Sign Up Successful!
You now have access to more from Realmo!
    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

    Blackberry Bnd, Unit 5 Elberton, GA 30635

    Sponsored
    For Sale
    $40,000

    LAND - Elberton, GA

    Lot size:
    2.82 Acres
    Days on Market:
    11
    Last Refresh:
    Jan 29 at 3:06 pm

    Property Features for Blackberry Bnd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    052008F
    Lot size
    2.82 Acres

    Utilities

    Water front
    1

    We can help!

    Listing Contact
    Julia A Botos

    Lake Homes Realty (205) 985-2991

    Listing agent Julia A Botos (205) 985-2991

    Listing date Jan 19, 2026

    MLS# 10477327 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.

    Learn more

    Property Insight Report

    Overview

    Lakefront Lot in Gated Community

    This 2.82-acre lakefront lot, identified as Lot 5, offers several potential build sites located at the road, midway, or at the corp line. The property transitions from pine woodlands to hardwoods near the lake. A gravel drive leads to a cleared camping area. The lot is over 750 feet deep and provides lake views. Located within the gated Blackberry Bend community, the development is designed to harmonize with nature, ensuring privacy and tranquility. The lots are laid out to preserve the land's natural beauty, incorporating springs, natural drains, and ridges. Buyers have the freedom to clear only the areas they wish, maintaining wooded privacy. The community features hardwood trees, views, and lake access via a private community parking and picnic area. Camping is permitted. Homes must be a minimum of 1,000 square feet and stick-built. Protective covenants are in place to maintain the environment and property value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Elberton
    County
    Elbert
    State
    Georgia
    Longitude
    -82.809333
    Latitude
    34.123649

    Nearby Similar for Sale

    • $524,500
      11,100 SF

      Versatile Commercial Building with Storage

      9,900 sq ft commercial building with rental income potential.
      891 Elbert St, Elberton, GA 30635
      View Details
    • $185,000
      3,000 SF

      Elberton Office Building For Sale

      Commercial office building with ample amenities in Elberton, Georgia.
      5 Seaboard St, Elberton, GA 30635
      View Details
    • $325,000
      2,672 SF

      Historic Office Building in Elberton

      Charming office with development potential near downtown Elberton.
      6 Forest Ave, Elberton, GA 30635
      View Details
    • $1,500,000

      Elberton Mobile Home Park Opportunity

      Cash-flowing mobile home park with renovation upside in Elberton, Georgia.
      1055 Country Manor Ln, Elberton, GA 30635
      View Details
    • $150,000
      1.34 Acres

      Elberton Commercial Land - Hwy 77/72

      High-visibility commercial lot, prime location.
      1236 Washington Hwy, Elberton, GA 30635
      View Details
    • $795,000
      19,060 SF

      Elberton Commercial Building - Huge Potential

      Prime Elberton location, 19,000+ sq ft shop, fully equipped.
      223 Elbert St, Elberton, GA 30635
      View Details
    • $683,333
      2,876 SF

      Elberton Retail Investment

      High-yield TitleMax storefront, GA
      125 Elbert St, Elberton, GA 30635
      View Details
    • Contact for pricing
      18,460 SF

      Downtown Elberton Investment Opportunity

      18,460 SF, Redevelopment Potential
      234 Heard St, Elberton, GA 30635
      View Details
    • $120,000
      1,410 SF

      Elberton Industrial Building - Great Opportunity

      Spacious industrial building with crane & office.
      234 Mcdonough St, Elberton, GA 30635
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.82 acre lakefront lot with build sites and lake access.
    Where is this residential land & home lot located?
    The property is located at Blackberry Bnd, Unit 5 Elberton, GA.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - Expansive 2.82 acre lakefront lot boasting over 750 feet of depth.; - Multiple build sites available, offering flexibility for your dream home.; - Private, gated community, designed for privacy and natural harmony.
    (205) 985-2991
    Request Owner's contact information
    Blackberry Bnd, Unit 5 Elberton, GA 30635
    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.
    Blackberry Bnd, Unit 5
    Elberton, GA 30635
    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
    Blackberry Bnd, Unit 5 Elberton, GA 30635
    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
    Julia A Botos
    (205) 985-2991
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.