3701 Massee Ln Columbus, GA 31909
Exceptional commercial land parcels are available for sale in the thriving Old Town development, located on Veteran's Parkway in Columbus, Georgia. These out lots range from one to six acres and are zoned PMUD, offering a variety of development possibilities. The property boasts a total of 67,082 square feet, with a land value of $25 per square foot. Old Town is a master-planned community encompassing 300 acres, featuring a mix of residential and commercial spaces. The residential component includes 50 single-family homes, 400 apartments (a mix of loft-style and garden/carriage apartments), and plans for an additional 270+ single-family homes upon completion. Residents enjoy access to walking trails, pocket parks, and a central Town Hall and green space. Existing commercial development includes 37,770 square feet of retail, medical, and restaurant space situated on Main Street. The strategic location on Veteran's Parkway provides excellent access to downtown Columbus and Harris County, and is conveniently close to several schools including Northside High School, Veteran's Middle School, North Columbus Elementary, and Calvary Christian School. This presents a unique opportunity to capitalize on the growth and vibrancy of this established community. The property's APN is 073 021 047, and ownership is held by White Oak Grove, LLC. The asking price for the entire parcel is $25 million.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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