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    2434 Mars Hill Rd Watkinsville, GA 30677

    For Sale
    $995,000

    5.13 Acres, B-1 Zoning, High Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 5.13-acre commercial land parcel, identified by APN B 04 007A, B 04 007AA, presents a unique investment opportunity in the thriving Watkinsville, Georgia market. Located at 2434 & 2438 Mars Hill Rd, 30677, this B-1 zoned property boasts convenient access to both Mars Hill Road and Daniels Bridge Road, enhanced by a 100-foot easement on Daniels Bridge Road. The property is primarily wooded, featuring a creek along its western boundary. Existing improvements include a 3,148 square foot ranch-style home and several storage buildings, offering potential for immediate use or redevelopment. Its prime location and zoning make it ideally suited for a variety of commercial ventures, including office, retail, or hotel development. This high-growth area offers significant potential for future appreciation, making this a compelling investment opportunity for discerning buyers seeking a strategic foothold in a rapidly expanding market. The property's size and accessibility, combined with its desirable location and zoning, present a rare chance to acquire a significant commercial land holding in Oconee County.

    Property Features for 2434 Mars Hill Rd

    General Information

    Property type
    Land
    Lot Size
    223,463 SF

    HighLights

    • Dual access via Daniels Bridge Rd and Mars Hill Rd.
    • Located in a high‑growth area.
    • Excellent site for office, retail, or hotel development.
    • 100‑foot access easement on Daniels Bridge Rd.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Watkinsville
    County
    Oconee
    State
    Georgia
    Longitude
    -83.4630779
    Latitude
    33.9062363

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    FAQs

    What type of property is this?
    Land - 5.13 Acres, B-1 Zoning, High Growth Area
    Where is this land located?
    The property is located at 2434 Mars Hill Rd Watkinsville, GA.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Dual access via Daniels Bridge Rd and Mars Hill Rd.; Located in a high-growth area.; Excellent site for office, retail, or hotel development.
    (706) 548-9300
    Request Owner's contact information
    2434 Mars Hill Rd Watkinsville, GA 30677
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    Watkinsville, GA 30677
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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
    2434 Mars Hill Rd Watkinsville, GA 30677
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