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    Us 76/Ga Hwy 515 Morganton, GA 30560

    Sponsored
    For Sale
    $1,200,000

    39.91 Acres, Prime Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 39.91-acre commercial land parcel presents a remarkable redevelopment opportunity in Morganton, Georgia. Located at the intersection of US 76/GA Hwy 515 and Forge Mill Road, this property boasts excellent visibility and accessibility. The permitted zoning is 05, offering considerable flexibility for a variety of commercial ventures. The site's attractive landscape adds to its appeal. Given its size and strategic location, this land is ideally suited for significant commercial development, capitalizing on the growth trajectory of the Blue Ridge area. The property's APN is 0024-028. The asking price for this prime commercial land is $1,200,000. The seller is open to considering a joint venture under suitable terms. Serious inquiries are encouraged to explore this lucrative investment prospect. This is a rare opportunity to acquire a substantial tract of land in a rapidly developing region. The property is situated in Fannin County, Georgia, with a zip code of 30560. Its coordinates are 34.8350368 latitude and -84.2067992 longitude.

    Property Features for 0 Us 76/Ga Hwy 515

    General Information

    Property type
    Land
    Lot Size
    1,738,480 SF

    HighLights

    • $1,200,000 asking price.
    • 39.91‑acre commercial land parcel.
    • Located in Morganton, GA, Fannin County (APN 0024‑028).
    • Zoned 05.
    • Situated on US 76/GA Hwy 515 with access to Forge Mill Rd.
    • Owner will consider a joint venture.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Morganton
    County
    Fannin
    State
    Georgia
    Longitude
    -84.2067992
    Latitude
    34.8350368

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    FAQs

    What type of property is this?
    Land - 39.91 Acres, Prime Development Opportunity
    Where is this land located?
    The property is located at Us 76/Ga Hwy 515 Morganton, GA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price.; 39.91-acre commercial land parcel.; Located in Morganton, GA, Fannin County (APN 0024-028).
    Request Owner's contact information
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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

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    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
    Us 76/Ga Hwy 515 Morganton, GA 30560
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