68 Mountaingate Way

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68 Mountaingate Way

Ellijay, GA 30536
Asking Price
$94K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel available for sale in Ellijay, Georgia.
  • Property is situated at 68 Mountaingate Way, zip code 30536.
  • The land is designated for commercial use and development.
  • Asking price for the site is listed at 93,600 dollars.
  • Strategic location within the growing North Georgia mountain region.

What's Special

Development of a commercial project at 68 Mountaingate Way in Ellijay, Georgia, offers a strategic foothold within the growing North Georgia mountain region. This land parcel presents a versatile canvas for investors looking to establish a presence in a submarket characterized by steady local growth and tourism-driven economic activity. The topography and positioning of this site support various commercial applications, making it suitable for professional services, local retail, or specialized business operations requiring access to the Ellijay community. Investors benefit from the regional connectivity provided by proximity to major state routes, facilitating movement throughout the Appalachian foothills. As Ellijay continues to evolve, this commercial-zoned land provides a tangible entry point into a region that balances rural character with increasing infrastructure demands. The property serves as a stable base for businesses aiming to capture demand from both the resident population and visitors frequenting the Gilmer County area.

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NOI
$80,000
Cap Rate
85.47%
DSCR
14.40
Strong
Cash-on-Cash
265.11%
Monthly Payment
$463.082
Annual Cash Flow
$74,443.019

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