TRACT 2 Old Northcutt Road

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TRACT 2 Old Northcutt Road

Ellijay, GA 30540
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Residential land tract available for sale on Old Northcutt Road.
  • Located within the growing Ellijay, Georgia, real estate market.
  • Property situated at coordinates 34.7306 and -84.4387.
  • Asset provides flexibility for residential development projects.
  • Positioned in a region characterized by its mountain accessibility.

What's Special

Residential land development finds a strategic foothold at Tract 2 Old Northcutt Road in Ellijay, Georgia. This parcel offers clear potential for those seeking to establish a home site or pursue residential investment within the growing landscape of Gilmer County. Situated in a region known for its rolling terrain and connection to the North Georgia mountains, the property provides proximity to the natural amenities that characterize this submarket. The surrounding area remains a destination for residents drawn to the balance of rural character and accessibility to regional hubs. With the geographic coordinates set at 34.7306, -84.4387, the site allows for flexible residential development tailored to the evolving needs of the local housing market. Prospective buyers will find this tract positioned to capture the steady demand for residential space within the 30540 ZIP code as the Ellijay area continues to experience consistent interest from those looking to build in an established North Georgia community.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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