Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Highway 515 Ellijay, GA 30540

    • Commercial real estate
    • 21.49 lot acres
    For Sale
    View listing
    $499,900
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Highway 515

    Lot size
    21.49 lot acres
    Property type
    Commercial real estate

    Description

    the railway is currently inactive. Ellijay\/Gilmer County is a fast growing area

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ellijay
    County
    Gilmer
    State
    Georgia
    Longitude
    -84.462
    Latitude
    34.7006

    Comparable in this City

    • Value Estimation by Request
      12.86 Acres

      12.86 Highlands Hl Dr

      Land • 12.86 Acres
      0 12.86 Highlands Hl Dr, Ellijay, GA 30540
      View Details
    • Value Estimation by Request
      21.49 Acres

      515 21.49 Ac Hwy

      Commercial real estate • 21.49 Acres
      515 21.49 Ac Hwy, Ellijay, GA 30540
      View Details
    • Value Estimation by Request
      4.74 Acres

      Eller Rd

      Commercial real estate • 4.74 Acres
      Eller Rd, Ellijay, GA 30540
      View Details
    • Value Estimation by Request

      57 Honeysuckle Way

      Land
      57 Honeysuckle Way, Ellijay, GA 30540
      View Details
    • Value Estimation by Request

      4 Hunter Rdg

      Land
      4 Hunter Rdg, Ellijay, GA 30540
      View Details
    • Value Estimation by Request

      32 Buck Creek Rd

      Land
      32 Buck Creek Rd, Ellijay, GA 30540
      View Details

    Similar Nearby for Sale

    • $1,200,000
      4.74 Acres

      Mountain Commercial Land - Ellijay, GA

      4.74 Acres, Prime Location, High Traffic
      4.74Ac Eller Rd, Ellijay, GA 30540
      View Details
    • $499,900
      21.49 Acres

      ensuring convenient ingress and egress. Power and water are conveniently located nearby

      facilitating development opportunities. While railroad tracks cross the rear of the property
      515 21.49 Ac Hwy, Ellijay, GA 30540
      View Details
    • $4,250,000
      12.86 Acres

      Mountain Commercial Land - Ellijay, GA

      12.86 Acres, Prime Commercial Location
      Highlands Hl Dr, Ellijay, GA 30540
      View Details
    • $35,900

      Upscale Carters Lake Lot

      Prime Gated Community Land in Ellijay, GA
      54 Honeysuckle Way, Ellijay, GA 30540
      View Details
    • $349,000
      4,800 SF

      Ellijay Commercial Building - Great Location!

      Versatile Storage Building, 1.61 Acres, Paved Access.
      317 Crossroads Church Rd, Ellijay, GA 30540
      View Details
    • $499,900
      21.49 Acres

      ensuring convenient ingress and egress. Power and water are conveniently located nearby

      facilitating development opportunities. While railroad tracks cross the rear of the property
      Highway 515, Ellijay, GA 30540
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo

      Furnished Office Space in Ellijay

      Furnished office space available for rent in downtown Ellijay.
      51 Broad St, Ellijay, GA 30540
      View Details
    • $7,260 /Mo
      206,474 SF

      Ellijay, GA Commercial Land

      4.74 acres of commercial land for lease in Ellijay.
      4.74Ac Eller Rd, Ellijay, GA 30540
      View Details
    • $17,424 /Mo
      560,182 SF

      Ellijay, GA Commercial Land

      12.86 acres of commercial land for lease in Ellijay.
      12.86Ac Highlands Hl Dr, Ellijay, GA 30540
      View Details
    • $3,000 /Mo
      1,908 SF

      Ellijay Commercial Warehouse For Rent

      Versatile warehouse space with highway visibility and ample parking.
      1328 Old Northcutt Rd, Ellijay, GA 30540
      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.
    Highway 515
    Ellijay, GA 30540
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.