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Property profile

241 Acres Legion Rd Ellijay, GA 30540

OFF-MARKET
Mixed-use properties
241 ac lot
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Property summary

AI-generated overview

This exceptional 241-acre property, located at 241 Acres Legion Road, Ellijay, Georgia, 30540, presents a unique mixed-use development opportunity. Currently zoned PUD-C, this expansive parcel offers unparalleled flexibility for a variety of projects, including single-family homes, townhomes, condominiums, apartments, zero lot line homes, and light commercial ventures. Previously zoned R-1, the rezoning to PUD-C significantly enhances development potential. The land boasts stunning long-range mountain views, complemented by the natural beauty of creeks and streams flowing through a wooded setting. A gravel road is already in place, simplifying access and paving the way for immediate development. This location provides convenient access to the amenities of downtown Ellijay, with its year-round shopping and dining options, ensuring a vibrant and desirable setting for any development. The asking price for this remarkable property is $1,995,000. Access to the property is by appointment only. This is an exceptional investment opportunity for developers seeking a large-scale project in a picturesque and rapidly growing area.

Property profile

Verified
Property type Mixed-use properties
Lot 241 ac (10,497,960 SF)

Cap rate & NOI

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

Location

241 Acres Legion Rd Ellijay, GA 30540
Ellijay metro
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Value estimations

Realmo proprietary · 4 methods
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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
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