Prime Commercial Opportunity in Banks County! Georgia Premier Real Estate presents a rare 55.147-acre property on US Hwy 441 with unparalleled potential. Located just 2 miles north of I-85, this expansive parcel boasts over 800 feet of direct highway frontage, making it a prime location for a variety of commercial, industrial, or residential developments. With a Department of Transportation (DOT) curb cut in place and a median cut, the property provides full access onto US Hwy 441, ensuring smooth traffic flow and high visibility. Zoned ARR, this land offers flexibility for agricultural-residential development with potential for rezoning, opening possibilities for further commercial use. Whether you envision commercial, industrial, or residential projects, this property's strategic location and established infrastructure make it a standout investment.
Property Details
Property Features
Listing Office:
Office Name: Georgia Premier RE Advisors
Listing Agent: Matthew L. Smith
Lot Features
Lot Information:
Lot Size: 55.15 Acres
Other
Directions Information:
Directions: Use GPS for 159 Richey Road, Commerce, GA
Price Information
Listing Price Info
Price Summary:
List Price: $895,000
Tax Information:
Annual Amount: $1,890
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Commerce, GA.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
DMCA Notice Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,890
$68,352
2019
$1,567
$68,352
2018
$1,580
$67,439
2017
$1,399
$57,237
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,534
Per Month
Principal & Interest
$4,467
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,750
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Banks County Elementary School
180 Highway 51 S
Distance between this listing and this school3.77 miles
Public District Grades 3-5
7
/10
Maysville Elementary School
9270 Highway 82 Spur
Distance between this listing and this school5.97 miles
Public District Grades PK-5
8
/10
Commerce Elementary School
825 Lakeview Dr
Distance between this listing and this school6.54 miles
Public District Grades 3-4
Nearby Schools
5
/10
Banks County Middle School
712 Thompson St
Distance between this listing and this school1.83 miles
Public District Grades 6-8
7
/10
Commerce Middle School
7690 Jefferson Rd
Distance between this listing and this school6.94 miles
Public District Grades 5-8
6
/10
East Jackson Middle School
1880 Hoods Mill Rd
Distance between this listing and this school9.62 miles
Public District Grades 6-7
Nearby Schools
5
/10
Banks County High School
1486A Historic Homer Hwy
Distance between this listing and this school2.33 miles
Public District Grades 9-12
6
/10
Commerce High School
272 Lakeview Dr
Distance between this listing and this school6.22 miles
Public District Grades 9-12
7
/10
East Jackson Comprehensive High School
1435 Hoods Mill Rd
Distance between this listing and this school10.02 miles
The neighbors living near this home have an average income of $47,382. Most Commerce, GA residents have annual incomes between $35k-100k. The majority of families are married, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 159 Richey Rd
What is the listing price of this property?
The listing price of 159 Richey Rd property is $895,000.
What type of property is this?
The property 159 Richey Rd is land located in Commerce, Georgia, 30529.
Is this property for sale now?
Active Listing: 159 Richey Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,890 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 159 Richey Rd in Commerce, GA and zip code 30529. This home sits on a 55.15 acre lot. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $895,000.
Over 5 listings were sold over their listed price in October 2024 in Commerce, GA. In the same period over 11 listings were sold below the listed price and 3 listings were sold for the listed price. The number of listings in Commerce, GA increased by 18.5% between September 2024 and October 2024. While the average time on the market in October 2024 was 55 days, the median list price was $329,500.
From Rocket Homes Real Estate and based on county public records data.
Based on information from the Georgia MLS © 2024. 
Hunting
Hunting
NASCAR
Monster Trucks
Wal-Mart
Academy Sports & Outdoors
Dollar General
Hardee's
Jimmy Johns
Applebees
Ram
Chevrolet
GMC
Classic Country
New Country