Current Use by Public Records
- Land
Property Details for 0 Chestatee St
- Year built
- 1900
- Lot size
- 6.05 lot acres
- Property type
- Land
Description
This exceptional 6.05-acre commercial land parcel presents a compelling investment opportunity in Dahlonega, Georgia. Located on Highway 60/S. Chestatee Street, the property boasts significant road frontage of approximately 1280 feet, ensuring high visibility and accessibility. Built in 1900, the land is currently undeveloped, offering a blank canvas for a diverse range of commercial ventures. Its expansive size allows for substantial development potential, catering to various needs, from medical facilities and retail spaces to residential projects or office buildings. The property's strategic location within Lumpkin County, Georgia, and its proximity to Dahlonega (zip code 30533) provides easy access to local amenities and a thriving community. The asking price is $399,000. While the property's age is noted, the absence of existing buildings allows for complete customization and modern construction. This presents a unique chance to create a tailored commercial development in a desirable location. The 0% cap rate reflects the undeveloped nature of the land and the potential for significant future returns based on the chosen development. Serious inquiries are encouraged to explore the possibilities of this remarkable property.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dahlonega
- County
- Lumpkin - GA
- State
- Georgia
- Longitude
- -83.944
- Latitude
- 34.4625
