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Property profile

3490 Gray Hwy Gray, GA 31032

OFF-MARKET
Land
7.01 ac lot
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Property summary

AI-generated overview

This exceptional 7.01-acre commercial land parcel presents a remarkable investment opportunity in Gray, Georgia. Located at 3490 Gray Highway, this property boasts approximately 1,050 feet of frontage on a high-traffic road, averaging 16,800 vehicles daily. The rolling topography offers versatile development potential, complemented by commercial zoning. Utilities include Georgia Power electricity, while water and sewer will require the installation of a well and septic system on-site. Natural gas is available via pipe gas. The property's strategic location is further enhanced by its proximity to established businesses such as TCL Auto Sales, Creekside Grocery & Gas, Greene's Water Wells, and Greenwood Baptist Church. This prime location and significant daily traffic count make this land ideal for a variety of commercial ventures. The asking price is $149,000. This is a rare opportunity to acquire a substantial commercial lot in a thriving area. Don't miss out on this chance to build your business in a high-visibility location. The property is zoned for commercial use and offers significant potential for development. The address is 3490 Gray Highway, Gray, GA 31032.

Property profile

Verified
Property type Land
Lot 7.01 ac (305,356 SF)

Cap rate & NOI

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

Location

3490 Gray Hwy Gray, GA 31032
Gray 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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