44
Map
Listing Courtesy of: Dusty Hulsey, Berkshire Hathaway HomeServices Georgia Properties, 770-536-3007
$1,300,000
●
Land -
For Sale
4920 Cornelia Highway
Lula, GA 30554
Studio
0 Bath
$6,806
Est. Monthly
About This Property
Prime 7+/- Acres Zoned H-B Along the Hwy 365 Corridor! This
prime 7+/- acre property is strategically located along the
high-traffic 365 corridor, offering excellent visibility and
accessibility for a variety of commercial and business uses. Zoned
H-B (Highway Business), the land is ideal for retail, office,
service-based businesses, and more. With its proximity to major
roadways, this parcel offers convenient access for both local and
regional traffic, ensuring high potential for growth and
development. The property has multiple access points on Cornelia
Hwy (365) + Belton Bridge Rd. This property presents a rare
opportunity for developers, investors, and businesses looking to
capitalize on a rapidly growing area. Don't miss the chance to make
your mark along one of the region's most well-traveled corridors.
For more details or to schedule a showing, contact us today!
Unit Size
-
Days on Market
-
Land Size
7.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$422
HOA Dues
-
Year Built
-
Listed By
Dusty Hulsey
BHHS Georgia Properties
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 9 months ago (FMLS #7523594)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 12, 2025 | Listed by Berkshire Hathaway HomeServices Georgia Properties | $1,300,000 | |
| Listed by Berkshire Hathaway HomeServices Georgia Properties | |||
| Apr 24, 2018 | Sold | ||
| Sold | |||
| Sep 18, 2017 | Listed by Berkshire Hathaway HomeServices Georgia Properties | $48,000 | |
| Listed by Berkshire Hathaway HomeServices Georgia Properties | |||
| | |||
|
PRIME LOCATION ON COMMERCIAL CORRIDOR - 275' frontage on busy Hwy 365. One of three parcels being sold as an assemblage. The adjacent parcels are 09064-000058 and 09064-000061.
| |||
Property Highlights
Exterior Details
Security Features: None
Waterfront Features: None
Waterbody Name: None
Other Structures: None
Lot Features: Level
Lot Size Area: 304920
Lot Size Units: Square Feet
Lot Size Acres: 7
Lot Size Square Feet: 304920
Lot Size Dimensions: 0x0
Financial Details
Tax Annual Amount: $5,062
Comparables
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Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Lula
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Listed by: Dusty Hulsey, Berkshire Hathaway HomeServices Georgia Properties
Last Updated: 9 months ago
Data Source: FMLS, MLS# 7523594
Last Updated: 9 months ago
Data Source: FMLS, MLS# 7523594
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