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515 Crawford (US27)), Colquitt, GA 39837

For Sale

$1,250,000

6 beds4 baths1,300 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $961.54
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 11588

Courtesy Of Taylor Realty Associates

(229) 758-8432

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Oven
  • Architecture Style
    Cottage
  • Floor Covering
    Carpet, Tile, Tile - Ceramic, Vinyl
  • Lot Size
    9.05 Acres
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath

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Monthly Payment Breakdown

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