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

    28 B Sal Mountain Way Sautee Nacoochee, GA 30571

    View on Map
    Claim this Listing
    For Sale
    $67,900

    LAND - Sautee Nacoochee, GA

    Lot size:
    2.23 Acres
    Added:
    Jan 31, 2025
    Days on Market:
    441
    Last Refresh:
    Apr 17 at 12:06 am

    Property Features for 28 B Sal Mountain Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    072 062
    Lot size
    2.23 Acres

    Taxes and HOA fees

    Tax Annual Amount
    346

    We can help!

    Listing Contact
    Kim Chandler

    Listing agent Kim Chandler License #205771

    Listing office Coldwell Banker Upchurch Realty 2405 W Broad St., Athens, GA

    Listing date Jan 31, 2025

    MLS# CM1024445

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

    Overview

    Residential Land in Sautee Nacoochee

    This 2.23-acre lot, located in Panorama Estates in Sautee Nacoochee, Georgia, is ready for construction. The seller has already paid the $1000 impact fee. A new drive has been cut to a potential building site, with 2 loads of stone and a culvert installed to begin preparation for a future paved driveway. The property offers a view. Specifications for a home on the lot include a minimum of 1250 square feet, with setbacks of 50 feet in the front and back, and 20 feet on the sides, not including roof overhang. Short term rentals are not permitted.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Sautee Nacoochee
    County
    White
    State
    Georgia
    Longitude
    -83.7338
    Latitude
    34.7204

    Nearby Similar for Sale

    • $999,999
      3,248 SF

      Turnkey Income-Producing Luxury Cabin

      Fully remodeled 6BR/4.5BA cabin near Helen, Georgia.
      481 Chastain Road, Sautee Nacoochee, GA 30571
      View Details
    • $1,695,000
      4,364 SF

      Historic Bed and Breakfast Venue

      26.87-acre property ideal for inn, events, weddings, or retreat.
      1526 Highway 255 N, Sautee Nacoochee, GA 30571
      View Details
    • $34,900

      Skylake Building Lot Opportunity

      Great building lot in Skylake with gentle terrain.
      6X Laurelwood, Sautee Nacoochee, GA 30571
      View Details
    • $39,900

      Residential Lot with Mountain Views

      1.67 acre residential lot near Helen, Georgia.
      Starlight Drive, Sautee Nacoochee, GA 30571
      View Details
    • $90,000

      Yonah Mountain Lake Homesite

      Premier homesite with lake views in gated North Georgia community.
      21 Yonah Lake DR, Sautee Nacoochee, GA 30571
      View Details
    • $250,000

      10 Acre Estate Lot with Views

      Premier land in Northeast Georgia with mountain views and creek.
      0 Mill Run, Sautee Nacoochee, GA 30571
      View Details
    • $250,000

      Estate Lot with Mountain Views

      10.02 acres with mountain views and creek frontage.
      0 Mill Run, Sautee Nacoochee, GA 30571
      View Details
    • $39,000

      Land in Sautee Nacoochee, GA

      Private 2.63 acre buildable lot near Alpine Helen, GA.
      Prospectors Place, Sautee Nacoochee, GA 30571
      View Details
    • $96,500

      7.72 Acres in Sautee Nacoochee

      7.72 acres with creek access in North Georgia.
      0 Panorama Drive, Sautee Nacoochee, GA 30571
      View Details
    • $48,000

      Mountain Land with Breathtaking Views

      1.25 acres of mountain land for a custom retreat.
      Gold Valley Road lot: 1, Sautee Nacoochee, GA 30571
      View Details
    • $65,000

      Mountain View Homesite Opportunity

      1.15-acre homesite with panoramic mountain views in Sautee Nacoochee, GA.
      Gold Valley Road, Sautee Nacoochee, GA 30571
      View Details
    • $48,000

      Mountain Land with Breathtaking Views

      1.25 acres of mountain land for a custom retreat.
      Gold Valley Road lot: 1, Sautee Nacoochee, GA 30571
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.23 acre building lot ready for construction.
    Where is this residential land & home lot located?
    The property is located at 28 B Sal Mountain Way Sautee Nacoochee, GA.
    What is the asking price?
    The asking price for this property is $67,900.
    What are key features of this property?
    This property features: Ready to build lot with paid impact fee ($1000 value).; New drive cut to potential building site with stone and culvert installed.; Gorgeous building lot in Panorama Estates.
    (706) 296-1737
    We can help!
    Listing Contact
    Kim Chandler
    Real Estate License ID: 205771
    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!