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Development Land with Adjoining Parcels

489 Noel C Conaway Road Guyton, GA 31312

489 Noel C Conaway Road, Guyton, GA, 31312
$800,000
For Sale
Claim this Listing
$800,000

LAND - Rustic - Guyton, GA

Property Size2,555 SF
Lot Size1.95 Acres
Price / SF$313.11
AddedSep 26, 2025
Days on Market294
Last RefreshJul 16 at 1:06 pm

Property Features for 489 Noel C Conaway Road

General Information

Property type
Land
Property subtype
Other
Zoning
AR-2
Appliances
Electric Water Heater
Standard status
Active
APN
03520-00000-073-000
Size
2,555 SF
Lot size
1.95 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
1.95 AC(-.05 AC RD R/W)
Tax Annual Amount
5022

Utilities

Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Private, Well

Building Details

Year built
1910
Floors in Building
1
Flooring type
Hardwood
Building materials
Frame, Wood Siding
Roof type
Metal
Architectural style
Rustic
Additional Structures
Outbuilding

Listing agent Lyndsay D. Smith License #365539

Listing office Keller Williams Coastal Area P 329 Commercial Dr., Suite 100, Savannah, GA

Listing date Sep 26, 2025

MLS# SA340505

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This offering consists of two adjoining parcels totaling approximately 1.95 acres, located at 489 Noel C. Conaway Road in Guyton, Georgia. The property is zoned AR-2. According to the provided remarks, rezoning will be necessary to expand allowable development options beyond what the current zoning permits.

The combined site is positioned in Effingham County and is described as being along a growth corridor, with frontage, visibility, and access. The remarks also indicate the property is minutes from Rincon, Pooler, and the Hyundai Metaplant.

For developers and investors, the property is presented as suitable for a range of site concepts, including commercial development, mixed-use projects, and higher-density residential uses, subject to the rezoning process. The provided listing specifically references potential uses such as townhomes, a retail plaza, mini-storage, medical office development, and build-to-rent communities. As a land assemblage with direct adjacency between the parcels, it may be a practical fit for an operator seeking a unified development footprint and the flexibility to pursue a tailored plan through the applicable entitlement steps.

Key Highlights

  • Two adjoining parcels sold as a combined site: 1405 Zittrouer and 489 Noel C. Conaway Rd, Guyton, GA
  • Easy utilities setup with private well water source and septic tank sewer
  • Home features include hardwood flooring, central heating, and central air conditioning (electric)

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $56.7k $22.20
− Vacancy −$9.4k −$3.66
EGI $47.4k $18.54
− OpEx −$11.8k −$4.63
NOI $35.5k $13.90
2,555 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$507.5K
$444.0K – $592.0K (±1% cap)
NOI $35,522 @ 7.0% cap · market cap 4.44%
Second Best
Healthcare Medical
$463.8K
$405.8K – $541.1K (±1% cap)
NOI $32,464 @ 7.0% cap · market cap 4.06%
Theoretical Best
Warehouse
$2.39M
$2.09M – $2.79M (±1% cap)
NOI $167,147 @ 7.0% cap · market cap 20.89%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Building Supply Auto Repair Shop Restaurant Real Estate Agency Plumbing Service Grocery & Convenience Store Kitchen & Bath Showroom Clothing & Fashion Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Two adjoining parcels in AR-2 zoning with frontage and access for future commercial, mixed-use, or higher-density residential plans.
Where is this commercial land located?
The property is located at 489 Noel C Conaway Road Guyton, GA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Two adjoining parcels sold as a combined site: 1405 Zittrouer and 489 Noel C. Conaway Rd, Guyton, GA; Easy utilities setup with private well water source and septic tank sewer; Home features include hardwood flooring, central heating, and central air conditioning (electric)
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