0 Kings Bay Rd St. Marys, GA 31558
This exceptional 14-acre parcel in St. Marys, Georgia, presents a unique investment opportunity. Located in the southeast quadrant of SR 40 and Kings Bay Road, this property boasts a PD zoning designation, permitting R-3 multifamily development. Its strategic location offers unparalleled access to major transportation arteries, providing convenient connectivity for residents. The land is situated adjacent to the Georgia Health Hospital and a Walmart-anchored retail shopping center, ensuring immediate access to essential services and amenities. Furthermore, its proximity to the Kings Bay Submarine Naval Base presents a compelling advantage, attracting a substantial and stable population base. The site's 14 acres provide ample space for a large-scale multifamily development, catering to the growing demand for housing in this thriving area. This property offers significant potential for developers seeking a prime location with excellent infrastructure and a strong demographic profile. The combination of convenient access to major roadways, proximity to healthcare and retail, and the presence of a significant employer nearby makes this a highly desirable location for a new residential project. All utilities are readily available, simplifying the development process. This is a rare opportunity to acquire a substantial land parcel in a high-growth area with exceptional potential for significant returns.
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
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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.