1422 Malory Cir Ellijay, GA 30540
This exceptional 0-unit vacant land parcel, located at Lot 1422 Malory Circle in Ellijay, Georgia (zip code 30540), presents a unique opportunity for manufacturing development. Priced at $12,500, this gently sloping, wooded lot offers a prime location within the highly desirable Coosawattee River Resort community. The property's quiet, secluded road ensures privacy and abundant wildlife viewing opportunities. The lot's gentle downhill slope is ideal for a daylight basement, adding significant potential living space. Residents enjoy convenient access to the resort's impressive recreation center, featuring an Olympic-sized, year-round heated indoor pool, a fitness center, game room, miniature golf, and basketball courts. A significant advantage is the deeded river access, allowing for fishing, tubing, and kayaking directly on the Coosawattee River. The gated community provides security and peace of mind. Furthermore, short-term vacation rentals are permitted, making this property attractive for both full-time residents and investors seeking to expand their portfolio. This is a rare chance to build and own in a sought-after North Georgia community with unparalleled amenities. The property is situated in Gilmer County, Georgia, and its coordinates are 34.6414763 latitude and -84.580934 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.