0 Robert Bryson Smith Pkwy, Bonaire, GA 31005
This exceptional 23.8-acre land parcel presents a remarkable opportunity for multifamily development in the highly sought-after Veterans High School District of Warner Robins, Georgia. Located on Robert Bryson Smith Parkway, this R-4 zoned property boasts an ideal location within walking distance of Hilltop Elementary School, ensuring strong appeal to families. Approved engineering plans are already in place for a 260-unit apartment complex, significantly streamlining the development process. The site is part of a master-planned community, providing seamless integration into the existing infrastructure. All necessary utilities are readily available, making this a truly shovel-ready opportunity. A key advantage is the rare median break on Highway 96, a major east-west connector in Warner Robins, providing excellent accessibility and visibility. This property is offered at $1,495,000 and represents a unique chance to capitalize on the strong demand for housing in this thriving area of Middle Georgia. The existing plans and infrastructure significantly reduce development time and costs, making this an attractive investment for experienced developers. Don't miss this chance to build a thriving apartment community in a prime location.
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
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.