515 Crawford (US27)) Colquitt, GA 39837

Features

• Price/sqft: $961
• Total Units: 5
• Total Rooms: 9
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
• Heating: Other

Facts

• Year Built: 01/01/1945
• Property ID: 804508977
• MLS Number: 11588
• Property Type: Single Family Home
• County: MILLER
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Three individual homes are on this property located in an "opportunity zone," over approximately 1,700 frontage feet (almost 400 feet greater than a quarter mile makes for a tremendous opportunity for developing into small motel, gas station, restaurant, or all three on one property. The three houses (over approx 1,300 sf each) now located on the property could be moved on the property or to another location as residential rentals. Two other cinder block buildings included on site. Northernmost lot depth is approximately 430 feet according to survey. Zoning is mixed residential and commercial but could be converted to all commercial. Buyer possibly could convert to a modern restaurant/small motel combination. Being located on US 27 makes this probably one of the greatest non-agricultural properties located inside a city limits anywhere along US Hiway 27. Total acreage approximately 9.05 acres. For tax and other purposes, this side of US27 is a Tier 1 property at present. Also great for long-term investment as the daily traffic count on US27 is expected to continue to increase, plus the City of Colquitt is in need of a small quality motel. Several long-established businesses just across the street. Just over a mile from the City of Colquitt's historic town square.