$17,500
●
Land -
For Sale
0 Stephen Drive
Toccoa, GA 30577
Studio
0 Bath
$93
Est. Monthly
About This Property
Level corner lot conveniently located with access to all utilities.
This property offers a great opportunity to build a home or a
multi-family unit. Easy access and a desirable location make it an
excellent option for homeowners, builders, or investors looking for
a ready-to-build lot.
Unit Size
-
Days on Market
211 days
Land Size
0.37 acres
Price per sqft
-
Property Type
Land
Property Taxes
$6
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
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: 8 months ago (GAMLS #10710891)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 16, 2026 | Listed by Hammock Realty North Georgia | $17,500 | |
| Listed by Hammock Realty North Georgia | |||
| Mar 5, 2026 | Sold | ||
| Sold | |||
| Feb 27, 2026 | In contract | - | |
| In contract | |||
| Feb 14, 2026 | Price Decreased |
$12,900
↓ $2K
(13.4%) | |
| Price Decreased | |||
| Dec 15, 2025 | Listed by Keller Williams Lanier Partners | $14,900 | |
| Listed by Keller Williams Lanier Partners | |||
| | |||
|
Don't miss this .34-acre property ideally located in the center of Toccoa, offering excellent visibility and versatility. With potential for residential or commercial use, this lot presents a rare opportunity for homeowners, investors, or business owners alike. Convenient to shopping, dining, schools, and major roadways, this location puts everything Toccoa has to offer just minutes away. Whether you're looking to build a personal residence, develop rental property, or establish a small business, this lot's central location and flexible potential make it a smart investment. A great opportunity in a growing area-location, convenience, and potential all in one!
| |||
Property Highlights
Exterior Details
Lot Features: City Lot, Corner Lot, Level, Curb
Lot Size Area: 16117.2
Lot Size Units: Square Feet
Lot Size Acres: 0.37
Lot Size Square Feet: 16117.2
Water Source: Public
Financial Details
Tax Annual Amount: $74
Utilities Details
Sewer : Public Sewer
Location Details
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Toccoa
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Listed by: Stephen Caudell, Hammock Realty North Georgia
Last Updated: 8 months ago
Data Source: GAMLS, MLS# 10710891
Last Updated: 8 months ago
Data Source: GAMLS, MLS# 10710891
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Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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