0 Highway 41 Barnesville, GA 30204
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.
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.