Laurel St Springfield, GA 31329
This exceptional 5.04-acre commercial property presents a unique investment opportunity in Springfield, Georgia. Located on Laurel Street, this expansive lot boasts approximately 700 feet of frontage, placing it directly within Springfield's revitalized historic district and burgeoning central business area. The property's strategic location offers unparalleled visibility and accessibility, situated just blocks from the historic Mars Theatre and surrounded by thriving businesses. Effingham County's rapid growth makes this a prime location for a variety of development projects. The blank slate nature of this property allows for diverse possibilities, including, but not limited to, office spaces, multi-family residential buildings, mixed-use developments, retail establishments, and restaurants. The property's size and location provide ample space for large-scale projects while maintaining a convenient proximity to the amenities of Springfield and a short commute to Savannah. This is an exceptional chance to capitalize on the significant growth trajectory of Effingham County and establish a presence in a thriving, historic community. The asking price is $1,100,000. Serious inquiries only.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.