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Property profile & analytics
OFF-MARKET
Land

14B & C Rainbow Rdg Hiawassee, GA 30546

Property ID
Property summary
AI-generated overview

This exceptional offering presents a rare opportunity to acquire two vacant lots totaling 14B & C Rainbow Ridge in Hiawassee, Georgia, zip code 30546. Priced at $59,900, this property is zoned for manufacturing and offers unparalleled flexibility. The land is conveniently located near downtown Hiawassee and Lake Chatuge, providing easy access to amenities and recreational activities. Buyers can take advantage of the absence of restrictive covenants, allowing for diverse development options. Imagine building a single-family home, a pair of residences, or even utilizing the space for recreational vehicles. With some strategic landscaping, breathtaking long-range mountain views can be fully realized. The property boasts readily available utilities, including water, electricity, and fiber optic internet access. This presents a unique chance to construct a new home before winter, capitalizing on the area's desirable location and stunning natural beauty. The absence of restrictions also allows for short-term rentals, adding to the investment potential. This is a truly remarkable opportunity for those seeking a buildable lot in a picturesque setting with convenient access to local attractions.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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