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8663 Veterans Parkway - Veteran's @ Hancock - 35 Acres

35 Acres of Commercial Land Offered at $2,975,000 in Columbus, GA 31909

Investment Highlights

  • Convenient location
  • GDOT road widening project to begin soon
  • High traffic corridor
  • Strong growth area

Executive Summary

6 Tax parcels 079001002D, 002F, 002G, 002C, 002B & 002A totaling 35 +/- acres. 8649 Veterans is just one of the addresses. Attached support materials explains how the 6 parcels interconnect. 4 houses currently sit on 5 of the 35 acres, with the balance of the land covered with woods. Three of the homes are occupied by owners. One is vacant. This is a family compound. The families plan to move to a new family compound in a less populated area. This is an all or nothing sale. 3.45 acres of the 35 acres are zoned SFR1 and the balance (31.55 ac) is zoned RE1. A portion of this property is subject to the Veterans Parkway Overlay District. Columbus Consolidated Government has development guidelines defined in the Unified Development Ordinance (UDO). Veterans Parkway is scheduled for widening by the Georgia Department of Transportation. ROW acquisition has been completed and construction stakes are in place. GDOT has control of the construction schedule, and the start date has not been announced. The property features about 400 LF of frontage on Veterans Parkway that could be prime commercial land with multifamily or high-density single family developed on the back acreage. This site could also support a church or school campus. Sanitary sewer is nearby via two adjacent properties, but no easement has been negotiated yet. A recent geotechnical report valued at about $15,000 is available as part of the due diligence documents. Boundary survey and field run topo were completed in April 2021 and are also available which can save time and money.

Property Facts

Price $2,975,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
Total Lot Size 35.00 AC

1 Lot Available

Lot

Price $2,975,000
Price Per AC $85,000
Lot Size 35.00 AC

6 contiguous tax parcels all owned by several family members. Totals 35 acres of gently rolling pristine land that has been in the family for over 70 years. Was a dairy farm many years ago. 400 LF of frontage on Veterans Parkway. High growth area

Description

35 +/- acres 6 tax parcels All owned by family members 4 homes on property - 3 occupied - one vacant Owners live in the 3 occupied homes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
079-001-002A
Land Assessment
$37,364
Improvements Assessment
$0
Total Assessment
$37,364

zoning

Zoning Code SFR1 & RE1 (Single Family Residential)
SFR1 & RE1 (Single Family Residential)
  • Listing ID: 26496422

  • Date on Market: 8/26/2022

  • Last Updated:

  • Address: 8663 Veterans Parkway, Columbus, GA 31909

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