Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Affordable Acreage Near Eastanollee Creek Title is generated by Realmo AI

    00 Tower Road, Toccoa, GA 30577

    View on Map
    For Sale
    $35,000

    Champion Farms, Sale Price: $35,000 - $55,000

    Property size:
    43,560 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $0.80/SF
    Added:
    Jan 22, 2025
    Days on Market:
    499
    Last Refresh:
    Mar 16 at 9:06 am

    Property Features for 00 Tower Road

    General Information

    Standard status
    Active
    Property type
    Farms, Residential land & home lots, Agricultural land / Farmland, Agricultural properties, Land
    Size
    43,560 SF
    Elevators
    N/A
    Lot size
    1.00 Acre

    We can help!

    Listing Contact
    Knox Duncan

    Listing agent Knox

    Listing office

    Listing date Jan 22, 2025

    HighLights

    • Topography: Gently rolling
    • Zoning: AR (Agricultural Residential)
    • Located ± 9 minutes from Interstate 85 and any desired restaurants like Chick‑fil‑a, Whataburger, Zaxby’s, and more!
    • You can have your boat in Lake Hartwell in less than 10 minutes
    • Buyer has an opportunity for an affordable dream homesite with water feature and unbelievable location
    • **Acreage and utility to be verified by Buyer and/or Buyer’s Agent

    Overview

    Champion Farms offers premium real estate lots that are build-ready with septic permits. The southern border of each lot is near Eastanollee Creek. Located approximately 9 minutes from Interstate 85 and restaurants such as Chick-fil-a, Whataburger, and Zaxby's. Lake Hartwell is less than 10 minutes away. Downtown Lavonia, GA is approximately 13 minutes away, and Downtown Toccoa, GA is approximately 15 minutes away. Greenville, SC is an hour away and Atlanta, GA is 1.5 hours away. The zoning is AR (Agricultural Residential) and the topography is gently rolling. These lots offer an opportunity for an affordable homesite with a water feature and location. The buyer must verify acreage and utility information.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Toccoa
    County
    Stephens
    State
    Georgia
    Longitude
    -83.3246
    Latitude
    34.5647

    Nearby Similar for Sale

    • $439,000
      2,612 SF

      Toccoa Commercial Building on Highway

      2,612 sq.ft. commercial building on 1.76-acre lot.
      2921 Highway 17 Alt, Toccoa, GA 30577
      View Details
    • $429,000
      4,800 SF

      Toccoa Commercial Building For Sale

      Commercial building with ample road frontage and investment potential.
      2953 Highway 17 Alt, Toccoa, GA 30577
      View Details
    • $269,000
      1,536 SF

      Toccoa Commercial Office Building For Sale

      Move-in ready office building in downtown Toccoa, 1536 square feet.
      334 N Broad Street, Toccoa, GA 30577
      View Details
    • $349,899
      5,030 SF

      Toccoa Mixed-Use Historic Building

      Historic downtown building with endless opportunities in Toccoa, Georgia.
      111 N Sage Street, Toccoa, GA 30577
      View Details
    • $329,000

      Income-Producing Triplex on Large Lot

      Three-unit property with development potential on 1.8 acres.
      389 Collins Road, Toccoa, GA 30577
      View Details
    • $149,000

      Commercial Development Land on Hwy 17

      Ready-to-build commercial acreage with direct access, turning and deceleration lanes, and city sewer in a B-II commercial district.
      1600 Big A Road, Toccoa, GA 30577
      View Details
    • $99,000

      Toccoa Commercial Land For Sale

      1.43 acre commercial lot in Toccoa, Georgia.
      129 Green Forest Drive, Toccoa, GA 30577
      View Details
    • $99,000

      Toccoa, GA Commercial Land

      1.43 acre lot suitable for commercial and business uses.
      129 Green Forest Drive, Toccoa, GA 30577
      View Details
    • $868,000
      7,412 SF

      Toccoa Commercial Property on Highway 17

      Two buildings on 2+ acres with highway frontage.
      2921 & 2953 HIGHWAY 17 ALT, Toccoa, GA 30577
      View Details
    • $799,900
      1,190 SF

      Toccoa Waterfront Land with Cabin

      20.05-acre waterfront retreat with cabin on Lake Hartwell.
      333 Laurel Mountain Drive, Toccoa, GA 30577
      View Details
    • $82,000

      Toccoa Vacant Land Dream Homesite

      3.66 acres perfect for building your dream home.
      00 Memorial Drive, Toccoa, GA 30538
      View Details
    • $329,000

      Income-Producing Triplex on Large Lot

      Three-unit property with solar array on 1.8 acres.
      389 Collins Road, Toccoa, GA 30577
      View Details

    FAQs

    What type of property is this?
    Farm - Champion Farms, Sale Price: $35,000 - $55,000
    Where is this farm located?
    The property is located at 00 Tower Road Toccoa, GA.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: Topography: Gently rolling; Zoning: AR (Agricultural Residential); Located ± 9 minutes from Interstate 85 and any desired restaurants like Chick‑fil‑a, Whataburger, Zaxby’s, and more!
    (864) 608-0029
    We can help!
    Listing Contact
    Knox Duncan
    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
    00 Tower Road, Toccoa, GA 30577
    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!