0 James St Forsyth, GA 31029
This exceptional 1.12-acre commercial land parcel is ideally situated in the heart of Forsyth, Georgia, offering unparalleled access to Interstate 75 and the vibrant downtown area. Currently zoned Traditional Neighborhood Development (TND), the property allows for the construction of up to seven small homes. However, the adjacent zoning is Highway Business, presenting significant potential for rezoning to accommodate a wider range of commercial uses, including a service business, small commercial office park, or retail center. The seller is open to contracts contingent upon successful rezoning, providing flexibility for potential buyers. This prime location boasts high visibility and convenient access to major transportation routes, making it an attractive investment opportunity for developers and entrepreneurs seeking a strategic foothold in a thriving Georgia community. The property's address is on James Street, Forsyth, GA 31029, within Monroe County. Its central location offers easy access to the amenities and commerce of Forsyth, while its proximity to I-75 ensures excellent connectivity to regional markets. This versatile property presents a unique chance to capitalize on Forsyth's growth and create a successful commercial venture. The asking price for this exceptional opportunity is $210,000.
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.