Property profile

4332 Mcever Rd Oakwood, GA 30566

OFF-MARKET
Commercial land
Property ID
US22-0062236
0.67 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.62-acre commercial lot presents a remarkable opportunity for business development in Oakwood, Georgia. Strategically situated near the busy intersection of McEver Road and Mundy Mill Road, this property boasts 169 feet of prominent road frontage, ensuring high visibility and attracting significant traffic. Its convenient location offers easy access to Downtown Gainesville and the recreational amenities of Lake Lanier, enhancing its appeal to both businesses and customers. Adding to its allure, the property overlooks the picturesque Balus Creek, providing a serene backdrop for any commercial venture. The site has already undergone a recent survey and topography survey, streamlining the development process. Furthermore, county approval has been secured for the construction of a 3,200 square-foot building, eliminating a significant hurdle in the development timeline. The availability of water and sewer tie-ins directly across the street further simplifies the infrastructure requirements. This turnkey opportunity combines prime location, convenient access, and pre-approved building plans, making it an exceptional investment for entrepreneurs seeking to establish a thriving business in a rapidly growing community. Don't miss this chance to capitalize on this exceptional commercial land.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.67 ac (29,185 SF)
Zoning code O-I
APN 08-042 -000-058
UPID US22-0062236

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4332 Mcever Rd Oakwood, GA 30566
Oakwood metro Census 1402 GAINESVILLE, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$65k

Owner & transaction history

since 2023
Last sale
$65,000
3 recorded transactions
2023
Price N/A
2023
$60,000
2008
$225,500

Zoning & alternative use

O-I · Oakwood, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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