20 Allison St Blairsville, GA 30512
This exceptional 9.15-acre property presents a remarkable development opportunity in the heart of downtown Blairsville, Georgia. Located at 20 & 153 Allison Street, this strategically situated land boasts convenient access to Town Square, Highway 76, an array of restaurants and shopping, and all local schools. The property comprises two contiguous parcels, currently zoned residential, and includes three existing houses totaling approximately 5,387 square feet. Offering mostly flat terrain and access to all utilities, minimal grading is required for development. Multiple points of ingress and egress are available off Blue Ridge Street and Rogers Street. Blairsville, the county seat of Union County, has experienced significant population growth—a 28% increase over the past decade, with a projected 13% increase in the next five years. This surge in population fuels a high demand for both residential and commercial real estate, making this property ideal for a mixed-use development. Blairsville's location in the Blue Ridge Mountains, approximately two hours from both Atlanta and Knoxville, coupled with its proximity to Lake Nottely and the Appalachian Trail, attracts both residents and tourists. The area also benefits from a robust employment base, including Union General Hospital, Advanced Digital Cable, and several other key industries. This combination of factors creates a compelling investment opportunity in a thriving community. The asking price is $4,950,000. APN: B02 094 & B02 095.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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