0 Mcdonough Rd Griffin, GA 30223
This exceptional 15-acre tract of land presents a unique opportunity for residential development near Griffin, Georgia, and Interstate 75. Priced at $225,000 ($15,000 per acre), this property offers convenient access via paved North McDonough Road. While a new survey will be conducted at the buyer's expense by a licensed Georgia Land Surveyor to confirm the acreage (minimum 15 acres), the seller's approval is required. The land, previously cleared, has since regrown. The property is currently unimproved, featuring an old well in poor condition. Importantly, the sale is subject to a Conservation Use Value Assessment (CUVA) expiring in 2028, which the buyer must assume in writing. Failure to comply with the CUVA will result in the buyer's responsibility for all back taxes and penalties. This prime location near Griffin and I-75 makes it an ideal site for residential construction. The buyer should be aware of the CUVA and associated responsibilities before proceeding.
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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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.