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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    101 Tennessee Ave Mccaysville, GA 30555

    • Commercial real estate
    • 0.14 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 101 Tennessee Ave

    Year built
    1973
    Lot size
    0.14 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional commercial property, located at 101 W Tennessee Avenue in the heart of McCaysville, Georgia, presents a unique investment opportunity. The 0.14-acre lot currently houses a thriving business with 125 vendors, generating substantial income with significant upside potential for increased revenue. The property's versatile zoning allows for the continuation of the existing business model or adaptation to suit a variety of other commercial uses. Ample on-site parking caters to both vendors and customers, complemented by high foot traffic due to its prime downtown location near shops, breweries, restaurants, and two passenger train lines (The Blue Ridge Scenic Railway and The Hiwassee River Scenic Railroad). Its proximity to the Tennessee/Georgia state line adds to its unique appeal. This property offers endless possibilities for income generation and growth, making it an attractive investment for savvy entrepreneurs and portfolio expanders. Note that an adjacent 46x100 lot (MLS 412699) is available for separate purchase. Detailed financial information regarding business income is available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mccaysville
    County
    Fannin
    State
    Georgia
    Longitude
    -84.3731
    Latitude
    34.9874

    Comparable in this City

    • Value Estimation by Request
      0.11 Acres

      Blue Rdg Dr

      COMMERCIAL (GENERAL) • 0.11 Acres
      Blue Rdg Dr, Mc Caysville, GA 30555
      View Details
    • Value Estimation by Request

      21.43Ac Blue Tick Rd

      Manufacturing properties
      0 21.43Ac Blue Tick Rd, Dunn, GA 30555
      View Details
    • Value Estimation by Request
      0.22 Acres

      Mc Caysville, GA 30555

      COMMERCIAL (GENERAL) • 0.22 Acres
      Mc Caysville, GA 30555
      View Details
    • Value Estimation by Request
      0.49 Acres

      340 Toccoa Ave

      COMMERCIAL (GENERAL) • 0.49 Acres
      340 Toccoa Ave, Mc Caysville, GA 30555
      View Details
    • Value Estimation by Request
      1,248 SF

      75 Toccoa Ave

      COMMERCIAL (GENERAL) • 1,248 SF
      75 Toccoa Ave, Mc Caysville, GA 30555
      View Details
    • Value Estimation by Request
      0.44 Acres

      Mc Caysville, GA 30555

      CHARITABLE ORGANIZATION • 0.44 Acres
      Mc Caysville, GA 30555
      View Details

    Similar Nearby for Sale

    • $1,800,000
      78.70 Acres

      Undeveloped Land with Farmhouse

      Nearly 80 acres of picturesque land with endless potential.
      365 Waters Rd, McCaysville, GA 30555
      View Details
    • New
      $299,000
      1,600 SF

      Versatile Commercial Building in McCaysville

      Commercial building suitable for office, medical, salon, or retail.
      28 Weaver St, McCaysville, GA 30555
      View Details
    • $700,000

      Versatile Commercial Property with Residence

      3.07 acres in McCaysville, GA, with commercial/residential potential.
      176 E Tennessee Ave, Fry, GA 30555
      View Details
    • $99,900
      0.10 Acres

      Commercial Lot in Downtown McCaysville

      Centrally located commercial lot with high pedestrian traffic.
      Tennessee Ave, Fry, GA 30555
      View Details
    • $39,000
      2.01 Acres

      Mountain Homesite in Gated Community

      2.01-acre lot in Hidden Valley Lakes, McCaysville, GA.
      73 Mountain View Rd, McCaysville, GA 30555
      View Details
    • New
      $179,900
      10.00 Acres

      Unrestricted Acreage with Creek Frontage

      10-acre property with creek frontage near Blue Ridge, Georgia.
      Cutcane Rd, Mineral Bluff, GA 30555
      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.
    101 Tennessee Ave
    Mccaysville, GA 30555
    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

    Google sign-in failed. Please try again or use another login method.