Add Listing
    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

    162 Hickory Way Mineral Bluff, GA 30559

    View on Map
    Sponsored
    For Sale
    $385,000

    Vacant Lot - Mineral Bluff, GA

    Lot size:
    0.37 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 20 at 10:06 am

    Property Features for 162 Hickory Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    res
    APN
    005101141
    Lot size
    0.37 Acres

    Taxes and HOA fees

    Expense value
    1800
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Peter Knutzen

    Old Toccoa Farm Realty LLC (706) 946-4663

    Listing agent Peter Knutzen (706) 946-4663

    Listing date Mar 19, 2026

    MLS# 428761 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

    Golf-Front Homesite in Mineral Bluff

    This golf-front homesite is located in the Old Toccoa Farm community. The lot offers views of the 10th and 18th fairways with southern exposure. The topography is gently sloping, suitable for a custom home with main-level and terrace-level living. The property offers golf course views from every level, including sights of the 10th and 18th greens. The lot spans approximately 0.37 acres and is wooded with mature hardwoods, creating a private setting. The homesite is surrounded by completed homes and offers a sense of privacy. This homesite is located in Mineral Bluff, GA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Mineral Bluff
    County
    Fannin
    State
    Georgia
    Longitude
    -84.3241575
    Latitude
    34.9272673

    Nearby Similar for Sale

    • $899,000
      4,000 SF

      Highway Commercial Building on Two Acres

      4,000 SF commercial building on two unrestricted acres.
      27 Shields Rd, Mineral Bluff, GA 30559
      View Details
    • $549,000
      1,487 SF

      Renovated Historic Mineral Bluff Property

      Meticulously renovated 1890 home with commercial potential on 1.02 acres.
      8679 Lakewood Hwy, Mineral Bluff, GA 30559
      View Details
    • $549,000
      1,487 SF

      Historic Home with Commercial Potential

      Renovated 1890 home with additional structures and commercial potential.
      8679 Lakewood Hwy, Mineral Bluff, GA 30559
      View Details
    • $500,000
      6,000 SF

      Personal Care Facility on 14 Acres

      Established personal care facility with expansion potential on 14 acres.
      160 Moores Rd, Mineral Bluff, GA 30559
      View Details
    • $1,800,000
      18.82 Acres

      Mineral Bluff Estate Home

      18.82 acre estate with business potential near Blue Ridge.
      7514 Appalachian Hwy, Mineral Bluff, GA 30559
      View Details
    • $10,990,000
      19,000 SF

      Turn-Key Event Venue on 119 Acres

      Luxury event venue with ranch facilities and development potential.
      1019 Hardscrabble Rd, Mineral Bluff, GA 30559
      View Details
    • $1,800,000
      18.82 Acres

      Estate Home on 18+ Acres

      Estate home with business potential near Blue Ridge and Lake.
      7514 Appalachian Hwy, Mineral Bluff, GA 30559
      View Details
    • $10,990,000

      Turn-Key Event Venue Opportunity

      119-acre ranch with luxury event venue and development potential.
      1019 Hardscrabble Rd, Mineral Bluff, GA 30559
      View Details
    • $10,990,000

      Mountain Ranch and Event Venue

      119-acre ranch with event venue and mountain views.
      1019 Hardscrabble Rd, Mineral Bluff, GA 30559
      View Details
    • $1,470,000
      1,540 SF

      Equestrian Estate in Mineral Bluff

      37.5-acre equestrian estate with mountain views near Blue Ridge.
      141 Doc Roof Rd, Mineral Bluff, GA 30559
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Homesite with golf course views in Old Toccoa Farm.
    Where is this residential land & home lot located?
    The property is located at 162 Hickory Way Mineral Bluff, GA.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: - Golf-front homesite with views of the 10th and 18th fairways.; - Ideal southern exposure.; - Gently sloping topography suited for main and terrace-level living.
    (404) 277-4980
    Request Owner's contact information
    162 Hickory Way Mineral Bluff, GA 30559
    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.
    162 Hickory Way
    Mineral Bluff, GA 30559
    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
    162 Hickory Way Mineral Bluff, GA 30559
    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
    Peter Knutzen
    (404) 277-4980 (706) 946-4663
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!