Tract 7 & 8 1262 Penny Morris Road

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Tract 7 & 8 1262 Penny Morris Road

Baxley, GA 31513
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel located in Baxley, Georgia
  • Consists of two distinct tracts numbered 7 and 8
  • Situated on Penny Morris Road near residential zones
  • Owner financing is a potential option for buyers
  • Suitable for residential development or private land investment

What's Special

Baxley presents a steady regional landscape for those seeking residential land development opportunities. Situated at the coordinates 31.8910, -82.2909, this site comprised of Tract 7 and 8 on Penny Morris Road offers space for custom home construction or long-term land holding within Appling County. The geography of this Georgia submarket supports traditional single-family residential development, providing a foundation for future housing projects in a growing community. Investors and developers can evaluate this parcel for residential subdivision or private estate construction, benefiting from the localized economic conditions characteristic of this area of the state. The surrounding environment maintains a rural residential character that remains accessible to regional transportation routes for commuting and logistical purposes. Interested parties may inquire about owner financing terms potentially available for this transaction, providing a flexible path toward asset acquisition and project commencement for qualified buyers.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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