208 Gunn Rd Centerville, GA 31028
This exceptional 8.46-acre commercial land parcel presents a remarkable development opportunity in Centerville, Georgia. Ideally situated on Gunn Road, this property boasts 1,250 feet of road frontage, providing excellent visibility and accessibility. Its location adjacent to the Houston County Public Library ensures high traffic and a desirable neighborhood setting. The land is completely flat and ready for immediate development, eliminating costly site preparation. All utilities are conveniently located on-site, streamlining the construction process. Zoned C2 with multifamily designation, this versatile property allows for a wide range of development possibilities, from commercial ventures to multifamily residential projects. The seller is willing to subdivide the property, offering flexibility for various project scales and investor needs. At an asking price of $1,150,560, this translates to an attractive price per acre of $136,000, making it a compelling investment in a thriving Georgia market. The property's prime location, combined with its zoning and readily developable nature, makes it an exceptional opportunity for both short-term and long-term returns. Don't miss this chance to acquire a highly sought-after commercial land parcel in a rapidly growing area. The address is 208 Gunn Rd, Centerville, GA 31028.
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.