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

    585 Galaxy Way Ranger, GA 30734

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Ranger, GA

    Lot size:
    1.06 Acres
    Added:
    Sep 3, 2025
    Days on Market:
    228
    Last Refresh:
    Apr 18 at 1:06 am

    Property Features for 585 Galaxy Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    1231 585
    Lot size
    1.06 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    115

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Water source
    Well

    We can help!

    Listing Contact
    Jackie Archer
    Jackie Archer

    Listing agent Jackie Archer License #211913

    Listing office Atlanta Communities 9860 Highway 92, Marietta, GA

    Listing date Sep 3, 2025

    MLS# 10717880 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.

    Overview

    Residential Land in Private Location

    This 1.06-acre lot is located within the 5500-acre Talking Rock Creek Resort, spanning Murray, Gordon, and Gilmer counties. Situated in an extremely private location in Gordon County, the lot features a level building spot near the road, suitable for constructing a new home. An existing septic system is in place and flagged on site; the buyer is responsible for verifying its suitability. The property includes a mix of hardwoods and pines extending into the slope behind the building location, offering options for clearing or maintaining privacy. Water is provided through TRCRA's distribution system, with Calhoun Utilities (Gordon County) supplying the water. The 2024 water fee is $535 annually (not metered) and is subject to change yearly. Owners may drill a well if desired. Resort amenities include a recreation center with a small gym, two pools, tennis courts, a private 12-acre fishing lake, picnic areas, a "Trout Lodge" cabin (event facility), and frontage on Talking Rock Creek. The "Hidden Rocks" walking trail is located across from the Rec Center in Murray County. An active Pickleball group meets regularly at the Rec Center Tennis Court. Plans for additional hiking trails, a creek-side park (Racoon Branch by Longbranch Rd bridge), and "Rock Cliff" park are underway for 2024/2025. No Mobile Homes or RV's are allowed on this lot. The seller will consider owner financing with an acceptable down payment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Hotel & Motel Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Ranger
    County
    Gordon
    State
    Georgia
    Longitude
    -84.6677764
    Latitude
    34.5728591

    Nearby Similar for Sale

    • $949,000

      Picturesque Multi-Generational Family Farm

      27+ acre farm with multiple residences and extensive amenities.
      711 E Cochran Road, Ranger, GA 30734
      View Details
    • $3,075,000

      Northwest Georgia Poultry Farm

      Operating poultry farm with six broiler houses on 46.48 acres.
      721 Liberty Church Road NE, Ranger, GA 30734
      View Details
    • $16,900

      Residential Land in Private Location

      Secluded 1.06-acre lot with existing septic system.
      585 Galaxy Way, Ranger, GA 30734
      View Details
    • $78,840

      Land with Lake and Mountain Views

      2.09-acre lot with lake and mountain views in gated community.
      324 Adair Drive, Ranger, GA 30734
      View Details
    • $329,900

      Ranger, GA Mountain-View Land

      26.14 acres with mountain views, ideal for family estate.
      611 Pack Road NE, Ranger, GA 30734
      View Details
    • $8,500

      Land in Talking Rock Resort

      Vacant land in Talking Rock Creek Resort ready for building.
      533 Marque Lane NE, Ranger, GA 30734
      View Details
    • $99,900

      Wooded Lot in North Georgia

      Private, wooded 10-acre lot near Carters Lake.
      T Johnson Road, Ranger, GA 30734
      View Details
    • $78,840

      Land with Lake and Mountain Views

      2.09-acre lot with lake and mountain views in gated community.
      324 Adair Drive, Ranger, GA 30734
      View Details
    • $19,000

      Ranger, GA Mountain Escape Lot

      1.71-acre lot in Talking Rock Creek Resort.
      865 Bolster Lane, Ranger, GA 30734
      View Details
    • $50,000

      Ready-to-Build Lot with Lake Views

      1.51-acre lot with lake views in Talking Rock Creek Resort.
      278 Carters Overlook Drive, Ranger, GA 30734
      View Details
    • $50,000

      Ready-to-Build Lot with Lake Views

      1.51 acre lot with lake views in Talking Rock Creek Resort.
      278 Carters Overlook Drive, Ranger, GA 30734
      View Details
    • $8,500

      Land in Talking Rock Resort

      Vacant land in resort community, ideal for dream home.
      533 Marque Lane NE, Ranger, GA 30734
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Secluded lot with level building spot and existing septic system.
    Where is this residential land & home lot located?
    The property is located at 585 Galaxy Way Ranger, GA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Owner financing is available with acceptable down payment.; Existing septic system in place (buyer to verify suitability).; Access to Talking Rock Creek Resort amenities: recreation center, pools, tennis courts, private fishing lake, and more.
    (770) 335-2797
    We can help!
    Listing Contact
    Jackie Archer
    Jackie Archer
    Real Estate License ID: 211913
    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!