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

    22 Old Bullen Gap Road Blue Ridge, GA 30513

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $189,900

    4+ acres of pasture land with RV hookups.

    Type:Land or Vacant Lot
    Lot size:
    4.27 Acres
    Added:
    Jan 20, 2026
    Days on Market:
    93
    Last Refresh:
    Apr 5 at 10:23 pm

    Property Features for 22 Old Bullen Gap Road

    General Information

    Standard status
    Active
    Lot size
    4.27 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    JAMES ELLINGTON
    JAMES ELLINGTON

    Listing agent JAMES ELLINGTON License #356830

    Listing office REMAX TOWN & COUNTRY - ELLIJAY

    Listing date Jan 20, 2026

    Source Corcoran

    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 REMAX TOWN & COUNTRY - ELLIJAY

    Overview

    Land Near Downtown Blue Ridge

    This property, located in the North Georgia mountains, comprises over 4 acres. Approximately 3 acres consist of pasture land suitable for a homesite. An additional 1.269 acres include two RV hookups, complete with water, power, and septic systems for both sites. An easement is in place, providing access from one side of the property to the other. The property is located minutes from Downtown Blue Ridge, Georgia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Real Estate Agency Hotel & Motel (Bike/Boat/Book/etc) Store Travel Agency Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Blue Ridge
    County
    Fannin
    State
    Georgia
    Longitude
    -84.3604
    Latitude
    34.8537

    Nearby Similar for Sale

    • $895,000
      2,040 SF

      Established Restaurant in Blue Ridge

      Profitable restaurant investment opportunity in a prime Blue Ridge location.
      2414 E First Street, Blue Ridge, GA 30513
      View Details
    • $2,500
      3,800 SF

      Blue Ridge Commercial Flex Space

      Versatile commercial property with office and warehouse space in Blue Ridge.
      419 Ballewtown Road, Blue Ridge, GA 30513
      View Details
    • $3,499,900
      11,200 SF

      Remodeled Mixed-Use Building in Blue Ridge

      Remodeled mixed-use property with retail, wine bar, and offices.
      146 Depot Street, Blue Ridge, GA 30515
      View Details
    • $2,500
      1,380 SF

      Blue Ridge Retail/Office Space

      Prime commercial space in Blue Ridge, available June 1, 2026.
      3900 East First Street, Blue Ridge, GA 30513
      View Details
    • $3,675,000
      9,200 SF

      Renovated Retail Building in Blue Ridge

      Multi-tenant retail building with investment or owner/user potential.
      10091 Blue Ridge Drive, Blue Ridge, GA 30513
      View Details
    • $3,000,000
      5,820 SF

      Historic Blue Ridge Inn For Sale

      Iconic Victorian inn in downtown Blue Ridge, Georgia.
      477 First Street, Blue Ridge, GA 30513
      View Details
    • $4,000
      864 SF

      Downtown Blue Ridge Commercial Space

      Prime commercial space in the heart of downtown Blue Ridge.
      56 Mountain Street, Blue Ridge, GA 30513
      View Details
    • $875,000

      Manufacturing Company in Blue Ridge

      Established cabinet and door manufacturing company for sale in Georgia.
      George Curtis Road, Blue Ridge, GA 30513
      View Details
    • $4,500

      Downtown Blue Ridge Commercial Space

      Prime commercial space in downtown Blue Ridge, high-traffic location.
      322 Main Street, Blue Ridge, GA 30513
      View Details
    • $1,235,000
      1,507 SF

      Prime Corner Lot in Blue Ridge

      1.1-acre corner lot with a 1930 farmhouse in downtown Blue Ridge.
      200 River Street, Blue Ridge, GA 30513
      View Details
    • $485,000

      Blue Ridge Commercial Lot

      Commercial lot in Blue Ridge with mountain views and utilities.
      Blue Ridge Overlook, Blue Ridge, GA 30513
      View Details
    • $999,900

      Commercial Lot in Blue Ridge

      0.96 acre commercial lot with utilities in Blue Ridge.
      742 2nd Street, Blue Ridge, GA 30513
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 4+ acres of pasture land with RV hookups.
    Where is this agricultural land / farmland located?
    The property is located at 22 Old Bullen Gap Road Blue Ridge, GA.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: Over 4 acres of land close to Downtown Blue Ridge, GA; 3 acres of pasture land suitable for building a home; Additional 1.269 acres with 2 RV hookups
    (706) 515-7653
    We can help!
    Listing Contact
    JAMES ELLINGTON
    JAMES ELLINGTON
    Real Estate License ID: 356830
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!