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    Property profile & analytics

    123 Maddox Cir East Ellijay, GA 30539

    • Retail space
    • 5,708 SF
    • 0.36 lot acres
    For Sale
    View listing
    $899,000
    Value Estimation
    Location Intelligence
    Property ID
    US22-2440275
    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

    • Retail space

    Property Details for 123 Maddox Cir

    Year built
    2005
    Lot size
    0.36 lot acres
    Property size
    5,708 SF
    Zone code
    C2
    Property type
    Retail space
    APN
    2081 153B
    APU
    2081153B

    Description

    This exceptional 6,000 square foot retail property in East Ellijay, Georgia, presents a unique investment opportunity. Built in 2005, this single-story building sits on a 0.36-acre lot (APN 2081 153B) and is currently configured as a fully operational indoor gun range and shop. The property includes a secure walk-in gun safe, dedicated retail space, a classroom, an office, and a fully equipped repair shop. Its prime location near the intersection of Maddox Drive and Highway 515 ensures high visibility and accessibility. The asking price is $1,199,000, and owner financing is available, providing immediate access to a thriving business. This versatile property offers significant potential for continued operation as a gun range or adaptation to a new commercial venture. The high-traffic location in the scenic North Georgia mountains makes this a compelling investment with unlimited potential. The property's features include ample space, existing infrastructure, and a proven business model. This is a rare opportunity to acquire a well-established business in a desirable location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $335,000
      6.5%
      $285,000
      7%
      $325,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $340,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $255,000
      Retail
      $275,000
      Mixed-Use
      $300,000
      Hospitality
      $240,000
      Educational
      $305,000
      Residential Income
      $285,000
      Energy
      $300,000
      Income-Based Land
      $245,000
      Food Service
      $270,000

    Location Insight

    • Map
    • Local Demand
    City
    East Ellijay
    County
    Gilmer
    State
    Georgia
    Longitude
    -84.481
    Latitude
    34.6777

    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
    2023
    $2,510
    $25,920
    $131,000
    $156,920
    -
    $64,800
    $327,500
    $392,300

    Comparable in this City

    • Value Estimation
      $335,000
      8,230 SF

      10 Riv St

      RETAIL STORES (PERSONAL SERVICES) • 8,230 SF
      10 Riv St, Ellijay, GA 30540-3113
      View Details
    • Value Estimation by Request
      2,868 SF

      87 Depot St

      RETAIL STORES (PERSONAL SERVICES) • 2,868 SF
      87 Depot St, Ellijay, GA 30540-3764
      View Details
    • Value Estimation
      $445,000
      3,875 SF

      42 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,875 SF
      42 Main St, Ellijay, GA 30540-3335
      View Details
    • Value Estimation
      $220,000
      978 SF

      49 Oak St

      RETAIL STORES (PERSONAL SERVICES) • 978 SF
      49 Oak St, East Ellijay, GA 30540-8152
      View Details
    • Value Estimation
      $320,000
      3,040 SF

      89 Highland Xing

      RETAIL STORES (PERSONAL SERVICES) • 3,040 SF
      89 Highland Xing, Ellijay, GA 30540-6297
      View Details
    • Value Estimation
      $340,000
      7,168 SF

      437 Howard Simmons Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,168 SF
      437 Howard Simmons Rd, Ellijay, GA 30540-6456
      View Details

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    Similar Nearby for Lease

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    123 Maddox Cir
    East Ellijay, GA 30539
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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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