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    475 Underwood Farm Rd Cleveland, GA 30528

    For Sale
    $1,050,000

    Walmart-adjacent acreage, development potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 28.21-acre property in White County, Georgia, presents a unique investment opportunity. Located in Cleveland, GA, 30528, at 475 Underwood Farm Rd, this agriculturally zoned (A1) land boasts approximately 142 feet of road frontage along Old Highway 75 S, providing excellent visibility and accessibility. The property's key advantage is its adjacency to a thriving Walmart Supercenter, offering unparalleled convenience and potential for synergistic development. The existing 4-bedroom, 3-bathroom ranch house, built in 1972, adds to the property's versatility. Whether you envision residential development, commercial ventures, or a blend of both, this expansive parcel offers significant potential. Its strategic location near a major retail hub and its ample size make it an attractive proposition for various uses. The property's tranquil setting, combined with its proximity to a bustling retail center, creates a rare balance of serenity and convenience. This is a chance to acquire a substantial land parcel with significant development potential in a desirable location. The asking price is $1,050,000.

    Property Features for 475 Underwood Farm Rd

    General Information

    Property type
    Farms

    HighLights

    • +/- 28.21‑acre parcel in White County.
    • A1 Agricultural zoning.
    • Existing 4‑bedroom, 3‑bathroom ranch home (built 1972).
    • Adjacent to Walmart Supercenter.
    • Approx. 142 ft of frontage on Old Highway 75 S.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    White
    State
    Georgia
    Longitude
    -83.7562865
    Latitude
    34.5745996

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    FAQs

    What type of property is this?
    Farm - Walmart-adjacent acreage, development potential
    Where is this farm located?
    The property is located at 475 Underwood Farm Rd Cleveland, GA.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: +/- 28.21-acre parcel in White County.; A1 Agricultural zoning.; Existing 4-bedroom, 3-bathroom ranch home (built 1972).
    Request Owner's contact information
    475 Underwood Farm Rd Cleveland, GA 30528
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    Cleveland, GA 30528
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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
    475 Underwood Farm Rd Cleveland, GA 30528
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