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    1040 Vil Greensboro, GA 30642

    For Sale
    $549,000

    High-visibility lot, ideal for mixed-use development.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This 0.64-acre commercial lot in Greensboro, GA, presents a remarkable investment opportunity. Located at 1040 Village Park Drive, Unit 1040 VIL, the property boasts over 200 feet of highway frontage on Highway 44, ensuring exceptional visibility and accessibility for any business. The existing utilities, including electricity, water, irrigation, and commercial drainage, are already in place, simplifying the development process. A recent survey provides precise lot measurements and boundaries. The building envelope allows for a substantial 9200 square foot structure with a maximum height of 40 feet. The property's zoning allows for flexibility, potentially accommodating a mixed-use development with residential space on a second floor. This prime location near Lake Oconee offers a unique chance to establish a thriving business in a high-traffic area. The seller is highly motivated, resulting in a significant price reduction. This is a rare opportunity to acquire a well-situated commercial lot with significant development potential. The property's strategic location and existing infrastructure make it an attractive proposition for a variety of commercial ventures, from retail and restaurants to offices and more. Don't miss this chance to secure a prominent location for your business.

    Property Features for 1040 Vil

    General Information

    Property type
    Specialty properties
    Lot Size
    27,878 SF

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Schools

    Map

    City
    Greensboro
    County
    Greene
    State
    Georgia
    Longitude
    -83.2447
    Latitude
    33.4672

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    FAQs

    What type of property is this?
    Specialty property - High-visibility lot, ideal for mixed-use development.
    Where is this specialty property located?
    The property is located at 1040 Vil Greensboro, GA.
    What is the asking price?
    The asking price for this property is $549,000.
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    1040 Vil Greensboro, GA 30642
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1040 Vil Greensboro, GA 30642
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