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    1918 Ga-16 Griffin, GA 30223

    For Sale
    $230,500

    14.26 Acres, C4 Zoning, Hwy 16 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This 14.26-acre commercial property in Griffin, Georgia, boasts a prime location on Highway 16 West and West Poplar Street. The property is identified by APN 238 02018 and is offered at $230,500, translating to $16,164 per acre. Zoning is a mix of commercial and residential designations: approximately 9.54 acres are zoned C-1 commercial, and approximately 4.74 acres are zoned R-2 residential. This versatile land offers significant development potential due to its high visibility and convenient access to Highway 16. The fee simple ownership provides complete control and flexibility for the buyer. The seller will consider dividing the property, presenting opportunities for various development scenarios. This presents a unique chance to acquire a substantial parcel of land in a desirable location, suitable for a range of commercial ventures. The property's address is 1918 GA-16, Griffin, GA 30223.

    Property Features for 1918 Ga-16

    General Information

    Property type
    Land
    Lot Size
    621,166 SF

    HighLights

    • $230,500 asking price.
    • 14.26‑acre commercial land parcel.
    • C4 Commercial zoning.
    • Located at 1918 GA‑16, Griffin, GA 30223.
    • $16,164 per acre land value.
    • Fee simple ownership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Griffin
    County
    Spalding
    State
    Georgia
    Longitude
    -84.31364493853
    Latitude
    33.241923510021

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    FAQs

    What type of property is this?
    Land - 14.26 Acres, C4 Zoning, Hwy 16 Frontage
    Where is this land located?
    The property is located at 1918 Ga-16 Griffin, GA.
    What is the asking price?
    The asking price for this property is $230,500.
    What are key features of this property?
    This property features: $230,500 asking price.; 14.26-acre commercial land parcel.; C4 Commercial zoning.
    Request Owner's contact information
    1918 Ga-16 Griffin, GA 30223
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    Griffin, GA 30223
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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
    1918 Ga-16 Griffin, GA 30223
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