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

    Lots 7&8 Zion Way Blairsville, GA 30512

    Sponsored
    For Sale
    $230,000

    Lakefront Lot - Blairsville, GA

    Lot size:
    1.58 Acres
    Days on Market:
    110
    Last Refresh:
    Feb 7 at 1:06 am

    Property Features for Lots 7&8 Zion Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    037C 184
    Lot size
    1.58 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    The Mountain Life Team

    Keller Williams Elevate (706) 623-8186

    Listing agent The Mountain Life Team (706) 623-8186

    Listing date Oct 21, 2025

    MLS# 419767 Listing URL

    Copyright © 2026 Northeast Georgia Board of Realtors. 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

    Lake Nottely Wooded Lakefront Lots

    These two wooded lots on Lake Nottely, located in the Noel Galloway Subdivision, offer 131 feet of lake frontage. The gently sloping terrain is suitable for building a home or vacation retreat. The Tennessee Valley Authority has approved the lots for a Fixed Deck, Floating Dock, and Seasonal Courtesy Landing. Minimal restrictions and paved road access facilitate the building process. Located 15 minutes from Blairsville, the property is near local restaurants and shops. The surrounding area provides opportunities for hiking, boating, and scenic drives. Hiawassee, with live music and festivals, and Brasstown Bald are nearby, as are the arts scene of Blue Ridge and Murphy, NC. The property is intended for residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Blairsville
    County
    Union
    State
    Georgia
    Longitude
    -84.0409759
    Latitude
    34.902871

    Nearby Similar for Sale

    • $1,549,000
      5,802 SF

      Established Cabin Compound with Mountain Views

      Cabin compound on 6.96 acres with year-round mountain views.
      77 Alpine Way, Blairsville, GA 30512
      View Details
    • $1,650,000
      176,854 SF

      Misty Mountain Lodge & Cabins

      North Georgia lodge and cabins with expansion potential.
      55 Misty Mountain Ln, Blairsville, GA 30512
      View Details
    • New
      $135,000
      0.09 Acres

      RV Lot in Choestoe Falls

      Well-maintained RV lot with 2016 Jayco Pinnacle in Blairsville, GA.
      90 Natures Ln, Blairsville, GA 30512
      View Details
    • $115,000
      0.02 Acres

      Creekfront RV Lots in Blairsville

      Two RV lots in Twin Creeks RV Park, Blairsville, GA.
      184/196 Bear Bnd, Blairsville, GA 30512
      View Details
    • $115,000
      0.02 Acres

      Creekfront RV Lots in Blairsville

      Two RV lots in Twin Creeks RV Park, Blairsville, GA.
      184/196 Bear Bnd, Blairsville, GA 30512
      View Details
    • $367,000
      Pending

      Blairsville Cabin with Mountain Charm

      Charming, fully furnished cabin on 1.7 acres near town.
      147 Blair Oaks Dr, Blairsville, GA 30512
      View Details
    • $99,000
      0.10 Acres

      RV Lot with Mountain Views

      RV lot in resort community near Blairsville, GA.
      254 Golden Nugget Rd, Blairsville, GA 30512
      View Details
    • Contact for pricing
      2,200 SF

      Blairsville Commercial Space For Lease

      Versatile commercial space in Blairsville, suitable for various businesses.
      568 Blue Ridge St, Blairsville, GA 30512
      View Details
    • $165,000
      0.23 Acres

      Creekfront RV Retreat

      Meticulously maintained RV getaway with exceptional outdoor living.
      209 Cedar Mountain Trout Farm Rd, Blairsville, GA 30512
      View Details
    • $649,000
      1.00 Acre

      Blairsville Commercial Property with Income

      Income-producing commercial property with warehouse and residential rental.
      1593 Blue Ridge Hwy, Blairsville, GA 30512
      View Details
    • $2,999,000

      Highway 515 Car Wash

      Operating car wash on Highway 515 with prime commercial property.
      692 Highway 515 E, Blairsville, GA 30512
      View Details
    • $395,000
      560 SF

      Lakefront Business Opportunity in Blairsville

      Lakefront commercial property with multiple income streams on Lake Nottely.
      2532 Hwy, Blairsville, GA 30512
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two wooded lots with 131 feet of lake frontage.
    Where is this residential land & home lot located?
    The property is located at Lots 7&8 Zion Way Blairsville, GA.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: - 131 feet of pristine Lake Nottely frontage with lake views and mountain beauty; - TVA approved for Fixed Deck, Floating Dock, and Seasonal Courtesy Landing; - Gently sloping, wooded lots ideal for building a dream home or vacation retreat
    (706) 745-3123
    Request Owner's contact information
    Lots 7&8 Zion Way Blairsville, GA 30512
    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.
    Lots 7&8 Zion Way
    Blairsville, GA 30512
    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
    Lots 7&8 Zion Way Blairsville, GA 30512
    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
    The Mountain Life Team
    (706) 745-3123
    Learn more
    Google sign-in failed. Please try again or use another login method.