564 Stone Rd

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564 Stone Rd

Ellijay, GA 30536
Asking Price
$990K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land asset available for purchase in Ellijay Georgia
  • Property is listed at an asking price of $990,000
  • Located conveniently at the address of 564 Stone Rd
  • Site supports diverse potential for future commercial business developments
  • Situated within the growing regional economy of Gilmer County

What's Special

Priced at $990,000, this commercial land parcel occupies a strategic position at 564 Stone Rd in Ellijay, Georgia. The site offers significant potential for developers or business owners looking to establish a presence within this growing North Georgia market. Ellijay serves as a central hub in Gilmer County, characterized by a steady increase in tourism and local commerce that supports a diverse range of business operations. The land presents a flexible canvas for various commercial developments suited to the evolving needs of the region, ranging from professional office space to retail or service-oriented facilities. Investors will find the location conducive to long-term growth as the surrounding area continues to benefit from regional infrastructure and proximity to essential travel routes. The site is well-positioned for those seeking to capitalize on the mountain town atmosphere while maintaining access to the necessary amenities required for modern business activities. This asset is suitable for stakeholders interested in land acquisition within a developing submarket.

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NOI
$80,000
Cap Rate
8.08%
DSCR
1.36
Strong
Cash-on-Cash
7.15%
Monthly Payment
$4,897.98
Annual Cash Flow
$21,224.242

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