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Property profile & analytics
FOR SALE
Commercial real estate

4057 Hyde Mill Rd Gainesville, GA 30507

47.78 ac lot
Trust Owned 6-yr Hold
Property ID
US22-1605989
Property summary
AI-generated overview

This exceptional 47.78-acre property in Hall County, Georgia, presents a unique blend of recreational opportunities and significant development potential. Located at 4057 Hyde Mill Road, Gainesville, GA 30507, this land boasts a rich history, once serving as a working dairy farm. Nostalgic features remain, including a 1900s barn and chicken coop. The property is divided into two tracts: Tract 1 (approximately 11.31 acres) has approved 7-lot and 10-lot residential plans, offering immediate rezoning and development opportunities. Tract 2 (approximately 36.47 acres) is zoned AG-IV, suitable for agricultural use or estate development. A prepped homesite at the highest point (1,225' elevation) features a 10-foot basement foundation (40' x 50'), ready for a home or barndominium. Lower Camp includes a 25' x 45' concrete slab with footings, two RV hookups, power, water, and septic. Utilities (underground power, city water, gas, and Comcast) are readily available at the road, along with a second septic system. A rebuilt well provides clean, 55-degree water. The property offers over 800 feet of public road frontage. Its proximity to Cedar Creek Reservoir (less than a mile), Northeast Georgia Hospital, shopping centers, and downtown Gainesville adds to its appeal. The asking price is $29,000 per acre, totaling $29,000 for the entire property. The APN is 15-0180-00-029. This property is zoned AG-IV & R1.

Property profile
Verified
Property type Commercial real estate
Lot 47.78 ac (2,081,297 SF)
APN 15-0180-00-029
UPID US22-1605989
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Thompson,j W Living Trust · 6 yrs held
Thompson,j W Living Trust
since 2020
2 recorded transactions
2020
Price N/A
2019
$194,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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