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    505 Westover Blvd Albany, GA 31707

    For Sale
    $210,000

    1.2-acre wooded lot, high-profile location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Prime 1.2-acre commercial land parcel in Albany, Georgia, is available for $210,000. Located at 505 N Westover Blvd (APN 040-2/00000/18B), this property boasts 150 feet of frontage along the southbound lanes of N. Westover Boulevard. The site is currently wooded and ready for development, presenting a unique opportunity for investors and developers. The property's current zoning is C-r, however, a contract can be structured to include rezoning to C-2 Commercial, expanding development possibilities. This high-profile location in Northwest Albany offers significant potential for a variety of commercial ventures. Detailed site plans are available upon request. This is an exceptional opportunity to acquire a strategically located commercial lot in a thriving area of Albany, Georgia. The property's size and visibility make it ideal for a range of commercial uses, offering substantial return on investment potential. Don't miss this chance to secure this valuable piece of land. Act quickly, as this property is expected to generate significant interest.

    Property Features for 505 Westover Blvd

    General Information

    Property type
    Land
    Lot Size
    52,272 SF

    HighLights

    • $210,000 asking price.
    • 1.2‑acre commercial land parcel.
    • Located at 505 N Westover Blvd, Albany, GA 31707 (APN: 040‑2/00000/18B).
    • 150 feet of frontage on N. Westover Blvd.
    • Wooded lot, ready for development; currently zoned C‑r, rezoning to C‑2 possible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Dougherty
    State
    Georgia
    Longitude
    -84.222135
    Latitude
    31.604749

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    FAQs

    What type of property is this?
    Land - 1.2-acre wooded lot, high-profile location.
    Where is this land located?
    The property is located at 505 Westover Blvd Albany, GA.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: $210,000 asking price.; 1.2-acre commercial land parcel.; Located at 505 N Westover Blvd, Albany, GA 31707 (APN: 040-2/00000/18B).
    Request Owner's contact information
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    Albany, GA 31707
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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
    505 Westover Blvd Albany, GA 31707
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