Old Northcutt Road

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Old Northcutt Road

Ellijay, GA 30540
Asking Price
$155K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The subject property is located on Old Northcutt Road in Ellijay.
  • This parcel of land is currently listed for $154,700.
  • The site is situated within the scenic North Georgia mountains region.
  • Land allows for diverse residential or recreational development potential.
  • Ellijay serves as an established market within rural Gilmer County.

What's Special

Priced at $154,700, this land parcel on Old Northcutt Road offers a strategic acquisition in Ellijay, Georgia. Positioned in a region known for its mountainous terrain and growing appeal among both residents and visitors, this property provides a foundational opportunity for development within Gilmer County. The site sits in a quiet, accessible submarket that balances rural character with proximity to the town center and regional transit routes. Given the local market trends, the land is well-suited for a variety of residential or recreational development projects. Its specific dimensions and positioning provide investors with a clean slate to execute long-term capital improvement plans. The area remains a key destination for those seeking proximity to the natural amenities of the North Georgia mountains while maintaining access to essential services.

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NOI
$80,000
Cap Rate
51.71%
DSCR
8.71
Strong
Cash-on-Cash
152.59%
Monthly Payment
$765.371
Annual Cash Flow
$70,815.546

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