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Property profile

1 Spring Ridge Dr Morganton, GA 30560

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 0-unit vacant land parcel, identified as LOT 1 Spring Ridge Drive, presents a unique opportunity for industrial development. Located in the desirable gated community of Spring Ridge in Morganton, Georgia (zip code 30560), this property boasts stunning mountain views. Priced at $59,900, the lot offers a convenient location between Blue Ridge and Blairsville, providing easy access to regional amenities and transportation routes. The property features a pre-existing driveway extending from the paved road to a build-ready homesite, ideal for constructing a new facility. Site preparation is complete with soil work already finished, simplifying the construction process. High-speed internet access is readily available via BREMC fiber, located nearby on Squirrel Hunting Road at the subdivision entrance. This is a rare chance to acquire a well-situated, prepared lot in a sought-after location, perfect for those seeking a manufacturing facility with scenic surroundings. The property is classified as Land, Industrial, with a subtype of Manufacturing, Vacant Land, and Other. The latitude and longitude coordinates are 34.8942115 and -84.1410164 respectively. Fannin County provides the local government jurisdiction.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1 Spring Ridge Dr Morganton, GA 30560
Morganton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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