23 Mountaingate Way

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23 Mountaingate Way

Ellijay, GA 30536
Asking Price
$77K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel located at 23 Mountaingate Way in Ellijay.
  • Property is currently listed for sale at an asking price of $77,400.
  • Site offers potential for diverse commercial development projects in Gilmer County.
  • Coordinates for the parcel are 34.6647, -84.3332 within the 30536 zip code.
  • Strategic location within a growing mountain community in northern Georgia.

What's Special

This commercial land parcel at 23 Mountaingate Way in Ellijay, Georgia, provides a versatile foundation for development within a growing northern Georgia mountain community. Situated at 34.6647, -84.3332, the site is positioned to serve local residents and visitors drawn to the region's outdoor recreation and growing tourism economy. The topography and regional character make this an appropriate location for businesses seeking to establish a foothold in a suburban-adjacent market that balances natural scenery with accessible infrastructure. Investors and developers can evaluate this lot for various commercial uses that support the expanding local population and the steady flow of seasonal guests visiting the Gilmer County area. Its placement in Ellijay allows for convenient access to major regional thoroughfares while maintaining the appeal of the Appalachian foothills. This property presents a straightforward acquisition for those looking to capitalize on land holdings within a well-regarded submarket of the Atlanta metro area.

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NOI
$80,000
Cap Rate
103.36%
DSCR
17.41
Strong
Cash-on-Cash
324.74%
Monthly Payment
$382.933
Annual Cash Flow
$75,404.804

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