235 Old Race Track Rd Lavonia, GA 30553
This exceptional 56.53-acre property, located at 235 Old Race Track Rd, Lavonia, GA 30553, presents a unique investment opportunity. Zoned R1A by the City of Lavonia, this land allows for up to five single-family residences per acre. The property boasts convenient access, situated approximately 3 miles from I-85 Exit 173, offering easy commuting. Infrastructure is readily available, including all utilities and a gravity flow sewer system near both property ends. Dual ingress/egress points from two county-maintained roads ensure convenient access. The land features minimal topography variation and limited hardwood coverage, simplifying development. The location offers proximity to several major cities: approximately 30 miles north of Commerce, GA; 45 miles northeast of Athens, GA; and 50 miles south of Greenville, SC. This versatile property is ideal for residential development or agricultural pursuits, presenting a compelling opportunity for investors and developers alike. The asking price is $54,000 per acre.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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