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Property profile & analytics
OFF-MARKET
Land

100 Riverfront Cir St St. Marys, GA 31558

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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