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    Walkers Mill Rd Griffin, GA 30223

    For Sale
    $185,000

    Prime 4.59-acre commercial lot, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 4.59-acre commercial land parcel presents a unique investment opportunity in Spalding County, Georgia. Strategically located on Highway 16, at the northeast corner of South Walkers Mill Road and Highway 16, this property boasts over 800 feet of highway frontage. The high-traffic location offers significant visibility and accessibility, with daily traffic counts exceeding 13,100 vehicles per day to the west and 12,100 vehicles per day to the east of the site. Currently zoned residential, this property is ideally suited for a variety of commercial developments. The asking price is $185,000, and all offers will be considered. Situated approximately 5.5 miles from Interstate 75 and downtown Griffin, this location provides convenient access to major transportation routes and the amenities of a thriving city. This is a rare opportunity to acquire a substantial commercial land parcel in a high-growth area with excellent visibility and accessibility. The property's size and location make it an attractive prospect for businesses seeking a prominent presence in a busy commercial corridor. Don't miss this chance to secure this valuable asset.

    Property Features for 0 Walkers Mill Rd

    General Information

    Property type
    Land
    Lot Size
    199,940 SF

    HighLights

    • 4.59‑acre commercial land parcel in Spalding County, GA.
    • 800+ feet of highway frontage on Highway 16.
    • Located at the northeast corner of South Walkers Mill Road and Highway 16.
    • Highway 16 traffic counts exceed 13,100 VPD (west) and 12,100 VPD (east).
    • $185,000; all offers considered.
    • Currently zoned residential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Griffin
    County
    Spalding
    State
    Georgia
    Longitude
    -84.1803243
    Latitude
    33.2451268

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    FAQs

    What type of property is this?
    Land - Prime 4.59-acre commercial lot, high traffic.
    Where is this land located?
    The property is located at Walkers Mill Rd Griffin, GA.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: 4.59-acre commercial land parcel in Spalding County, GA.; 800+ feet of highway frontage on Highway 16.; Located at the northeast corner of South Walkers Mill Road and Highway 16.
    (770) 632-4222
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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
    Walkers Mill Rd Griffin, GA 30223
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