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Property profile & analytics
FOR SALE
Commercial land

3215 Old Highway 441 Rd Homer, GA 30547

5.53 ac lot
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-3079974
Property summary
AI-generated overview

This exceptional 5.53-acre commercial property boasts a prime location at the intersection of Highway 441 North and Old Historic Highway 441 in Homer, Georgia. The majority of the lot has already been cleared, significantly reducing development time and costs. A perc test has been completed, and the soil has been compacted, streamlining the process for septic installation. County water and electric are readily available, and the perc test results confirm suitability for septic systems. The property offers significant road frontage, totaling approximately 1,000 feet, along both Old Highway 441 and the new Highway 441 bypass. This strategic positioning ensures high visibility and accessibility, benefiting from an estimated daily traffic count of 21,000 vehicles. Its proximity to major transportation arteries, including the I-85/441 interchange, further enhances its appeal. The location is also advantageous due to its vicinity to established businesses and amenities, including the Commerce Tanger Outlets, SK Batteries, Pepsi Cola facilities, hotels, restaurants, residential areas, and medical facilities. The property is zoned C2, eliminating zoning hurdles and allowing for immediate development. This ready-to-build lot presents a unique opportunity for businesses seeking high visibility and convenient access in a thriving commercial area. The combination of its size, location, and existing infrastructure makes this an exceptional investment opportunity.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 5.53 ac (240,887 SF)
Zoning code C2
APN B48 072A
UPID US22-3079974
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
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Owner & transaction history
Michael Aaron Veal · 5 yrs held
Michael Aaron Veal
since 2021
Last sale
$99,500
2 recorded transactions
2021
$99,500
2007
$110,640
Zoning & alternative use
C2 · Homer, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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