2736 Oglethorpe HwyHinesville, GA 31313
- Office properties
- 2,900 SF
Property Details for 2736 Oglethorpe Hwy
- Year built
- 1990
- Lot size
- 16.62 AC
- Property size (Sq ft)
- 2,900 SF
- Zone code
- PUD
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 083D 002
- APU
- 083D002
Description
This exceptional 14.77-acre commercial land parcel, located at 2736 E Oglethorpe Hwy in Hinesville, Georgia (zip code 31313, APN 083D002), presents a lucrative development opportunity. Zoned PUD, this property is ideally suited for a 104-unit townhome community. The buyer will be responsible for constructing a pool and clubhouse. Development plans require the inclusion of common areas, a boundary fence separating the property from existing residences (including landscaping), and a custom wood sign with stainless steel lettering. Individual house pads must meet minimum dimensions of 22 feet +/- 2 inches and adhere to existing compaction requirements. This prime location offers unparalleled convenience, situated near Fort Stewart's gates, along with a variety of shopping and dining options. Fort Stewart, the largest Department of Defense installation east of the Mississippi River, generates a significant $5 billion economic impact on the region, ensuring strong potential for rental demand and property value appreciation. The asking price for this exceptional development opportunity is $6,240,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $464,000
- 6.5%
- $428,308
- 7%
- $397,714
-
Comparable approach
- Method
- Valuation
- Relative Method
- $197,229
- Geo Method
- $197,229
-
Alternative Use
- Use
- Valuation
- Residential
- $531,102
- Hospitality
- $486,486
- Educational
- $404,751
- Medical
- $418,671
- Retail
- $629,612
Location Insight
- City
- Hinesville
- County
- Liberty
- State
- Georgia
- Latitude
- 31.8524
- Longitude
- -81.5521
- CBSA code
- 25980
- CBSA name
- HINESVILLE-FORT STEWART, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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