Ellijay, GA
Commercial Real Estate Market Trends & Data

$618 Avg asking sale price
$43 Avg asking lease rate
12,961 SF Avg unit lease size
13,192 SF Avg building size for sale
9.35% Average cap rate

Ellijay's Demographic Profile

Ellijay has 646 households and a median income of $47,999, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 1,704
# Households 646
Median age 41
Median household income $47,999
Avg household size 3.0
Renter-occupied housing units 254
5-year population change +3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Ellijay, GA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Ellijay $394 6,957 SF 4.82%
East Ellijay $234 14,962 SF 4.82%
Big Canoe $237 6,715 SF 5.70%
Nearby Retail Markets Avg Cost/SF Typical Size
Ellijay $306 12,406 SF
East Ellijay $140 5,708 SF
Blue Ridge $443 15,210 SF
Talking Rock $145 6,730 SF
Jasper $235 4,765 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Canton $140 5,714 SF 7.63%
Cleveland $149 56,032 SF 5.00%

Commercial Properties For Sale in Ellijay

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

The Lilly Pad Village

Blue Ridge, GA 30513

  • 1,341 SF Specialty
  • $1,600,000
For Sale

41 North Ave

Ellijay, GA 30540

  • 1,560 SF Office Building
  • $995,000
For Sale

4645 Georgia 136

Talking Rock, GA 30175

  • 2,444 SF Retail Building
  • $599,900
For Sale

12-Acre Hwy 515 Development Site

Ellijay, GA 30536

  • 12 AC Lot
  • 1 Commercial Lot
  • $2,999,999
For Sale

Prime Hwy 515 10 Acres Development Tract

Ellijay, GA 30536

  • 10 AC Lot
  • 1 Commercial Lot
  • $2,200,000
For Sale

Prime 2.57 Acres on Hwy 515 | Ellijay, GA

Ellijay, GA 30540

  • 2.57 AC Lot
  • 1 Commercial Lot
  • $1,800,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Ellijay pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Ellijay $618 13,192 SF
East Ellijay $200 15,621 SF
Cherry Log $1,083 900 SF
Blue Ridge $322 23,933 SF
Talking Rock $312 5,603 SF

Regional Demographic Comparison

This comparison places Ellijay alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Ellijay or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Ellijay 1,704 646 41 $47,999 3 254 3%
East Ellijay 701 259 43 $44,166 3 74 5%
Cherry Log 51 25 62 $49,166 2 3 12%
Blue Ridge 1,052 484 49 $34,230 2 235 2%
Talking Rock 132 52 45 $50,714 3 11 11%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Ellijay, GA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Ellijay

View All Commercial Real Estate For Sale in Ellijay
Is Ellijay a good market for a first-time commercial real estate investor?

Ellijay offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Ellijay?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Ellijay. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Ellijay?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Ellijay. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Ellijay compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Ellijay. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Ellijay acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Ellijay, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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