100 Riverfront Cir St St. Marys, GA 31558
This exceptional 41-lot residential development in St. Marys, Georgia, presents a lucrative investment opportunity. Situated on the North River, this beautiful property boasts a 100-foot dock and offers convenient access to the Intracoastal Waterway. Six townhomes have already been sold, ranging from $520,000 to $545,000, demonstrating strong market demand. The remaining 41 lots are zoned PUD and ready for immediate development, with all lots serviced by city sewer and water. A new land disturbance permit is in place, and each lot is prepared for building permits upon submission of plans. Pre-approved plans for both townhomes and single-family homes are available, providing flexibility for future construction. Enhancements include a new pickleball court and approved plans for an engineered pool, adding significant value and appeal. Existing covenants are in place and may be modified by the new owner. This turnkey development offers immediate potential for substantial returns. Asking price: $4,900,000.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.