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Property profile

0 Gray Hwy @ Randolph St Gray, GA 31032

OFF-MARKET
Land
2 ac lot
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Property summary

AI-generated overview

This exceptional 2-acre parcel is ideally situated at the highly visible corner of Gray Highway and Randolph Street in Gray, Georgia (zip code 31032). Boasting level topography, this property presents a unique opportunity for residential development. The lot is conveniently located across from a newly constructed Popeye's restaurant, ensuring high visibility and significant daily traffic exposure. According to 2018 Georgia Department of Transportation data, Gray Highway sees an estimated 17,400 vehicles per day, providing excellent potential for any residential project. Utilities are readily accessible, with water available on-site and sewer lines conveniently located across the street. Currently zoned for residential use, this property offers immediate development potential. The asking price for this prime 2-acre lot is $650,000. Its location at a major intersection in Jones County, Georgia, makes it an attractive investment for builders and developers seeking a high-traffic location for residential construction. Don't miss this chance to acquire a substantial piece of land in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)

Cap rate & NOI

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

Location

Gray Hwy @ Randolph St Gray, GA 31032
Gray metro
Google Maps

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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