Doc Darbyshire Rd Norman Park, GA 31768
- Apartment buildings
- 5.45 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 0 Doc Darbyshire Rd
- Lot size
- 5.45 lot acres
- Property type
- Apartment buildings
Description
This exceptional 5.45-acre parcel in Moultrie, Georgia, presents a unique opportunity for developers and investors. Located in Colquitt County, on Doc Darbyshire Rd, zip code 31768, this R4-zoned property is fully entitled for the construction of a 72-unit apartment complex. All utilities are on-site, and the project boasts a Land Disturbance Permit (LDP), making it truly shovel-ready. Detailed engineering plans are available. The six existing buildings on the property are not specified. The property is classified as Class B multifamily and offers six pads. Its prime location within Moultrie's commercial area provides easy access to retail, hospitality, and dining establishments. Furthermore, this advantageous location within an Opportunity Zone offers potential tax benefits for investors. The asking price is $545,000, translating to approximately $7,569.44 per unit. The property's APN is M048A-21. This is an individual ownership property. This is a ready-to-develop investment opportunity with significant potential for growth and return.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norman Park
- County
- Colquitt
- State
- Georgia
- Longitude
- -83.7662
- Latitude
- 31.19