Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8143 Cherokee Dr Canton, GA 30115
    Back to Search
    Property profile & analytics

    8143 Cherokee Dr, Canton, GA 30115

    View on Map
    • Land
    • 56.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 8143 Cherokee Dr

    Lot size
    56.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 56-acre property in Canton, Georgia, presents a unique investment opportunity. 39 acres are zoned AG, complete with a pre-approved Lot Development Plan (LDP) for fifteen 2-acre lots. The remaining 17 acres boast two fully stocked lakes (4.25 and 2.25 acres), meticulously maintained dams with syphon systems and spillways, and a perfectly flat, regulation-sized (300 ft) ball field ideal for recreational use or a home site. The lakes, built in 1986 and 1944 respectively, are teeming with bass, brim, perch, and shellcrackers. The property also features mature woods, hayfields, and significant Canton Creek frontage, offering both road frontage and secluded privacy. A Level 3 Soils Report is available. This property is not included in the county's high-density use plan and is conveniently located near Woodstock, Alpharetta, Roswell, Ball Ground, shopping, restaurants, and Northside Cherokee Hospital (within 20 and 15 minutes respectively). No long due diligence periods or re-zoning requests will be considered. The asking price is $6,910,000. The property's address is 8143 E Cherokee Dr, Canton, GA 30115.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Cherokee
    State
    Georgia
    Longitude
    -84.3732
    Latitude
    34.2271

    Comparable in this City

    • Value Estimation by Request
      4.59 Acres

      348 Pat Rich Dr

      Farms
      348 Pat Rich Dr, Canton, GA 30115
      View Details
    • Value Estimation by Request
      47.12 Acres

      Jesse Martin Trl

      Farms
      0 Jesse Martin Trl, Canton, GA 30115
      View Details
    • Value Estimation by Request
      24.67 Acres

      2648 Hickory Flat Hwy

      Farms
      2648 Hickory Flat Hwy, Canton, GA 30115
      View Details
    • Value Estimation by Request

      17 And 18

      Land
      17 And 18, Canton, GA 30115
      View Details
    • Value Estimation by Request
      1.00 Acre

      10561 Cherokee Dr

      Land
      10561 Cherokee Dr, Canton, GA 30115
      View Details
    • Value Estimation by Request
      1.30 Acres

      Hickory Flat Hwy

      Land
      0 Hickory Flat Hwy, Canton, GA 30115
      View Details

    Similar Nearby for Sale

    • New
      $600,000
      3,150 SF

      Acreage Property on Roper Road

      Updated home on approximately 2 private acres in Canton.
      1274 Roper Rd, Canton, GA 30115
      View Details
    • Contact for pricing

      Cherokee County Equestrian Estate

      27+ acre equestrian estate with barn, pond, and updated home.
      336 Tanglewood Dr, Canton, GA 30115
      View Details
    • $1,898,000
      4,517 SF

      New Ranch Estate on Acreage

      Custom two-story ranch estate on 4.21 acres in Canton, GA.
      146 Sherwood Ln, Canton, GA 30115
      View Details
    • $1,150,000
      11.35 Acres

      Canton, GA Acreage Opportunity

      11.35-acre tract ideal for building a dream home.
      565 Avery Rd, Canton, GA 30115
      View Details
    • $825,000
      9.35 Acres

      Canton Acreage with Conservation Benefits

      9.35 acres in Canton, GA, suitable for recreation/equestrian use.
      565B Avery Rd, Canton, GA 30115
      View Details
    • $825,000
      9.35 Acres

      Canton, GA Acreage For Sale

      9.35 acres in Canton, GA, ideal for recreation/equestrian use.
      565B Avery Rd, Canton, GA 30115
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land in Canton, GA

      Land available for lease in a growing Canton community.
      E Cherokee St & Cumming Hwy, Canton, GA 30115
      View Details
    • $35 SF/Yr

      Modern Retail and Restaurant Spaces

      New retail and restaurant spaces in Holly Springs Town Center.
      1 Hickory Spg Pkwy, Holly Springs, GA 30115
      View Details
    • Contact for pricing

      Updated Building on Highway 20

      Updated 4,300 SF building suitable for medical, office, or retail.
      5615 Cumming Hwy, Canton, GA 30115
      View Details
    • $3,500 /Mo
      6,400 SF

      Canton Commercial Building For Lease

      Commercial building for lease with offices, open space, and basement.
      5965 Cumming Hwy, Canton, GA 30115
      View Details
    • Contact for pricing

      Retail Space in Canton, Georgia

      Class-A shopping center space for lease in Canton, GA.
      2249 Cumming Hwy, Canton, GA 30115
      View Details
    • Contact for pricing

      Retail Space at High-Traffic Intersection

      Retail property at a busy intersection with ample parking.
      6175 Hickory Flat Hwy, Canton, GA 30115
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8143 Cherokee Dr
    Canton, GA 30115
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8143 Cherokee Dr, Canton, GA, 30115
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!