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    Property profile & analytics

    1023 Central Ave Demorest, GA 30535

    • Schools
    • 5,550 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US22-1853491
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Schools

    Property Details for 1023 Central Ave

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.62 lot acres
    Property size
    5,550 SF
    Zone code
    HI
    Property type
    Schools
    APN
    079 011
    APU
    79011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Demorest
    County
    Habersham
    State
    Georgia
    Longitude
    -83.5445
    Latitude
    34.5662
    CBSA code
    18460
    CBSA name
    CORNELIA, GA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,359
    $38,880
    $90,520
    $129,400
    -
    $97,200
    $226,300
    $323,500

    Comparable in this City

    • Value Estimation by Request
      55,023 SF

      365 College Dr

      COLLEGE, UNIVERSITY, VOC SCHOOL • 55,023 SF
      365 College Dr, Demorest, GA 30535
      View Details
    • Value Estimation
      $215,000
      8,176 SF

      411 Laurel Ave

      COLLEGE, UNIVERSITY, VOC SCHOOL • 8,176 SF
      411 Laurel Ave, Demorest, GA 30535
      View Details
    • Value Estimation
      $425,000
      4,634 SF

      163 Piedmont College Cir

      COLLEGE, UNIVERSITY, VOC SCHOOL • 4,634 SF
      163 Piedmont College Cir, Demorest, GA 30535-5267
      View Details
    • Value Estimation by Request
      35,444 SF

      1021 Central Ave

      COLLEGE, UNIVERSITY, VOC SCHOOL • 35,444 SF
      1021 Central Ave, Demorest, GA 30535-5252
      View Details
    • Value Estimation
      $930,000
      24,660 SF

      200 Dorm Dr

      COLLEGE, UNIVERSITY, VOC SCHOOL • 24,660 SF
      200 Dorm Dr, Demorest, GA 30535
      View Details
    • Value Estimation
      $365,000
      25,337 SF

      Johnny Mize Dr

      COLLEGE, UNIVERSITY, VOC SCHOOL • 25,337 SF
      Johnny Mize Dr, Demorest, GA 30535
      View Details

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    1023 Central Ave
    Demorest, GA 30535
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    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
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