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Property profile & analytics
OFF-MARKET
Mixed-use properties

67 & Elmer Phillips Rd Statesboro, GA 30458

39.28 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 39.28-acre mixed-use planned development (PUD) presents a remarkable redevelopment opportunity in Statesboro, Georgia. Strategically located on Highway 67 and Elmer Phillips Road, on the southern border of Statesboro's city limits, this property boasts over 1200 feet of highway frontage. The PUD is already entitled for 400 high-density residential units, with a conceptual plan outlining approximately 330 apartment units and 70 townhomes. In addition to the residential component, 5-7 acres are designated for commercial use, catering to the growing needs of the area. The site includes 35.85 acres of upland land, making it highly suitable for development. Its proximity to four major employers, including Hyundai, further enhances its investment potential. The asking price is $8,000,000, translating to approximately $224,845 per upland acre. Due diligence materials available upon acceptance of an offer include a survey, conceptual plan, jurisdictional wetlands delineation, and planned development requirements. Sewer lines run adjacent to the development, and water access is situated approximately 1300 feet northeast of the site. This property offers a unique blend of residential and commercial potential, making it an ideal investment for developers seeking a high-impact project in a thriving Georgia market. The property is zoned PUD in Bulloch County, GA, zip code 30458.

Property profile
Verified
Property type Mixed-use properties
Lot 39.28 ac (1,711,037 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
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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