0 Houston Springs Blvd Perry, GA 31069
This exceptional 494-acre property in Perry, Georgia, presents a unique investment opportunity. Currently zoned PUD, it boasts a partially developed age-restricted golf course community featuring an 18-hole course, clubhouse, tennis courts, and maintenance facilities. Approximately 280 homes are already built, with 76 improved lots and 64 roughed-in lots ready for development. Significant expansion potential exists with approvals for an additional 930 lots, including 180 condo units and 156 attached single-family lots, plus 670 detached single-family lots, many with golf course frontage. The property also includes 21.5 acres designated for commercial development. While existing onsite utilities are insufficient, nearby infrastructure allows for expansion. The asking price is $10,500,000, translating to $21,255 per acre. The APN is 0P0530010000. This offering represents a substantial land holding with significant upside potential in a desirable location. The property is located at S Houston Springs Blvd, Perry, GA 31069.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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