Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1760 Rickman Airfield Rd Clayton, GA 30525

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $9,998,000

    100+ acre mountain resort ideal for events and retreats.

    Lot size:
    100.00 Acres

    Property Features for 1760 Rickman Airfield Rd

    General Information

    Standard status
    Active
    Lot size
    100.00 Acres

    We can help!

    Listing Contact
    Jon Barnwell Team
    Source: Corcoran

    Listing Agency: RE/MAX Town & Country Listing Agent: Jon Barnwell Team

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Mountain Resort Wedding and Event Venue

    This commercial mountain resort, situated on over 100 acres in Clayton, Georgia, presents a prime investment opportunity. For over two decades, this distinguished property has operated as a wedding venue and now offers potential for corporate retreats, social events, and family vacations. The estate features a natural landscape with creeks, waterfalls, a large trout stream, and a pristine lake. A mountaintop building site provides panoramic views. Event spaces include a grand ballroom accommodating over 250 guests, along with conference and meeting rooms suitable for corporate gatherings and social celebrations. The resort offers 28 suites, providing lodging for guests. Hiking trails wind throughout the property. The resort provides overnight accommodations and an unparalleled mountain experience. This estate combines natural beauty with amenities, making it suitable for corporate and personal retreats.
    Location Intelligence

    Current Use by Public Records

    Resorts

    Suggested Use

    Hotel & Motel Kitchen & Bath Showroom Daycare Center Bed & Breakfast Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clayton
    County
    Rabun
    State
    Georgia
    Longitude
    -83.39714
    Latitude
    34.832726

    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
    • $2,000,000
      1 SF

      Turnkey Restaurant on Highway 441

      Fully remodeled restaurant for sale in Clayton, Georgia.
      851 Highway 441 S, Clayton, GA 30525
      View Details
    • New
      $9,998,000
      100.00 Acres

      Mountain Resort Investment Opportunity

      100+ acre mountain resort with event facilities and accommodations.
      1760 Rickman Airfield Rd, 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 Rd, Clayton, GA 30525
      View Details
    • $9,998,000
      100.00 Acres

      Premier Mountain Resort Investment Opportunity

      100+ acre resort in Clayton, Georgia, perfect for events.
      1760 Rickman Airfield Rd, Clayton, GA 30525
      View Details
    • New
      $550,000
      2.29 Acres

      Three Homes on Two Acres

      Three homes on 2+ acres near North Georgia attractions.
      31 Creekside Ln, Clayton, GA 30525
      View Details
    • $327,900
      0.69 Acres

      Two Homes, One Price

      Two homes with rental income potential in Mountain City, GA.
      37 Erwin St, Clayton, GA 30525
      View Details
    • $550,000

      Restaurant with Stage and Apartment

      Restaurant with stage, patio, and efficiency apartment for sale.
      1504 Highway 76 W, Clayton, GA 30525
      View Details
    • $2,000,000

      Turnkey Restaurant on Highway 441

      Fully remodeled 6,000 sq ft restaurant in Clayton, Georgia.
      851 Highway 441 S, Clayton, GA 30525
      View Details
    • $2,500,000

      Busiest Strip Center in Clayton

      Fully occupied strip center in the heart of Clayton, Georgia.
      677 Clayton Ave, Clayton, GA 30525
      View Details
    • New
      $3,150,000

      Clayton Mixed-Use Farmhouse Building

      Two-story building with commercial space and short-term rental apartments.
      118 Oak Crescent Cir, Clayton, GA 30525
      View Details
    • $3,150,000

      Mixed-Use Building in Downtown Clayton

      Two-story farmhouse-style building with commercial space and residential units.
      118 Oak Crescent Cir, Clayton, GA 30525
      View Details

    FAQs

    What type of property is this?
    Resort - 100+ acre mountain resort ideal for events and retreats.
    Where is this resort located?
    The property is located at 1760 Rickman Airfield Rd Clayton, GA.
    What is the asking price?
    The asking price for this property is $9,998,000.
    What are key features of this property?
    This property features: - Established wedding venue with a 20+ year reputation, presenting immediate income potential.; - Expansive 100+ acre mountain resort suitable for corporate retreats, social events, and family vacations.; - Multiple event spaces, including a grand ballroom for 250+ guests. Conference/meeting rooms are also available.
    (770) 596-6599
    Request Owner's contact information
    1760 Rickman Airfield Rd Clayton, GA 30525
    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.
    1760 Rickman Airfield Rd
    Clayton, GA 30525
    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
    1760 Rickman Airfield Rd Clayton, GA 30525
    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
    Jon Barnwell Team
    (770) 596-6599 (706) 960-2304 (706) 982-3199
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!