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Property profile

00 21 Hwy Springfield, GA 31329

OFF-MARKET
Commercial real estate
4.6 ac lot

Property summary

AI-generated overview

This exceptional 4.6-acre commercial property in Springfield, Georgia, presents a unique investment opportunity situated directly on Highway 21. The property benefits from its high-visibility location and is poised for significant growth due to upcoming infrastructure improvements. A new traffic light is planned at the Highway 21/McCall Road intersection, enhancing accessibility and visibility. Furthermore, a realignment of the courthouse is anticipated, improving traffic flow and safety in the area, thereby increasing property value. The strategic location is further enhanced by the planned development of a large-scale, 600+ unit climate-controlled storage facility on an adjacent parcel. This development will generate significant foot traffic and further increase the desirability of this location. The property is offered for sale as a whole for $1.6 million. Alternatively, the property can be subdivided into two parcels, with city approval: a 1.5-acre tract available for $700,000 and a 1.6-acre tract available for $750,000. This presents a flexible investment opportunity catering to various development needs and budgets. The property's prime location and future development potential make it an ideal investment for both short-term and long-term growth. Contact us today to learn more about this exciting opportunity.

Property profile

Verified
Property type Commercial real estate
Lot 4.6 ac (200,376 SF)

Cap rate & NOI

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

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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