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Property profile & analytics
OFF-MARKET
Land

2900 Barack Obama Blvd Valdosta, GA 31602

9.68 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.679-acre commercial land parcel in Valdosta, Georgia, presents a remarkable development opportunity. Located at 2900 Barack Obama Blvd, this property is zoned R-10, allowing for the creation of up to fifteen lots per an approved subdivision plan (PCA 3848), which is available upon request. Alternatively, with rezoning, higher-density single-family or multi-family development is possible, potentially yielding up to 18 units per acre. The site boasts convenient access via frontage on both Barack Obama Blvd (598 feet) and Melrose Dr (9105 feet). All city utilities are readily available on-site. While some wetlands are present, there remains ample buildable land. The asking price is $141,000, translating to an attractive price per acre of $14,568. This property is ideal for developers seeking a prime location with significant potential for residential development in a thriving Georgia community. Detailed plans and further information are available. The property is located in Lowndes County, Georgia, zip code 31602.

Property profile
Verified
Property type Land
Lot 9.68 ac (421,617 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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