2929 Main StMoultrie, GA 31768

  • Specialty properties
  • 7,877 SF
For Sale
$300,000 View listing

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
2929 Main St, Moultrie, Georgia

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

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
$11,832
$38,464
$314,984
$353,448
-
$96,160
$787,461
$883,621

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