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Contact Information
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Scott Alderman
(C) (229) 561-1939
FIRST COMMERCIAL REAL ESTATE
(M) (229) 245-1328
(F) (229) 245-9029
P.O. Box 1361
1810 N. Ashley St., Ste. 5
VALDOSTA GA 31603
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Listing Details
MLS Number: 117797
List Price: $459,311
Acreage: 9.279
Area: 4-S Baytree Rd to W Oak St to S Hill Ave (CtyLmts)
Direction: W
Street #: 1400
Street Name: Magnolia St
City: Valdosta
State: GA
Zip Code: 31601
Historic District: No
Lot Size: 9.279 ac
Rd Frntg: 485
Road: Paved
Water: Public
Sewer: Public Sewer
Zoning: R-M
Property Type: Land
Property Description: Excellent 9.279-acre development tract in City. Zoned R-M for multi-family (up to 18 units/acre) or high-density single-family attached (up to 7.2 units/acre). City utilities at or near site. Easy access and convenient to Mall, I-75, Valdosta State University, downtown. See plat and potential M-F development plan attached. Priced based on $49, 500/acre. Only $2750/unit land cost for 167 units assuming maximum density.Excellent site for LIHTC Affordable Housing development - located in Federal Opportunity Zone for additional development tax and financial credits and incentives.