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Photo of 8.5 +/- Smith Loop

9

Map

Photo of 8.5 +/- Smith Loop
Photo of 8.5 +/- Smith Loop
$650,000
● Land - For Sale

8.5 +/- Smith Loop

Demorest, GA
bedrooms
Studio
bathrooms
0 Bath
$3,315
Est. Monthly

About This Property

This beautiful wooded 8.5+/- acreage would make a beautiful homesite or to be developed into a small subdivision with the possibility of having 8 or more homesites.  With over 572' of paved county road frontage gives this property lots of possibilities. this price includes perc tests and survey of how many lots wanted to divide into.  The only restrictions are county restrictions only.  This property DOES NOT include my office (brick house)
Unit Size
-
Days on Market
400 days
Land Size
8.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$123
HOA Dues
-
Year Built
-

Listed By

Bonnie Mull
[email protected]
Bonnie Mull Realty, Inc.

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (GAMLS #10603104)

Price History

Date / Event Date Event Price
Sep 12, 2025 Listed by Bonnie Mull Realty, Inc. $650,000
Listed by Bonnie Mull Realty, Inc.

Property Highlights

Exterior Details
Lot Features: None
Lot Size Area: 370260
Lot Size Units: Square Feet
Lot Size Acres: 8.5
Lot Size Square Feet: 370260
Water Source: Public
Financial Details
Tax Annual Amount: $1,470
Utilities Details
Sewer : None
Location Details
HOA Fee Frequency: Annually

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

Currently no similar homes around
GAMLS

Listed by: Bonnie Mull, Bonnie Mull Realty, Inc.
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10603104
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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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