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Valdosta Multifamily Development Opportunity
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1401 Lankford Dr, Valdosta, GA

33.85 acre R-M zoned land suitable for multifamily development.

Property SizeContact for details
Lot Size33.85 Acres
Days on Market331

Property Features for 1401 Lankford Dr

General Information

Standard status Active
Lot size 33.85 Acres
Property subtype LAND
Listing Agency: New South Realty Associates, LLC
Listed By: Douglas Calderwood · License #248411
Source: Moodyscre
Added: Sep 17, 2025 Changed: Aug 8 Last Checked: Jul 16 at 8:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New South Realty Associates, LLC

Investment Insights

Based on property information with market context.

Located at 1401 Lankford Drive & 1406 West Magnolia Street in Valdosta, Georgia, this 33.85± acre parcel is zoned R-M (Multifamily) and presents a development opportunity. The property allows for up to 18 units per acre for multifamily apartments or 7.2 units per acre of single-family attached homes. The location is less than 1 mile from Valdosta State University, making it a potential site for student housing. There are two existing older student housing apartment communities located on either side of the subject property. The City of Valdosta has no ordinance restricting Build-To-Rent (BTR) communities. The property offers convenient access to major roads and retail destinations, including Valdosta Mall, Walmart, and dining options like Chick-fil-A and Starbucks. Valdosta/Lowndes County is positioned as the economic gateway of South Georgia, offering a dynamic environment with a diverse economic base, making it an attractive destination for growth and investment in the region.

Key Highlights

  • Prime multifamily development opportunity on 33.85± acres zoned R‑M.
  • High‑density development potential: up to 18 units per acre for apartments.
  • Ideal location less than 1 mile from Valdosta State University, making it a great student housing development site.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Bakery (Bike/Boat/Book/etc) Store Dental Office Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

288
Businesses Nearby
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Frequently Asked Questions

What type of property is this?
Land - 33.85 acre R-M zoned land suitable for multifamily development.
Where is this land located?
The property is located at 1401 Lankford Dr Valdosta, GA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Prime multifamily development opportunity on 33.85± acres zoned R‑M.; High‑density development potential: up to 18 units per acre for apartments.; Ideal location less than 1 mile from Valdosta State University, making it a great student housing development site.
(404) 487-8429 Call to check price and availability
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