4840 Warm Springs Rd Columbus, GA 31909
This exceptional 6.5-acre parcel presents a remarkable opportunity for multifamily development in Columbus, Georgia. Strategically located at the corner of Warm Springs Road and Eastside Drive in Muscogee County, this property offers unparalleled potential for investors seeking a high-return venture. The land is zoned for residential use, making it ideal for the construction of apartments or townhomes. With a total asking price of $795,000, the price per acre comes to $122,307, reflecting the significant value and prime location of this offering. The 31909 zip code boasts strong demographics and convenient access to major thoroughfares, ensuring high occupancy rates and strong rental demand for any future development. This site presents a rare chance to capitalize on the growing need for housing in a thriving area. Detailed site plans and zoning information are readily available upon request. Don't miss this chance to acquire a premier multifamily development site in a highly desirable location. Act quickly, as opportunities like this are seldom available. The property's address is 4840 Warm Springs Rd, Columbus, GA 32.527731,-84.9116449.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.