GA Hwy. 31 & Spells Rd.

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GA Hwy. 31 & Spells Rd.

Lakeland, GA 31635
Asking Price
$420K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Located at the intersection of GA Hwy. 31 and Spells Rd.
  • Parcel encompasses a total of 35 acres of land.
  • The property is currently listed for sale at 420,000 dollars.
  • Situated within the accessible landscape of the Lakeland market area.
  • Versatile land suitable for commercial, agricultural, or investment development.

What's Special

Lakeland serves as an established community within Georgia, offering accessible acreage for those looking to expand their regional footprint. This 35-acre parcel positioned at the intersection of GA Hwy. 31 and Spells Rd. provides a functional landscape for a variety of land use applications. Given its strategic placement and expansive size, the site is well-suited for agricultural pursuits, large-scale commercial development, or long-term investment strategies within this growing area of Lanier County. Investors and developers often prioritize this corridor for its straightforward access to regional thoroughfares. The property benefits from the surrounding rural character while remaining connected to the primary infrastructure of the Lakeland submarket. Its topography and location permit significant flexibility for stakeholders interested in land acquisition within the South Georgia region.

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NOI
$80,000
Cap Rate
19.05%
DSCR
3.21
Strong
Cash-on-Cash
43.70%
Monthly Payment
$2,077.931
Annual Cash Flow
$55,064.83

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