Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    669 Nicklesville Road NE Resaca, GA 30735

    View on Map
    Claim this Listing
    For Sale
    $800,000

    MULTI_FAMILY - Resaca, GA

    Lot size:
    17.00 Acres
    Added:
    Jun 18, 2025
    Days on Market:
    319
    Last Refresh:
    May 2 at 7:06 pm

    Property Features for 669 Nicklesville Road NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Carport
    Standard status
    Active
    APN
    040 001
    Lot size
    17.00 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1206

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Forced Air, Central
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1974
    Floors in Building
    1
    Number of units
    5
    Building materials
    Brick

    We can help!

    Listing Contact
    Tim Cowan
    Tim Cowan

    Listing agent Tim Cowan License #319705

    Listing office Keller Williams Realty 3375 Dallas Hwy.,Suite 100, Marietta, GA

    Listing date Jun 18, 2025

    MLS# 10549090 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

    Resaca Estate with River Frontage

    Located on 17 acres in Resaca, Georgia, this estate at 669 Nicklesville Road features 911 feet of frontage along the Conasauga River. The property includes a mix of income-producing structures and usable land. A sturdy 4-sided brick home contains 3 bedrooms and 2 baths. Additionally, a second home has been converted into a duplex for double rental income. A large 1 bed / 1 bath workshop is suitable for storage, business use, or additional rental income. The property also features a 1 bed / 1 bath barn plus multiple additional outbuildings. Expansive fenced pasture areas are suitable for livestock, farming, or outdoor event space. Outdoor pavilions are available for gatherings, parties, or hosting events. A permanent outdoor movie screen provides an area for movie nights or tenant amenities. The property is suitable for investors, homesteaders, retreat hosts, and multi-generational living setups. The land invites opportunities to expand rental income, create a venue, operate a farm, or diversify a portfolio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Hotel & Motel Gym & Fitness Center Department Store Food Market Storage Facility Grocery & Convenience Store Discount Store Grocery & Convenience Store Carpet & Flooring Store Catering Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Resaca
    County
    Gordon
    State
    Georgia
    Longitude
    -84.933233
    Latitude
    34.592424

    Nearby Similar for Sale

    • $1,650,000
      23,300 SF

      Resaca GA Industrial Multi-Use Facility

      23,300 SF industrial facility near I-75 in Resaca, GA.
      3843 Highway 41 N, Resaca, GA 30735
      View Details
    • $1,599,900

      Resaca Ranch with Event Arena

      85-acre ranch ready for livestock, events, or family compound.
      486 County Line Road, Resaca, GA 30735
      View Details
    • $475,000
      1,650 SF

      Remodeled Farmhouse with Pool and Garage

      Charming remodeled farmhouse on 2 acres with pool and garage.
      4015 Maple Grove Church Road, RESACA, GA 30735
      View Details
    • $800,000

      Income-Producing Estate on 17 Acres

      Estate with rental income, river frontage, and versatile structures.
      669 Nicklesville Road NE, Resaca, GA 30735
      View Details
    • $1,400,000

      Resaca Multi-Family Investment Opportunity

      Eight-unit apartment complex with strong rental income potential.
      621 Nicklesville Road NE, Resaca, GA 30735
      View Details
    • $1,400,000

      Resaca Multi-Family Investment Opportunity

      Eight-unit apartment complex with strong rental income potential.
      621 Nicklesville Road NE, Resaca, GA 30735
      View Details
    • $2,200,000

      Pullet Farm in Northwest Georgia

      Pullet farm with top-of-the-line equipment on 15 acres.
      993 Sexton Road, Resaca, GA 30735
      View Details
    • Contact for pricing

      Resaca Auto Shop Auction

      Four-bay shop building on a one-acre lot.
      272 N Goat Rd NW, Resaca, GA 30735
      View Details

    FAQs

    What type of property is this?
    Farm - Income-producing estate on 17 acres with Conasauga River frontage.
    Where is this farm located?
    The property is located at 669 Nicklesville Road NE Resaca, GA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: Fully income‑producing estate with multiple rental units providing steady cash flow.; 17 acres of land with **911 feet of frontage on the Conasauga River**, offering diverse usage possibilities.; Versatile property suitable for investors, homesteaders, retreat hosts, or multi‑generational living.
    (678) 787-2720
    We can help!
    Listing Contact
    Tim Cowan
    Tim Cowan
    Real Estate License ID: 319705
    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

    669 Nicklesville Road NE, Resaca, GA 30735

    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!