Property profile

1040 Vil Greensboro, GA 30642

OFF-MARKET
Schools
0.64 ac lot Built 2024
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Property summary

AI-generated overview

This 0.64-acre commercial lot in Greensboro, GA, presents a remarkable investment opportunity. Located at 1040 Village Park Drive, Unit 1040 VIL, the property boasts over 200 feet of highway frontage on Highway 44, ensuring exceptional visibility and accessibility for any business. The existing utilities, including electricity, water, irrigation, and commercial drainage, are already in place, simplifying the development process. A recent survey provides precise lot measurements and boundaries. The building envelope allows for a substantial 9200 square foot structure with a maximum height of 40 feet. The property's zoning allows for flexibility, potentially accommodating a mixed-use development with residential space on a second floor. This prime location near Lake Oconee offers a unique chance to establish a thriving business in a high-traffic area. The seller is highly motivated, resulting in a significant price reduction. This is a rare opportunity to acquire a well-situated commercial lot with significant development potential. The property's strategic location and existing infrastructure make it an attractive proposition for a variety of commercial ventures, from retail and restaurants to offices and more. Don't miss this chance to secure a prominent location for your business.

Property profile

Verified
Property type Schools
Year built 2024
Lot 0.64 ac (27,878 SF)

Cap rate & NOI

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

Location

1040 Vil Greensboro, GA 30642
Greensboro metro
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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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