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    Old Riv Rd Meldrim, GA 31302

    For Sale
    $5,200,000

    Prime I-16 location, 48 acres, light industrial zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 48.7-acre parcel of land presents a remarkable opportunity for industrial development. Strategically located right off Interstate 16 and Old River Road in Bloomingdale, Georgia (zip code 31302), this property boasts convenient access to major transportation arteries. The land is zoned for Light Industrial use, offering versatility for a range of projects. A significant portion of the acreage, specifically 30.6 acres, consists of upland land, ideal for construction and development. The property's APN is 0305A-00000. This prime location makes it particularly suitable for industrial development, a truck terminal, or a truck stop, capitalizing on the high traffic volume and accessibility of the I-16 corridor. The asking price for this expansive property is $5,200,000. This represents a compelling investment opportunity in a rapidly growing area. Don't miss the chance to secure this exceptional piece of land for your next venture.

    Property Features for 0 Old Riv Rd

    General Information

    Property type
    Land
    Lot Size
    2,121,372 SF

    HighLights

    • $5,200,000 asking price.
    • 48.7‑acre commercial land parcel.
    • Light Industrial zoning.
    • Located directly off I‑16.
    • Includes 30.6 upland acres.
    • APN: 0305A‑00000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Meldrim
    County
    Effingham
    State
    Georgia
    Longitude
    -81.3861871
    Latitude
    32.1265834

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - Prime I-16 location, 48 acres, light industrial zoning.
    Where is this land located?
    The property is located at Old Riv Rd Meldrim, GA.
    What is the asking price?
    The asking price for this property is $5,200,000.
    What are key features of this property?
    This property features: $5,200,000 asking price.; 48.7-acre commercial land parcel.; Light Industrial zoning.
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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
    Old Riv Rd Meldrim, GA 31302
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