00 21 Hwy Springfield, GA 31329
- Commercial real estate
- 4.60 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 00 21 Hwy
- Lot size
- 4.60 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Effingham
- State
- Georgia
- Longitude
- -81.325
- Latitude
- 32.3778