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Property profile & analytics
OFF-MARKET
Warehouses

723 Main St Statesboro, GA 30458

0.73 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.73-acre commercial lot presents a unique investment opportunity in the thriving city of Statesboro, Georgia. Located at 723 S Main Street, this property boasts an unparalleled location directly across from Georgia Southern University, a major university with over 25,000 students. The high-traffic area, situated on Highway 301 S/S Main Street, ensures significant daily visibility with an estimated 20,000+ vehicles passing by. This translates to exceptional exposure for any business development. The lot has already been cleared and is equipped with city water and sewer connections, simplifying the development process. Its strategic position across from Georgia Southern University's Old Register Road/Forest Drive entrance, adjacent to upscale high-density student apartments, and next to a high-end shopping center, guarantees a robust customer base and strong potential for rental income. The asking price for this prime commercial property is $450,000. This is a rare chance to capitalize on the vibrant energy and growth of Statesboro's "Blue Mile" and the substantial student population of Georgia Southern University. Serious inquiries are encouraged.

Property profile
Verified
Property type Warehouses
Lot 0.73 ac (31,799 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
Current use
Occupant on record · Public records
  • Military Science Dpartment Academic Department
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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