Property profile

082039 Old Athens Hwy Cornelia, GA 30531

OFF-MARKET
Retail properties & Spaces
53 SF 53.11 ac lot Built 1701
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 53.11-acre parcel presents a unique investment opportunity in the thriving commercial district of Cornelia, Georgia. Located at 082039 Old Athens Hwy, this expansive property offers significant potential for diverse development. Preliminary plans indicate the feasibility of constructing a 79-home residential community or a substantial strip mall, catering to the area's growing needs. The site's strategic location within a well-established neighborhood ensures convenient access to a wide array of amenities and services. The property's 53.11 acres provide ample space for large-scale development, allowing for significant flexibility in design and layout. Detailed plans are available for review, outlining the potential for either residential or commercial construction. Given its size and prime location, this property represents a rare opportunity to capitalize on the strong commercial activity and residential demand in Cornelia. Prospective buyers are encouraged to conduct thorough due diligence, including reviewing county records, to fully assess the development potential and associated regulations. The asking price is $2,500,000. This is a remarkable chance to acquire a substantial land holding in a rapidly developing area. Don't miss this chance to shape the future of Cornelia.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1701
Total area 53 SF
Lot 53.11 ac (2,313,472 SF)

Cap rate & NOI

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

Location

082039 Old Athens Hwy Cornelia, GA 30531
Cornelia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 082039 Old Athens Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message