0 Cumberland Rd Alma, GA 31510
This exceptional 7.5-acre residential land parcel presents a unique investment opportunity in the desirable Lake Lure community of Alma, Georgia. Located on Cumberland Road, this property boasts convenient access to city water and sewer services, combining the tranquility of lake living with the ease of urban amenities. The property's prime location offers proximity to local conveniences, including restaurants, gas stations, and grocery stores, ensuring a comfortable and convenient lifestyle. Furthermore, the Bacon County Primary School (Pre-K through 2nd grade) is situated directly across the street, making this an ideal location for families. Alma itself provides a welcoming small-town atmosphere with a strong sense of community. The property's APN is 032A318002, and the zip code is 31510. For those seeking a smaller investment, the land is also subdivided into eight individual tracts, offering flexibility and diverse purchasing options. This is a rare opportunity to acquire a substantial piece of land in a thriving Georgia community, perfect for building a dream home or developing multiple residential properties. The asking price for the entire 7.5-acre parcel is $299,900.
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
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No recorded transactions found for this property.
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Risks
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