For Sale
$1

18 Madison WayEllerslie, GA 31807

Prime commercial land, high-income area, auction!

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 3.87-acre commercial land parcel is situated adjacent to 18 Madison Way in Ellerslie, Georgia, within the Columbus MSA. The property boasts a highly desirable C-4, Highway Commercial District zoning, allowing for diverse development options including self-storage, retail, banking, restaurants, offices, and hotels. Located behind a Dollar General, this site benefits from excellent visibility and access from both Madison Way and Alt-27/Hwy-85, experiencing approximately 6,167 vehicles per day. The strong demographics of the area are a significant advantage, with a population of approximately 10,775 residents and an average annual household income of $116,861 within a 5-mile radius. This area shows promising growth projections, with a 2.4% population increase from 2020-2024 and an anticipated 10.99% growth from 2024-2029. This is a fee simple ownership opportunity. This property is being offered via an absolute $1 auction with no reserve. The auction will take place November 4-6, 2024. This presents a unique chance for developers to capitalize on a prime location in a thriving market. The property's strategic location and zoning flexibility make it an ideal investment for various commercial ventures.

Highlights

  • Absolute $1 Auction, No Reserve; 3.87-acre parcel; Auction: November 4-6, 2024.
  • 3.87 acres adjacent to Dollar General in Columbus, GA MSA; 6,167 VPD; frontage on two roads.
  • Projected 10.99% population growth (2024-2029); 2.4% growth (2020-2024) within a 5-mile radius.
  • Strong demographics: ~10,775 residents; ~$116,861 average annual household income (5-mile radius).
  • C-4 Highway Commercial zoning; allows self-storage, retail, banking, restaurants, offices, and hotels.
  • Absolute $1 auction; no reserve.

Property Details for 18 Madison Way

Property type
Land
Lot Size (sq. ft)
168,577 SF

Location Insight

City
Ellerslie
County
Harris
State
Georgia
Latitude
32.637872828394
Longitude
-84.789141364979
18 Madison Way, Ellerslie, Georgia

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18 Madison Way
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