114 Heritage Ln Leesburg, GA 31763-3098
This exceptional 2.4-acre commercial land parcel presents a compelling investment opportunity in Leesburg, Georgia. Strategically located off US Highway 19, this property enjoys high visibility and accessibility, situated near established businesses such as CVS and Publix. The site comprises two lots, offering flexibility for development. One lot measures 1.83 acres, and the other is 2.4 acres. The asking price for the entire 2.4-acre parcel is $250,000. This location benefits from significant traffic volume, with Georgia Department of Transportation counts registering 18,910 vehicles per day on the four-lane US Highway 19 South. Projections indicate a positive growth trajectory for the area, with a projected 2.7% increase in median household income over the next five years. This suggests a strong potential for future commercial development and return on investment. The property's address is 114 Heritage Ln, Leesburg, GA 31763, in Lee County. The precise coordinates are latitude 31.6518618 and longitude -84.1722019. This prime location and positive growth forecast make this a rare opportunity for commercial development in a thriving area. The property is classified as commercial land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · Leesburg, GALeesburg. Always verify with local authorities before improvements.
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.