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Property profile & analytics
OFF-MARKET
Commercial real estate

Laurel St Springfield, GA 31329

5.04 ac lot Built 1700
Property ID
Property summary
AI-generated overview

This exceptional 5.04-acre commercial property presents a unique investment opportunity in Springfield, Georgia. Located on Laurel Street, this expansive lot boasts approximately 700 feet of frontage, placing it directly within Springfield's revitalized historic district and burgeoning central business area. The property's strategic location offers unparalleled visibility and accessibility, situated just blocks from the historic Mars Theatre and surrounded by thriving businesses. Effingham County's rapid growth makes this a prime location for a variety of development projects. The blank slate nature of this property allows for diverse possibilities, including, but not limited to, office spaces, multi-family residential buildings, mixed-use developments, retail establishments, and restaurants. The property's size and location provide ample space for large-scale projects while maintaining a convenient proximity to the amenities of Springfield and a short commute to Savannah. This is an exceptional chance to capitalize on the significant growth trajectory of Effingham County and establish a presence in a thriving, historic community. The asking price is $1,100,000. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Year built 1700
Lot 5.04 ac (219,542 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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