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    Recreation Waterfront Land Title is generated by Realmo AI

    Shoal Creek Road, Clarkesville, GA 30523

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    Claim this Listing
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    For Sale
    $1,920,000

    LAND - Clarkesville, GA

    Lot size:
    96.06 Acres
    Added:
    Jun 3, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 4 at 12:06 am

    Property Features for Shoal Creek Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Low Int
    Vegetation
    Partially Wooded, Heavily Wooded
    Standard status
    Active
    APN
    063 121A
    Lot size
    96.06 Acres

    Taxes and HOA fees

    Tax Description
    As described in Habersham County Deed Book 849 PG 503

    Utilities

    Water front features
    Creek
    Water front
    1

    We can help!

    Listing Contact
    Catherine Cobb
    Catherine Cobb

    Listing agent Catherine Cobb License #283576

    Listing office Southeastern Fine Properties 715 Bell Road, Ellabell, GA

    Listing date Jun 3, 2026

    MLS# SA357386 Listing URL

    Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 96+ acre North Georgia tract with creek frontage along Shoal Creek (approx. 1,400' along both sides)
    • Shoal Creek is a tributary of the Soque River, known as a trophy trout fishery
    • Gentle topography rises from about 1,400 ft at the entrance on Shoal Creek Road to a hilltop around 1,570 ft
    • Multiple homesites throughout the property, with some sites potentially offering long‑range views with selective tree removal
    • Mixed hardwoods and pines create a forest canopy and habitat for white‑tail deer and turkey
    • Convenient access to nearby areas: about 1 hr 45 min to Atlanta, 1 hr to Highlands, NC, 45 min to Clayton, GA, and 15 min to Clarkesville, GA

    Overview

    This 96.06-acre tract of recreation waterfront land features a mix of hardwoods and pines and supports local wildlife, including white-tail deer and turkey. Approximately 1,400 feet of Shoal Creek runs along both sides of the property, with Shoal Creek identified as a tributary of the Soque River. The topography is gentle, rising from about 1,400 feet at the entrance on Shoal Creek Road to a hilltop area around 1,570 feet. Multiple homesites are located throughout the property, and select areas may offer long-range views with selective tree removal.

    Access is via Shoal Creek Road. The property sits in Habersham County near Clarkesville, with distances noted in the listing as roughly 15 minutes to Clarkesville, 45 minutes to Clayton, and about 1 hour from Highlands, North Carolina, and approximately 1 hour and 45 minutes from Atlanta.

    For buyers looking for a private family homestead, recreation-focused acreage, or a larger-lot development concept, the combination of homesites and extensive creek frontage provides flexibility for a variety of uses. The gently rolling terrain and wooded cover can support both secluded living and outdoor recreation, while the presence of multiple potential building areas helps accommodate different layout preferences. Zoning is listed as Low Int.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Clarkesville
    County
    Habersham
    State
    Georgia
    Longitude
    -83.530632
    Latitude
    34.673593

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    FAQs

    What type of property is this?
    Recreation land - Nearly 96 acres with creek frontage, multiple homesites, and a mix of hardwoods and pines for private recreation.
    Where is this recreation land located?
    The property is located at Shoal Creek Road Clarkesville, GA.
    What is the asking price?
    The asking price for this property is $1,920,000.
    What are key features of this property?
    This property features: 96+ acre North Georgia tract with creek frontage along Shoal Creek (approx. 1,400' along both sides); Shoal Creek is a tributary of the Soque River, known as a trophy trout fishery; Gentle topography rises from about 1,400 ft at the entrance on Shoal Creek Road to a hilltop around 1,570 ft
    (912) 856-5582
    We can help!
    Listing Contact
    Catherine Cobb
    Catherine Cobb
    Real Estate License ID: 283576
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    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.

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