2929 Main StMoultrie, GA 31768
- Specialty properties
- 7,877 SF
Property Details for 2929 Main St
- Year built
- 1991
- Construction
- STEEL FRAME
- Lot size
- 2.01 AC
- Property size (Sq ft)
- 7,877 SF
- Property type
- Specialty properties
- Property subtype
- Other specialty properties
- APN
- M042 005B
- APU
- M042005B
Description
Exceptional investment opportunity: 5.62 acres of R-3 zoned land in Moultrie, Georgia, approved for a 75-unit multifamily development. This prime parcel is situated on South Main Street and Sunset Circle, boasting convenient access to utilities from both streets. The high-traffic location, with over 8,000 vehicles passing daily on South Main Street, ensures excellent visibility and accessibility. The R-3 zoning allows for versatile development options, including multifamily apartments, single-family rentals, or a subdivision. The property's strategic location within a residential district places it near local businesses, Sunset Country Club, and medical facilities. Ingress and egress points on both South Main Street and Sunset Circle further enhance its development potential. The property's Assessed Parcel Number (APN) is M042 005. There's also an option to acquire an additional 2.46 acres of adjacent R-3 zoned land. The asking price for this exceptional 5.62-acre parcel is $300,000. This presents a rare chance to capitalize on the growing demand for residential housing in a thriving community. Don't miss this opportunity to secure a highly desirable development site in a prime location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,122,415
- Hospitality
- $1,028,126
- Educational
- $855,389
- Medical
- $884,807
- Retail
- $1,330,605
Location Insight
- City
- Moultrie
- County
- Colquitt
- State
- Georgia
- Latitude
- 31.1292
- Longitude
- -83.7817
- CBSA code
- 34220
- CBSA name
- MOULTRIE, GA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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