Pickett Mill Lane

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Pickett Mill Lane

Ellijay, GA 30540
Asking Price
$89K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Vacant land parcel located on Pickett Mill Lane in Ellijay.
  • The property is currently listed at an asking price of $89,000.
  • Ellijay provides convenient access to North Georgia mountain amenities.
  • Coordinates for this specific lot are 34.7616 and -84.5394.
  • Well-suited for residential development or future investment land banking.

What's Special

Ellijay serves as a prominent gateway to the North Georgia mountains, characterized by its rolling terrain, agricultural roots, and steady appeal to those seeking a connection to the outdoors. This parcel of land situated on Pickett Mill Lane occupies a strategic position within this growing region, offering access to the natural beauty and recreational amenities synonymous with the area. Given the landscape and current market trends in the northern corridor of Georgia, the property presents a functional asset for investors or individuals looking to capitalize on land development within an established suburban and mountain-adjacent environment. Potential use cases for this lot include a private residential homesite or a long-term land holding strategy. The proximity to regional transit arteries supports accessibility for local residents, maintaining the balance between secluded mountain living and connectivity to broader metro infrastructure.

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NOI
$80,000
Cap Rate
89.89%
DSCR
15.14
Strong
Cash-on-Cash
279.84%
Monthly Payment
$440.323
Annual Cash Flow
$74,716.119

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