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Property profile & analytics
OFF-MARKET
Specialty properties

2929 Main St Moultrie, GA 31768-6903

7,877 SF 2.01 ac lot Built 1991
Individually Owned 5-yr Hold Free & Clear
Property ID
US22-3875462
Property summary
AI-generated overview

Exceptional investment opportunity: 5.62 acres of R-3 zoned land in Moultrie, Georgia, approved for a 75-unit multifamily development. This prime parcel is situated on South Main Street and Sunset Circle, boasting convenient access to utilities from both streets. The high-traffic location, with over 8,000 vehicles passing daily on South Main Street, ensures excellent visibility and accessibility. The R-3 zoning allows for versatile development options, including multifamily apartments, single-family rentals, or a subdivision. The property's strategic location within a residential district places it near local businesses, Sunset Country Club, and medical facilities. Ingress and egress points on both South Main Street and Sunset Circle further enhance its development potential. The property's Assessed Parcel Number (APN) is M042 005. There's also an option to acquire an additional 2.46 acres of adjacent R-3 zoned land. The asking price for this exceptional 5.62-acre parcel is $300,000. This presents a rare chance to capitalize on the growing demand for residential housing in a thriving community. Don't miss this opportunity to secure a highly desirable development site in a prime location.

Property profile
Verified
Property type Specialty properties
Use group FUNERAL HOME
Year built 1991
Construction STEEL FRAME
Total area 7,877 SF
Lot 2.01 ac (87,556 SF)
APN M042 005B
UPID US22-3875462
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • McLean Engineering Company, Inc. Engineering Consultant
  • Pinecrest Memory Gardens Cemetery
  • McLean Engineering, an Osmose Company Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
J Todd Taylor · 5 yrs held
J Todd Taylor
since 2020
6 recorded transactions
2020
Price N/A
2018
$25,000
2015
$300,000
2009
$625,000
2009
$825,000
2009
$25,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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