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    Highway 59 Commerce, GA 30529

    For Sale
    $6,651,750

    88.69 Acres, I-85 Frontage, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Exceptional 88.69-acre commercial land parcel in Commerce, Georgia, presents a significant development opportunity. Strategically located one exit north of the Tanger Outlet Mall interchange off Interstate 85, this property boasts prime frontage along I-85 and additional access on Highway 59. The land is zoned ARR in Banks County, offering flexibility for future commercial or residential projects. The seller is open to both outright sale and ground lease options, and a substantial due diligence period is available to facilitate necessary entitlements. This location offers unparalleled visibility and accessibility, making it ideal for a variety of development uses. An additional 13.37-acre parcel (listing #10257605) across Highway 59 is also available for purchase, providing potential for expansion. The asking price for this exceptional property is $6,651,750. The property's APN is B77 022. For further details or to explore other nearby tracts, please visit www.I85land.com.

    Property Features for 0 Highway 59

    General Information

    Property type
    Land
    Lot Size
    3,863,336 SF

    HighLights

    • $6,651,750 asking price.
    • 88.69‑acre commercial land parcel.
    • ARR zoning in Banks County, GA.
    • Located one exit north of Tanger Outlet Mall interchange on I‑85, with frontage on Highway 59.
    • Potential for commercial or residential development; sale or ground lease options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Commerce
    County
    Banks
    State
    Georgia
    Longitude
    -83.4856913
    Latitude
    34.1805506

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    FAQs

    What type of property is this?
    Land - 88.69 Acres, I-85 Frontage, Development Ready
    Where is this land located?
    The property is located at Highway 59 Commerce, GA.
    What is the asking price?
    The asking price for this property is $6,651,750.
    What are key features of this property?
    This property features: $6,651,750 asking price.; 88.69-acre commercial land parcel.; ARR zoning in Banks County, GA.
    (770) 634-4848
    Request Owner's contact information
    Highway 59 Commerce, GA 30529
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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
    Highway 59 Commerce, GA 30529
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