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    Highway 129 Cleveland, GA 30528

    For Sale
    $325,000

    Prime 5-acre commercial lot, high visibility, rezoning potential.

    Property size:
    217,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 5.08-acre commercial property, located at 0 Highway 129 S in Cleveland, Georgia, presents a unique investment opportunity. Boasting a substantial 217,800 square feet, this tract is zoned commercial, offering immediate development potential. However, its strategic location also allows for the possibility of rezoning for multi-housing or a 55+ community, expanding the range of viable development options. The property enjoys high visibility and accessibility, fronting both Highway 129 S and Underwood Farm Road, providing dual entrances. Highway 129 S alone sees over 15,000 vehicles daily, ensuring significant exposure for any business. Its proximity to Cleveland's historic square (approximately 3вЃ„4 mile away) and the convenience of nearby amenities such as Walmart and numerous restaurants further enhance its appeal. The location also benefits from its close proximity to the popular tourist destination of Helen, Georgia, just 15 minutes away, and the surrounding wineries. A significant advantage is the inclusion of a one-time free sewer hook-up, a pre-arranged agreement with the city, saving considerable development costs. This property represents a rare combination of size, location, and potential, making it an ideal investment for developers and entrepreneurs alike.

    Property Features for Highway 129

    General Information

    Property type
    Investment properties
    Square Feet
    217,800 SF
    Lot Size
    221,285 SF

    Building Details

    Year Built
    2000
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Cleveland
    County
    White
    State
    Georgia
    Longitude
    -83.76109
    Latitude
    34.58714

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    FAQs

    What type of property is this?
    Investment property - Prime 5-acre commercial lot, high visibility, rezoning potential.
    Where is this investment property located?
    The property is located at Highway 129 Cleveland, GA.
    What is the asking price?
    The asking price for this property is $325,000.
    (770) 297-4800
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    Highway 129 Cleveland, GA 30528
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    Realmo Value Estimation

    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.

    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.

    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
    Highway 129 Cleveland, GA 30528
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