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Property profile & analytics
FOR SALE
Commercial land

421 Town Park Blvd Evans, GA 30809

Entity Owned 8-yr Hold
Property ID
US22-1498377
Property summary
AI-generated overview

Incredible development opportunity in Evans. Offering a total of 10 Parcels totalling 5.1+ acres of land attached with a current PUD Zoning for Senior Living. Located in a highly developed professional and medical corridor of Evans, GA, recently voted one of the Best Small Towns in America. Evans, GA is a Submarket of the Augusta, GA MSA with a population exceeding 600K and continuing to see explosive growth in population. The property offers frontage on Hereford Farm Rd, which is currently under a DOT widening project for conversion into a 4-Lane bypass that will begin at Exit 190 in Grovetown, GA and offer connection to Riverwatch Parkway, a hub of transportation into Downtown Augusta's thriving Central Business and Medical District's. Previous plans for the property include concept renderings for 48 Units in a 1-Story Memory Care facility, 60 Units in a 2-Story Assisted Living Facility and 36 Units in a 3-Story Independent Living Facility, all of which would be connected on the entire site. Town Center offers immense options and flexibility with planning and zoning for any future medical and professional uses should the current PUD Zoning not be reflective of the end user's plans. Contact Jud Conkle or Brad Merry for further details.

Property profile
Verified
Property type Commercial land
UPID US22-1498377
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
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
Evans Alf Partners LLC · 8 yrs held
Evans Alf Partners LLC
since 2017
1 recorded transaction
2017
$850,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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