Current Use by Public Records
- Warehouses
Property Details for 0 Elberta Rd
- Property type
- Warehouses
- Property subtype
- Land
Description
This exceptional investment opportunity presents a 41,600 square foot warehouse property located at 0 Elberta Road, Centerville, Georgia, 31028. Currently zoned C2, this property offers a unique chance to develop a multi-unit rental complex. The City of Centerville has already approved the attached proposed building plan, which outlines the construction of three buildings, each containing three individual rental units, totaling nine rental units on a single property. This represents a significant advantage for investors seeking a high-yield, multi-family development project. The property's substantial size (41,600 square feet) provides ample space for the proposed development, ensuring each unit has sufficient area. Situated in desirable Houston County, this location offers strong rental demand and potential for significant return on investment. The asking price for this prime development land is $95,000. This is a rare opportunity to acquire a fully approved development plan in a high-demand area, minimizing development hurdles and maximizing potential returns. Don't miss this chance to capitalize on this lucrative investment prospect.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Centerville
- County
- Houston
- State
- Georgia
- Longitude
- -83.6686
- Latitude
- 32.6318
