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    1St Ave Ellijay, GA 30536

    For Sale
    $799,000

    Mountain Views, Ready to Build, 8 Acres

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 8.19-acre commercial land parcel in Ellijay, Georgia, presents a unique opportunity for developers. Located on First Avenue East, this vacant property offers a prime location just minutes from downtown Ellijay and a half-mile from an Ingles supermarket, combining convenience with stunning mountain vistas. The site boasts several key advantages, including a pre-graded site, ready for immediate development, a dedicated drive cut-in, and two-level terrace areas ideal for construction. City utilities and power infrastructure are readily accessible. The property is zoned C1, providing flexibility for various commercial uses. Built in 2023, this lot (APN 2081 155) is one of the few within Ellijay city limits offering this combination of accessibility and scenic beauty. The asking price is $799,000. This is an exceptional opportunity to capitalize on the growing Ellijay market and create a thriving commercial venture in a highly desirable location. The property's size and location make it an ideal candidate for a variety of commercial developments, taking advantage of its proximity to both downtown and essential amenities. The existing infrastructure and pre-grading significantly reduce development time and costs.

    Property Features for 0 1St Ave

    General Information

    Property type
    Land
    Square Feet
    1 SF
    Lot Size
    356,756 SF

    Building Details

    Year Built
    2023

    HighLights

    • 8.19‑acre commercial land parcel in Ellijay, GA, zoned C1.
    • Prime location on First Avenue East, minutes from downtown and 1⁄2 mile from Ingles.
    • Pre‑graded site ready for immediate development, featuring a dedicated drive and two‑level terraces.
    • City utilities and power readily available.
    • Asking price: $799,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ellijay
    County
    Gilmer
    State
    Georgia
    Longitude
    -84.3331694
    Latitude
    34.6647455

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    FAQs

    What type of property is this?
    Land - Mountain Views, Ready to Build, 8 Acres
    Where is this land located?
    The property is located at 1St Ave Ellijay, GA.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: 8.19-acre commercial land parcel in Ellijay, GA, zoned C1.; Prime location on First Avenue East, minutes from downtown and 1⁄2 mile from Ingles.; Pre-graded site ready for immediate development, featuring a dedicated drive and two-level terraces.
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    Realmo Value Estimation

    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.

    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.

    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
    1St Ave Ellijay, GA 30536
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