Property profile

397 Rockhouse Rd Cordele, GA 31015

OFF-MARKET
Land
450 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity in Cordele, Georgia, offers three distinct options. First, acquire 450 acres of prime industrial land ideally situated near a soon-to-be-completed truck stop and rail access. This expansive parcel, located at 397 Rockhouse Rd E, Cordele, GA 31015 (31.9066544, -83.7393601), presents significant development potential for various industrial uses, benefiting from its strategic location and proximity to major transportation routes. The land is priced at $30,000 per acre, with a minimum purchase of 50,000 per acre for smaller parcels. Secondly, purchase a fully permitted truck stop on 16 acres, ready for immediate operation. All necessary permits and due diligence are complete, minimizing risk and accelerating revenue generation. This option is priced at $7,925,000 and excludes site work, demolition, and design costs. Finally, a turnkey 16-acre truck stop development is available for $18,975,000. This includes all design, permits, construction of a 13,000+ sq ft facility and a 4,500+ sq ft maintenance building, underground utilities, landscaping, equipment (sixteen fuel dispensers, six diesel dispensers, canopies, POS system), and a $500,000 budget for food and store equipment. A 10% cost-plus contract will be utilized for this option. Each option presents unique advantages, catering to diverse investment strategies and timelines. This is a rare chance to capitalize on the growing demand for transport and logistics infrastructure in a prime Georgia location.

Property profile

Verified
Property type Land
Lot 450 ac (19,602,000 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

397 Rockhouse Rd Cordele, GA 31015
Cordele metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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