270 Homer Rd Commerce, GA 30529
Prime 1.16-acre commercial lot in downtown Commerce, Georgia, is available for $79,900. Located at 270 Homer Road, this property boasts 150 feet of frontage on a state highway, ensuring exceptional visibility and accessibility for any business. Built in 1900, the land is currently vacant and zoned C1 (general commercial), offering a wide range of development possibilities. Permitted uses under the C1 zoning include offices, healthcare facilities, schools, restaurants, retail establishments, and childcare centers. This presents a unique opportunity for investors and developers seeking to capitalize on the area's economic growth. The property's central location and flexible zoning make it ideal for establishing a flagship business or expanding an existing commercial portfolio. This is a rare chance to acquire a strategically positioned lot with significant potential for future development and high return on investment. The property offers a blend of convenience and potential for a variety of commercial ventures. Professional photos will be available soon.
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
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.