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    OFF-MARKET
    Commercial real estate

    00 21 Hwy, Springfield, GA 31329

    4.6 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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