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

    Forest Canopy Way Clayton, GA 30525

    View on Map
    Claim this Listing
    For Sale
    $99,000

    LAND - Clayton, GA

    Lot size:
    3.00 Acres
    Added:
    Feb 5, 2025
    Days on Market:
    436
    Last Refresh:
    Apr 17 at 12:06 am

    Property Features for Forest Canopy Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    014C 084
    Lot size
    3.00 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    424

    Utilities

    Utilities
    Phone Available

    We can help!

    Listing Contact
    Jerry Harkness
    Jerry Harkness

    Listing agent Jerry Harkness License #367943

    Listing office Keller Williams Lanier Partners 110 Trinity Drive, Gainesville, GA

    Listing date Feb 5, 2025

    MLS# 10624370 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

    Land in Gated Community

    This 3-acre lot is located at the end of a private street within the gated community of The Woods at Waterfall. The property features seasonal views of Lake Burton and is near the Waterfall Club. It offers direct access to the neighboring National Forest. The lot includes a paved entrance and underground power. A completed soil test is on file.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Clayton
    County
    Rabun
    State
    Georgia
    Longitude
    -83.3864
    Latitude
    34.906

    Nearby Similar for Sale

    • $550,000
      2,301 SF

      Clayton Commercial Property For Sale

      Commercial property with restaurant, stage, and outdoor patio.
      1504 Highway 76 W, Clayton, GA 30525
      View Details
    • $1,700,000
      1 SF

      Turnkey Restaurant on Highway 441

      Fully remodeled restaurant in Clayton, GA with highway visibility.
      851 Hwy 441 Road S, Clayton, GA 30525
      View Details
    • $6,495,999
      5,585 SF

      Magnificent Equestrian Farm in Clayton, GA

      50+ acre equestrian farm with state-of-the-art facilities and two residences.
      3622 Sandy Ford Road, Clayton, GA 30525
      View Details
    • $195,000

      Golf Course View Homesite

      Two premier lots with golf course and mountain views.
      Bent Grass Way, Clayton, GA 30525
      View Details
    • $25,000

      Residential Lot in Kingwood Estates

      Residential lot in Clayton, GA with mountain view potential.
      LOT 112 Timber Creek Drive, Clayton, GA 30525
      View Details
    • $40,500

      Wooded Lot in Kingwood Community

      Serene wooded lot with access to resort amenities.
      Lancelot Loop lot: 11, Clayton, GA 30525
      View Details
    • $330,000

      Land with Sunrise Views

      1.53 acres near Heaven's Landing with sunrise views.
      Anderson Drive lot: #37, Clayton, GA 30525
      View Details
    • $149,900

      Waterfall Drive Homesite in Clayton

      0.93-acre homesite in Waterfall at Lake Burton, Clayton, GA.
      Waterfall Drive lot: 15, Clayton, GA 30525
      View Details
    • $225,000

      Residential Land with Mountain Views

      Building lot in gated community with runway and amenities.
      Doolittle Drive lot: 121, Clayton, GA 30525
      View Details
    • $310,000

      Ridgetop Lot in Fly-In Community

      1.5-acre lot in Heaven's Landing with panoramic views.
      30 Tex Hill Lane, Clayton, GA 30525
      View Details
    • $195,000

      Golf Course Homesite in Clayton, GA

      Premier golf-course frontage lots with mountain views in Waterfall Country.
      Bent Grass Way, Clayton, GA 30525
      View Details
    • $79,000

      Land with Mountain Views

      3+-acre lot with distant views in Black Rock Mountain Estates.
      Winding View, Clayton, GA 30525
      View Details

    FAQs

    What type of property is this?
    Land - 3-acre lot with seasonal lake views and forest access.
    Where is this land located?
    The property is located at Forest Canopy Way Clayton, GA.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: 3‑acre lot in a prestigious gated community; Enjoy seasonal views of Lake Burton; Direct access to the National Forest
    (706) 949-3747
    We can help!
    Listing Contact
    Jerry Harkness
    Jerry Harkness
    Real Estate License ID: 367943
    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!