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    978 Lk Oconee Pkwy Eatonton, GA 31024

    For Sale
    $749,000

    Prime C-2 Zoned Lot, Highway 44 Access

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 0.91-acre commercial lot presents a rare investment opportunity in Eatonton, Georgia's thriving Lake Oconee business district. Located on Highway 44, the property boasts highly desirable C-2 zoning, opening doors to a wide array of commercial uses. Imagine establishing a restaurant, auto repair shop, car wash, or any other suitable business in this prime location. The lot is largely cleared and level, providing a readily developable site. Convenient access is ensured via direct frontage on Highway 44, complemented by an easement providing access and signage from Old Phoenix Road. This significantly reduces development hurdles and enhances visibility. A key advantage is the pre-arranged and paid-for Piedmont Water credit, securing water and sewer capacity up to an impressive 3,000 gallons. This eliminates a significant upfront cost and streamlines the development process. This property's strategic location, flexible zoning, and readily available utilities make it an exceptional investment for discerning entrepreneurs seeking a high-impact commercial venture in a rapidly growing area. Don't miss this chance to secure a piece of Eatonton's vibrant commercial landscape. The asking price is $749,000.

    Property Features for 978 Lk Oconee Pkwy

    General Information

    Property type
    Investment properties
    Lot Size
    39,640 SF

    Building Details

    Year Built
    1700
    Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Eatonton
    County
    Putnam
    State
    Georgia
    Longitude
    -83.26906
    Latitude
    33.42042

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    FAQs

    What type of property is this?
    Investment property - Prime C-2 Zoned Lot, Highway 44 Access
    Where is this investment property located?
    The property is located at 978 Lk Oconee Pkwy Eatonton, GA.
    What is the asking price?
    The asking price for this property is $749,000.
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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

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    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
    978 Lk Oconee Pkwy Eatonton, GA 31024
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