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    87 Cochran Hwy Cochran, GA 31014

    For Sale
    $399,900

    High-visibility commercial land, Hwy 87 Bypass.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 16.22-acre commercial property boasts a prime location on the Hwy 87 Bypass, just south of Cochran, Georgia. The property offers approximately 1,400 feet of frontage along this four-lane highway, ensuring excellent visibility and accessibility for any commercial venture. A significant advantage is the existing cell phone tower lease, currently generating a monthly income of $900, with a built-in 2% annual increase. This provides a stable and growing revenue stream alongside the potential for significant development. The property's APN is B37B 040, and its address is Hwy 87 Cochran, GA 31014, within Bleckley County. The asking price for this strategically located commercial land is $399,900. This presents a unique opportunity for investors seeking a blend of immediate income and long-term growth potential in a high-traffic area. The property's size and location make it suitable for a wide range of commercial developments, capitalizing on its exceptional visibility and convenient access.

    Property Features for 87 Cochran Hwy

    General Information

    Property type
    Land
    Lot Size
    706,543 SF

    HighLights

    • $399,900 asking price.
    • 16.22 acres of commercial land.
    • Located in Cochran, GA, on Hwy 87 Bypass.
    • Bleckley County, GA; APN B37B 040.
    • Includes a cell tower lease generating $900/month with a 2% annual increase.
    • Approximately 1,400 feet of highway frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cochran
    County
    Bleckley
    State
    Georgia
    Longitude
    -83.331117338562
    Latitude
    32.373330026157

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    FAQs

    What type of property is this?
    Land - High-visibility commercial land, Hwy 87 Bypass.
    Where is this land located?
    The property is located at 87 Cochran Hwy Cochran, GA.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: $399,900 asking price.; 16.22 acres of commercial land.; Located in Cochran, GA, on Hwy 87 Bypass.
    (478) 218-2600
    Request Owner's contact information
    87 Cochran Hwy Cochran, GA 31014
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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
    87 Cochran Hwy Cochran, GA 31014
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