723 Main St Statesboro, GA 30458
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.
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Military Science Dpartment Academic Department
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.