2929 Main StMoultrie, GA 31768

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

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.

• 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

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