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    2900 Barack Obama Blvd Valdosta, GA 31602

    Sponsored
    For Sale
    $141,000

    9.68 Acres, R-10 Zoning, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9.679-acre commercial land parcel in Valdosta, Georgia, presents a remarkable development opportunity. Located at 2900 Barack Obama Blvd, this property is zoned R-10, allowing for the creation of up to fifteen lots per an approved subdivision plan (PCA 3848), which is available upon request. Alternatively, with rezoning, higher-density single-family or multi-family development is possible, potentially yielding up to 18 units per acre. The site boasts convenient access via frontage on both Barack Obama Blvd (598 feet) and Melrose Dr (9105 feet). All city utilities are readily available on-site. While some wetlands are present, there remains ample buildable land. The asking price is $141,000, translating to an attractive price per acre of $14,568. This property is ideal for developers seeking a prime location with significant potential for residential development in a thriving Georgia community. Detailed plans and further information are available. The property is located in Lowndes County, Georgia, zip code 31602.

    Property Features for 2900 Barack Obama Blvd

    General Information

    Property type
    Land
    Lot Size
    421,617 SF

    HighLights

    • $141,000 asking price for 9.679 acres of commercial land.
    • Located at 2900 Barack Obama Blvd, Valdosta, GA 31602.
    • R‑10 zoning allows for up to 15 residential lots, or higher density with rezoning.
    • City utilities available on‑site.
    • Frontage on both Barack Obama Blvd (598 feet) and Melrose Dr.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Clothing Store Auto Repair Shop Wholesale Shop Auto Parts Store Grocery Store Food Market Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Valdosta
    County
    Lowndes
    State
    Georgia
    Longitude
    -83.26580552351
    Latitude
    30.877027744533

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    FAQs

    What type of property is this?
    Land - 9.68 Acres, R-10 Zoning, Development Ready
    Where is this land located?
    The property is located at 2900 Barack Obama Blvd Valdosta, GA.
    What is the asking price?
    The asking price for this property is $141,000.
    What are key features of this property?
    This property features: $141,000 asking price for 9.679 acres of commercial land.; Located at 2900 Barack Obama Blvd, Valdosta, GA 31602.; R-10 zoning allows for up to 15 residential lots, or higher density with rezoning.
    (229) 561-1939
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    2900 Barack Obama Blvd Valdosta, GA 31602
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    Valdosta, GA 31602
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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
    2900 Barack Obama Blvd Valdosta, GA 31602
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