View Details
    • $799,900

      Toccoa Waterfront Land with Cabin

      20.05-acre waterfront retreat with cabin on Lake Hartwell.
      333 Laurel Mountain Drive, Toccoa, GA 30577
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.43 acre lot suitable for commercial and business uses.
    Where is this commercial land located?
    The property is located at 129 Green Forest Drive Toccoa, GA.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: Prime 1.43 Acre lot on Falls Rd Corridor (17A).; Zoned B‑I for a variety of commercial, institutional, office, residential uses.; **Excellent visibility and accessibility.**
    (678) 283-5716
    We can help!
    Listing Contact
    Santiago Wagner
    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

    Thank You for Inquiry
    129 Green Forest Drive, Toccoa, GA 30577
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!