Property summary
This exceptional 1.64-acre commercial land parcel in Valdosta, Georgia, presents a prime multi-family development opportunity. Located in Lowndes County, zip code 31601, the property comprises six lots zoned R-P and one R-6 lot on Johnson Street, offering significant development flexibility. The strategic location near existing and planned apartment complexes, coupled with its proximity to Valdosta State University (VSU), ensures high demand and strong rental potential. Preliminary estimates suggest the potential for 18 to 20 residential units on the 1.11-acre Tract "C" and an additional 7 units on the 0.53-acre Tract "B". Detailed site plans are available in the provided documents. The asking price for this exceptional investment opportunity is $350,000. This property is ideally suited for developers seeking to capitalize on the growing residential needs in this vibrant area. The address encompasses 910 N 916, 1000, 1002 N. Oak & 1011, 1019, 1021 Johnson St, Valdosta, GA. The property's latitude and longitude coordinates are 30.8396223, -83.2874531 respectively. Don't miss this chance to acquire a highly desirable development site in a thriving Georgia market.
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