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Property profile & analytics
OFF-MARKET
Land

0 Highway 41 Barnesville, GA 30204

22.15 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 22.15-acre commercial property presents a remarkable investment opportunity in the thriving college town of Barnesville, Georgia. Strategically located at the intersection of Highway 41 and the MLK Bypass (address: 0 Hwy 41, Barnesville, GA 30204), this expansive parcel offers unparalleled versatility. The property is zoned for general business along the road frontage, and importantly, already boasts approvals for the construction of approximately 225 multifamily/apartment units. This pre-approved development potential significantly streamlines the process for future projects. All essential utilities are conveniently located on-site, eliminating infrastructure hurdles. The property's layout allows for flexible development scenarios. Consider developing the entire parcel as a large-scale multifamily complex, or explore a mixed-use approach, potentially including a 1-acre corner lot for commercial development alongside the multifamily units. The asking price for this exceptional property is $766,500. This presents a unique chance to capitalize on the growing demand for housing and commercial space in Barnesville. Don't miss this opportunity to acquire a significant piece of prime real estate in a dynamic and expanding market. Contact us today to learn more about this exceptional investment opportunity.

Property profile
Verified
Property type Land
Lot 22.15 ac (964,854 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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