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    Property profile & analytics

    1489 Boy Scout Rd Blairsville, GA 30512

    • Commercial real estate
    • 109.51 lot acres
    For Sale
    View listing
    $2,299,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-3196654
    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

    • Commercial real estate

    Property Details for 1489 Boy Scout Rd

    Lot size
    109.51 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 109.51-acre property presents a rare opportunity in Blairsville, Georgia. Located at 1489 Boy Scout Road, Union County, zip code 30512 (latitude 34.9291097, longitude -84.1251355), this agricultural land boasts breathtaking mountain views and a tranquil setting. The gently sloping terrain features beautiful pastures and a flowing branch, creating a picturesque landscape. Abundant wildlife and mountain laurels add to the natural beauty. The property's convenient location offers easy access to Lake Nottely, enhancing its recreational appeal. Existing structures include an older home and a barn, offering potential for renovation or redevelopment. This expansive tract is ideal for a private mountain retreat or a sound investment, presenting a unique chance to own a significant piece of North Georgia's stunning natural beauty. The asking price is $2,499,900. This is a truly once-in-a-lifetime opportunity to acquire a substantial and idyllic piece of land in a highly desirable location. Don't miss this chance to own a piece of the Georgia mountains.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Blairsville
    County
    Union
    State
    Georgia
    Longitude
    -84.1251355
    Latitude
    34.9291097

    Comparable in this City

    • $765,000
      3,192 SF

      Blairsville Mini-Farm Near Lake Nottely

      Mini-farm on 11.18 acres with multiple barns and farmhouse.
      102 Tate Mill Rdg, Blairsville, GA 30512
      View Details
    • $2,299,000

      109+ Acres Mountain Property

      Beautiful mountain property in North Georgia, ideal for retreat/investment.
      1489 Boy Scout Rd, Blairsville, GA 30512
      View Details
    • $699,900
      12 SF

      Equine Barn Venue on Acres

      Equine barn venue on 5 acres, endless possibilities!
      86 Stable Gate Dr Blairsville, Blairsville, GA 30512
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    • $39,000

      Bryant Cove Building Lot

      Building lot in Bryant Cove neighborhood with mountain and woodland feel.
      LOT20 Bryant Cove Rd, Blairsville, GA 30512
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    • $39,000

      Bryant Cove Building Lot

      Building lot in Bryant Cove neighborhood with mountain and woodland feel.
      LOT21 Bryant Cove Rd, Blairsville, GA 30512
      View Details
    • $99,000

      Creek Frontage Wooded Lot

      1.46-acre wooded lot with over 100 feet of creek frontage.
      32 Byers Rd, Blairsville, GA 30512
      View Details

    Similar Nearby for Sale

    • $765,000
      3,192 SF

      Blairsville Mini-Farm Near Lake Nottely

      Mini-farm on 11.18 acres with multiple barns and farmhouse.
      102 Tate Mill Rdg, Blairsville, GA 30512
      View Details
    • $2,299,000

      109+ Acres Mountain Property

      Beautiful mountain property in North Georgia, ideal for retreat/investment.
      1489 Boy Scout Rd, Blairsville, GA 30512
      View Details
    • $699,900
      12 SF

      Equine Barn Venue on Acres

      Equine barn venue on 5 acres, endless possibilities!
      86 Stable Gate Dr Blairsville, Blairsville, GA 30512
      View Details
    • Contact for pricing
      1.39 Acres

      Blairsville Walmart Outlot - 1.39 Acres

      Prime Commercial Land, Walmart Visibility
      2257 Highway 515, Blairsville, GA 30512
      View Details
    • $165,000

      Recreational Lot with Outdoor Kitchen

      Recreational lot featuring an outdoor kitchen and double-decker party deck.
      340 Mountain Creek Rd, Blairsville, GA 30512
      View Details
    • $59,900

      Unrestricted Wooded Land For Sale

      2.13 acres of unrestricted, gently sloped, wooded land.
      1B Praise The Lord Ln, Blairsville, GA 30512
      View Details
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    Blairsville, GA 30512
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    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
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