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    Old Riv Rd Meldrim, GA 31302

    Sponsored
    For Sale
    $2,250,000

    Prime GA Commercial Land, I-16 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 20.12-acre commercial land parcel presents a significant investment opportunity. Strategically located at the I-16 and Old River Road interchange (Exit 148), this property boasts ±17.33 developable acres and enjoys immediate access to I-16, a major thoroughfare connecting Savannah to Macon/Atlanta, with 36,900 vehicles traversing daily. Zoned B-2, General Commercial, the site is less than a mile from Savannah Portside International Park, a thriving ±2.3M square foot industrial park employing over 300 workers. The property's high visibility and convenient location make it ideal for a variety of commercial developments. Wetlands have been verified by the Army Corps of Engineers. Parcel number 03290-00000-041-B00. Asking price: $2,250,000. Located in Bloomingdale, GA, 31302.

    Property Features for 0 Old Riv Rd

    General Information

    Property type
    Land
    Lot Size
    876,427 SF

    HighLights

    • $2,250,000 asking price.
    • 20.12‑acre commercial land parcel.
    • B‑2 General Commercial zoning.
    • Located at I‑16 and Old River Road interchange (Exit 148).
    • Approximately 17.33 acres developable.
    • Parcel No. 03290‑00000‑041‑B00.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Meldrim
    County
    Effingham
    State
    Georgia
    Longitude
    -81.38620346
    Latitude
    32.12658635

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    FAQs

    What type of property is this?
    Land - Prime GA Commercial Land, I-16 Access
    Where is this land located?
    The property is located at Old Riv Rd Meldrim, GA.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: $2,250,000 asking price.; 20.12-acre commercial land parcel.; B-2 General Commercial zoning.
    (912) 483-6160
    Request Owner's contact information
    Old Riv Rd Meldrim, GA 31302
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    Meldrim, GA 31302
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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
    Old Riv Rd Meldrim, GA 31302
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