17377 Hwy 67 Hwy Statesboro, GA 30458
This exceptional Statesboro, Georgia commercial property presents a unique investment opportunity. Located at 17377 Hwy 67, this 8.21-acre lot boasts approximately 375 feet of prime highway frontage on Hwy 67, experiencing a daily traffic count of 20,000 to 24,000 vehicles. The property includes a 5,240 square foot building currently generating $4,000 per month in rental income. The lease on this building expires December 30, 2024, representing a remaining lease term of approximately 0.4 years. The property is zoned HC/R-25, offering flexibility for various commercial uses. Built in 1969, the property also features an attractive pond. The asking price is $3,000,000, translating to a price per square foot of $572.52. This high-visibility location and existing income stream make this a compelling investment for discerning buyers seeking a strong return on investment in a thriving market. The property's size and location provide significant potential for future development and expansion. This is a rare opportunity to acquire a well-situated commercial property with immediate income generation and significant long-term potential. The property is located in Bulloch County, Georgia, zip code 30458.
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
Physical attributes from public recordsZoning & alternative use
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.