Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Blairsville Vacant Lot with Lake Access Title is generated by Realmo AI

    Lot 157 Oakwood Way, Blairsville, GA 30512

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $86,900

    Vacant Lot - Blairsville, GA

    Lot size:
    1.07 Acres
    Added:
    May 22, 2026
    Days on Market:
    12
    Last Refresh:
    Jun 2 at 10:06 pm

    Property Features for Lot 157 Oakwood Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    055 016 B157
    Lot size
    1.07 Acres

    Taxes and HOA fees

    Expense value
    1000
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Shelly Haney
    Shelly Haney

    Listing agent Shelly Haney

    Listing office REMAX Town & Country - Hiawassee 3056 Hwy 76 West, GA

    Listing date May 22, 2026

    MLS# 422391 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.

    HighLights

    • Lake Nottely access
    • Enjoy resort‑style amenities: infinity‑edge pool with lake views, clubhouse, fitness center, game room, and movie theater
    • Located in the exclusive Highland Park gated community
    • 1.07‑acre lot with a gentle grade ideal for building
    • Peaceful cul‑de‑sac location
    • Minutes from downtown Blairsville: dining, shopping, medical facilities

    Overview

    This 1.07-acre lot is located near the end of a peaceful cul-de-sac in the Highland Park gated community. The property features a gentle grade suitable for building. It includes access to Lake Nottely and resort-style amenities, such as an infinity-edge pool with lake views and a clubhouse featuring a fitness center, game room, and movie theater. The lot is located minutes from downtown Blairsville, offering access to dining, shopping, medical facilities, and outdoor adventures in the North Georgia mountains.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Dental Office Real Estate Agency Spa & Massage Center Hair Salon Restaurant Nail Salon Daycare Center Building Supply Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Blairsville
    County
    Union
    State
    Georgia
    Longitude
    -83.9747
    Latitude
    34.8664

    Nearby Similar for Sale

    • $1,650,000
      176,854 SF

      Misty Mountain Lodge & Cabins

      North Georgia lodge and cabins with expansion potential.
      55 Misty Mountain Lane, Blairsville, GA 30512
      View Details
    • $475,000
      1,608 SF

      Commercial Complex with High Visibility

      Commercial complex with high traffic, visibility, and income potential.
      23 & 60 Greenbriar, Blairsville, GA 30512
      View Details
    • $399,900
      3,824 SF

      Blairsville Commercial Property on Highway

      3824 SF commercial building with high traffic and visibility.
      6009 E Hwy 515/76, Blairsville, GA 30512
      View Details
    • $250,000
      2,474 SF

      Blairsville Commercial/Residential Opportunity

      Mixed-use property with office/living space and workshop in Blairsville.
      114 Kimsey Street, Blairsville, GA 30512
      View Details
    • $395,000
      1,600 SF

      Iconic Country Store in Blairsville

      Charming, established business in a high-traffic tourist area.
      50 Pappys Plaza, Blairsville, GA 30512
      View Details
    • $399,900
      3,824 SF

      Blairsville Commercial Storefront and Warehouse

      3824 SF commercial building with retail, office, and warehouse space.
      6009 E Hwy 515/76, Blairsville, GA 30512
      View Details
    • $2,999,000

      Operating Car Wash on Highway

      Profitable car wash business with prime highway exposure for sale.
      692 E Highway 515, BLAIRSVILLE, GA 30512
      View Details
    • $475,000

      Blairsville Commercial Complex For Sale

      Commercial complex with high traffic and fantastic visibility in Blairsville.
      23 & 60 Greenbriar, Blairsville, GA 30512
      View Details
    • $350,000

      Blairsville Commercial Land with Greenhouses

      5.09 acres with greenhouses on high-visibility corridor in Blairsville.
      40 Trackrock Gap Road, Blairsville, GA 30512
      View Details
    • $795,000

      Prime Commercial Land in Blairsville

      Usable 0.50-acre lot with commercial potential in a prime location.
      120 Rogers Street, Blairsville, GA 30512
      View Details
    • $169,000

      Established Restaurant in Blairsville, GA

      Successful Cuban and Puerto Rican restaurant in North Georgia Mountains.
      51 D & E Earnest Street, Blairsville, GA 30512
      View Details
    • $125,000

      Residential Lot with Mountain Views

      Residential lot with panoramic mountain views near Lake Nottely.
      Lot 9 Summit Trace, Blairsville, GA 30512
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.07-acre lot with lake access and resort-style amenities.
    Where is this residential land & home lot located?
    The property is located at Lot 157 Oakwood Way Blairsville, GA.
    What is the asking price?
    The asking price for this property is $86,900.
    What are key features of this property?
    This property features: Lake Nottely access; Enjoy resort‑style amenities: infinity‑edge pool with lake views, clubhouse, fitness center, game room, and movie theater; Located in the exclusive Highland Park gated community
    (706) 897-5708
    We can help!
    Listing Contact
    Shelly Haney
    Shelly Haney
    Real Estate License ID: 367483
    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
    Lot 157 Oakwood Way, Blairsville, GA 30512
    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!