2736 Oglethorpe HwyHinesville, GA 31313

  • Office properties
  • 2,900 SF
For Sale
$6,240,000 View listing

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
2736 Oglethorpe Hwy, Hinesville, Georgia

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,767
$115,640
$91,957
$207,597
-
$289,100
$229,893
$518,993

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