Homer Ga. 30547 Mccoy Bridge Rd Homer, GA 30547
This 98-acre timber tract in Banks County, Georgia, is offered at $1,300,000 ($15,000/acre). Located at 0 McCoy Bridge Rd., Homer, GA 30547, this property boasts 1,305 feet of highway frontage on Highway 441, providing exceptional visibility and accessibility. Its strategic location just five miles from I-85 Exit 149 and within a thriving commercial/industrial corridor ensures high traffic counts (approximately 21,000 daily). Banks County Zoning has identified this land as ideal for subdivision development, due to its ample road frontage and location. The property's North/South median positioning along Highway 441 is unique in the area. The sellers are willing to assist with the zoning process and cover any penalties associated with removing the land from conservation status. This presents a rare opportunity for investors seeking a high-traffic, easily accessible location for a subdivision project in a rapidly growing area. The property's size and location make it suitable for various commercial and residential developments, capitalizing on the region's industrial growth and proximity to major transportation networks.
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.