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    Pegasus Pkwy LaGrange, GA 30240

    Sponsored
    For Sale
    $255,000

    2.55-Acre Lot near Airport & Hwy 29

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.55-acre commercial lot presents a unique investment opportunity in LaGrange, Georgia. Located directly across from the LaGrange Callaway Airport, this property enjoys unparalleled visibility and convenient access to major transportation arteries, including Highway 29. Its strategic position within the Pegasus Parkway Industrial Area places it in close proximity to the Troup County Agricultural Education Center and Lukken Industrial Drive, offering significant potential for development and growth. The lot itself boasts a substantial 111,078 square feet of land, providing ample space for a variety of commercial ventures. Furthermore, there's an opportunity to acquire an additional 8.68 acres through the purchase of two adjacent lots, significantly expanding the development possibilities. The area's robust growth trajectory makes this property an attractive investment for those seeking high-return potential in a thriving commercial sector. The asking price for this exceptional property is $255,000. This represents a compelling opportunity to secure a prime piece of commercial real estate in a rapidly developing area of LaGrange. Don't miss this chance to capitalize on the significant growth potential of this strategic location.

    Property Features for 0 Pegasus Pkwy

    General Information

    Property type
    Land

    HighLights

    • $255,000 asking price.
    • 2.55‑acre commercial lot in LaGrange, GA.
    • Located across from LaGrange Callaway Airport, near Highway 29.
    • Proximity to industrial areas and agricultural center.
    • 11.23 acres total available (including adjacent lots).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    LaGrange
    County
    Troup
    State
    Georgia
    Longitude
    -85.0609218
    Latitude
    32.9896798

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    FAQs

    What type of property is this?
    Land - 2.55-Acre Lot near Airport & Hwy 29
    Where is this land located?
    The property is located at Pegasus Pkwy LaGrange, GA.
    What is the asking price?
    The asking price for this property is $255,000.
    What are key features of this property?
    This property features: $255,000 asking price.; 2.55-acre commercial lot in LaGrange, GA.; Located across from LaGrange Callaway Airport, near Highway 29.
    Request Owner's contact information
    Pegasus Pkwy LaGrange, GA 30240
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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
    Pegasus Pkwy LaGrange, GA 30240
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