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    1791 Ga-138 Walnut Grove, GA 30052

    For Sale
    $725,000

    5.67 Acres, C-1 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 5.67-acre commercial land parcel in Walnut Grove, Georgia, presents a compelling investment opportunity. Located at 1791 GA-138, Walton County, zip code 30052, this property boasts a highly desirable C-1 Neighborhood Commercial zoning designation. All utilities are readily available, including water, sewer, gas, and high-speed internet, simplifying development plans. The site currently features a 1,700 square-foot building, potentially suitable for office or retail use, and a 30x40 metal shop with electricity. This versatile property benefits from a daily traffic count of 14,500 vehicles, significantly enhanced by its proximity to a newly approved DOT roundabout at a major intersection. This strategic location, near the roundabout, offers unparalleled visibility and accessibility for a wide range of commercial ventures. The property's potential for assemblage with neighboring C-1 zoned tracts further enhances its long-term value and development possibilities. Ideal for various uses, including gas stations, self-storage facilities, restaurants, or other commercial businesses, this property represents a rare chance to acquire prime commercial real estate in a rapidly growing area. The latitude and longitude coordinates are 33.74436654206735 and -83.84823192459648 respectively.

    Property Features for 1791 Ga-138

    General Information

    Property type
    Land
    Lot Size
    246,985 SF

    HighLights

    • C‑1 Commercial Zoning allows for a variety of uses.
    • All utilities are readily available on‑site.
    • Potential for assemblage with adjacent C‑1 zoned parcels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Walnut Grove
    County
    Walton
    State
    Georgia
    Longitude
    -83.848231924596
    Latitude
    33.744366542067

    Nearby Comparable

    • $715,000
      5.67 Acres

      Walton County Commercial Land Opportunity

      5.67 acres with utilities, shop, and development potential.
      1791 Walnut Ave, Covington, GA 30014
      View Details
    • $465,000
      1,520 SF

      Prime Covington Commercial Land

      2.5-acre lot, high-growth area
      1761 Walnut Ave, Covington, GA 30014
      View Details
    • $1,780,000
      13.17 Acres

      13+ Acres Prime Location Land

      Prime land in a rapidly evolving corridor with long-term potential.
      1800 Walnut Ave, Covington, GA 30014
      View Details
    • $2,250,000
      11.57 Acres

      Prime Covington Development Land

      11.57 Acres, Hwy 138 Frontage
      1750 Ga 138 Hwy, Covington, GA 30014
      View Details
    • $1,745,900
      10.27 Acres

      Commercial Land on GA Hwy

      10-acre commercial land parcel on GA Hwy 138.
      1760 Highway 138, Covington, GA 30014
      View Details

    FAQs

    What type of property is this?
    Land - 5.67 Acres, C-1 Zoning, High Traffic
    Where is this land located?
    The property is located at 1791 Ga-138 Walnut Grove, GA.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: C-1 Commercial Zoning allows for a variety of uses.; All utilities are readily available on-site.; Potential for assemblage with adjacent C-1 zoned parcels.
    Request Owner's contact information
    1791 Ga-138 Walnut Grove, GA 30052
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    Walnut Grove, GA 30052
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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
    1791 Ga-138 Walnut Grove, GA 30052
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