4327 Old Register Rd Statesboro, GA 30458-3467
This exceptional 1.26-acre commercial property in Statesboro, Georgia, presents a rare investment opportunity. Situated less than a mile from the new Tormenta FC Stadium and Publix, this location benefits from the burgeoning retail and residential development surrounding Georgia Southern University's campus. The property's strategic placement next to Monarch 301, a luxury 546-bedroom student housing high-rise, underscores its high-demand potential. Currently zoned MX, the property allows for diverse uses, including bars, restaurants, residential development, and more, as per City of Statesboro zoning regulations. The site encompasses two parcels and features two existing metal buildings with high ceilings and 3-phase power, totaling approximately 13,600 square feet. These buildings offer immediate income potential from existing leases, which can be terminated upon closing to facilitate redevelopment. The rear buildings comprise approximately 10,800 square feet of ground-floor space, plus two 2-bedroom and one 4-bedroom apartment units. The front building offers roughly 2,800 square feet of warehouse space and office area on the ground floor, with additional second-story storage. The property's convenient access from Old Register Road via three directions enhances its appeal. Adjacent land may be available for acquisition from other owners, presenting opportunities for larger-scale development. This unique property offers significant upside for investors seeking a prime location in a rapidly growing market. The asking price is $660,000.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CR · Statesboro, GACosts & 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.