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Property profile

0 Old Riv Rd Meldrim, GA 31302

OFF-MARKET
Commercial real estate
48.7 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Lot 48.7 ac (2,121,372 SF)
APN 0305A-00000

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Old Riv Rd Meldrim, GA 31302
Meldrim metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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