0 Gray Hwy @ Randolph St Gray, GA 31032
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.