67 & Elmer Phillips Rd Statesboro, GA 30458
- Mixed-use properties
- 39.28 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 67 & Elmer Phillips Rd
- Lot size
- 39.28 lot acres
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
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.
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
- Statesboro
- County
- Bulloch
- State
- Georgia
- Longitude
- -81.7505
- Latitude
- 32.3891
