Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    2.33+/- Acres Zoned HI Title is generated by Realmo AI

    1655 Central Avenue, Demorest, GA 30535

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $450,000

    2.33+/- acre commercial land with high traffic and utilities.

    Type:Commercial/Industrial
    Lot size:
    2.33 Acres
    Added:
    Mar 11, 2026
    Days on Market:
    74
    Last Refresh:
    Apr 5 at 8:39 pm

    Property Features for 1655 Central Avenue

    General Information

    Standard status
    Active
    Lot size
    2.33 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Latasha Cirincione

    Listing agent Latasha Cirincione License #287254

    Listing office Keller Williams Lanier Partners

    Listing date Mar 11, 2026

    Source Exitrealty

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

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Lanier Partners

    HighLights

    • High‑Intensity (HI) Zoning suitable for business development
    • Excellent location: just 1/2 mile from North East Georgia Medical Center & Piedmont College
    • High traffic count: 13,400 average daily traffic (2017 data)
    • 2.33+/- acre level lot with 350' of road frontage
    • Sewer and internet available in the street
    • Shop/garage and septic system included

    Overview

    This 2.33+/- acre commercial land is zoned HI (High Intensity). It benefits from sewer and city water availability. The property features 350' of road frontage and an average daily traffic count of 13,400 (2017-GADOT). Situated just off a busy intersection connecting to a major transportation corridor, the property is located approximately 1/2 mile from both the North East Georgia Medical Center and Piedmont College. The property is positioned within an up-and-coming area for business and residential growth in Demorest and Habersham County. Georgia Power and Demorest City Water are connected to the mobile home, which is not included in the sale. The large shop/garage and septic will remain with the property. Demorest Sewer & Windstream Internet are not connected however they are in the street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Demorest
    County
    Habersham
    State
    Georgia
    Longitude
    -83.54
    Latitude
    34.5745

    Nearby Similar for Sale

    • $500,000

      40 Acres in North Georgia

      Versatile 40-acre tract with creek, suitable for homesites or recreation.
      Twin River Orchard Road, Demorest, GA 30535
      View Details
    • $500,000

      Demorest, GA Land with Creek

      40+/- acre tract with creek, suitable for homesites or recreation.
      Twin River Orchard Road, Demorest, GA 30535
      View Details
    • $55,900

      Residential Lot in Established Community

      Private lot in Demorest, GA, ready for your dream home.
      186 Sweetbriar Drive lot: 10, Demorest, GA 30535
      View Details
    • $75,000

      Land in Gated Community

      2.22-acre lot in Habersham County with river access.
      Olde Rockhouse Lane, Demorest, GA 30535
      View Details
    • $75,000

      Land in Gated Community

      2.22-acre lot in gated community near Soque River.
      Olde Rockhouse Lane, Demorest, GA 30535
      View Details
    • $2,100,000

      Chattahoochee Riverfront Recreational Land

      100+ acre property with 1,100 feet of river frontage.
      Twin River Orchard Road, Demorest, GA 30535
      View Details
    • $4,940,000

      Riverfront Land at River Confluence

      76-acre tract with frontage on two rivers near Metro Atlanta.
      Twin River Orchard Road, Demorest, GA 30535
      View Details
    • $1,700,000

      85 Acres Riverfront Land in Demorest

      Spectacular riverfront tract with 1,100 feet of Chattahoochee River frontage.
      Twin River Orchard Road, Demorest, GA 30535
      View Details
    • $2,100,000

      100 Acre Chattahoochee River Property

      100 acres with 1,100 feet of Chattahoochee River frontage.
      Twin River Orchard Road, Demorest, GA 30535
      View Details
    • $4,940,000

      Riverfront Land at River Confluence

      76-acre Demorest, GA tract with Chattahoochee and Soque River frontage.
      Twin River Orchard Road, Demorest, GA 30535
      View Details
    • $1,100,000
      2,239 SF

      Turn-Key Medical Facility Available

      Fully renovated medical space with furnishings and medical-grade buildout.
      790 Hist Highway 441, Demorest, GA 30535
      View Details
    • $149,900

      Soque Riverfront Acreage Opportunity

      Five-acre lot on the Soque River with waterfall views.
      Olde Rockhouse Lane lot: 4, Demorest, GA 30535
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.33+/- acre commercial land with high traffic and utilities.
    Where is this commercial land located?
    The property is located at 1655 Central Avenue Demorest, GA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: High‑Intensity (HI) Zoning suitable for business development; Excellent location: just 1/2 mile from North East Georgia Medical Center & Piedmont College; High traffic count: 13,400 average daily traffic (2017 data)
    (770) 503-7070
    We can help!
    Listing Contact
    Latasha Cirincione
    Real Estate License ID: 287254
    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
    1655 Central Avenue, Demorest, GA 30535
    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!