South Cedar Street

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South Cedar Street

Springfield, GA 31329
Asking Price
Contact for price
Asset Type
Residential Mixed-use
Class
Class B

AI Property Summary

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

  • Property features 10.65 acres of developable land.
  • Located on South Cedar Street in Springfield.
  • Mixed-use asset type suitable for residential development.
  • Situated in a growing area of Georgia.
  • Current listing available for auction via GovDeals.

What's Special

This mixed-use residential property encompasses 10.65 acres along South Cedar Street in Springfield, Georgia. Situated within a growing region of the state, the land provides significant acreage for development projects that require space for a combination of housing and commercial utility. Springfield is positioned as a key community within the metro area, benefiting from proximity to regional transportation routes and a steady demographic base. The parcel presents a functional foundation for investors and builders focused on expansion in a high-demand submarket. Its flexible zoning potential allows for a variety of use cases, ranging from residential subdivisions to integrated mixed-use environments that cater to local needs. Current site conditions offer a blank slate for development, making this an actionable acquisition for those looking to secure land in a developing corridor.

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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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