0 L G Griffin Rd Locust Grove, GA 30248
This exceptional 17.03-acre land parcel in Locust Grove, Georgia, presents a remarkable development opportunity. Ideally situated on L G Griffin Rd, with a 30248 zip code, this property boasts significant commercial frontage and is zoned for multifamily use, allowing for the construction of up to 207 residential units. The site comprises three contiguous parcels (Parcel IDs: 130-01002008, 130-01002005, & 129-01096000), offering developers a cohesive and expansive canvas for a large-scale project. The asking price for this prime development land is $3,622,500. Detailed plans and specifications are available upon request. This is a rare chance to acquire a substantial tract of land in a rapidly growing area, perfectly positioned to capitalize on the high demand for residential housing. The property's location in Henry County, Georgia, offers easy access to major transportation routes and amenities, making it an attractive location for future residents. Don't miss this chance to secure a significant investment in a thriving market. Contact us today to learn more about this exciting opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.