$1,250,000 Price Analysis 515 E Crawford StColquitt, GA 39837 6 bed 4 bath 1,300 SqFt ($961/SqFt) 9.05 acre lot. Built 1945 Listed 2023-07-27, Taxes $757 | May be USDA loan restricted due to income limits near Colquitt |
Over approximately 1, 700 frontage feet (lmost 400 feet greater than a quarter mile makes for a tremendous opportunity for developing into small motel, gas station, restaurant or all three on one property. The three houses (over approx 1, 300 sf each) now located on the property could be moved on the property or to another location as residential rentals. Two other cinder block buildings included on site. Northernmost lot depth is approximately 430 feet according to survey. Zoning is mixed residential and commercial but could be converted to all commercial.
Buyer possibly could convert to a modern restaurant/small motel combination. Being located on US 27 makes this probably one of the greatest non-agricultural properties located inside a city limits anywhere along US Hiway 27. Total acreage approximately 9.05 acres. For tax and other purposes, this side of US27 is a Tier 1 property at present. Also tremendous for long-term investment as the daily traffic count on US27 is expected to continue to increase, plus the City of Colquitt is in need of a small quality motel. Several long-established businesses across the street. Just over a mile from the City of Colquitt's historic town square.
Presented by Terry Taylor at
Taylor Realty Associates.
Property MLS #11588 from SWGeorgia
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $19,218 + $2,559 $21,777 | $757 |
2021 | $19,218 + $2,559 $21,777 | $749 |
2020 | $19,218 + $2,559 $21,777 | $749 |
2019 | $19,218 + $2,559 $21,777 | $752 |
2018 | $19,218 + $2,559 $21,777 | $752 |
2017 | $19,218 + $2,559 $21,777 | $731 |
2016 | $19,218 + $2,559 $21,777 | $730 |
2015 | $12,981 + $2,403 $15,384 | $521 |
2014 | $12,981 + $2,403 $15,384 | $493 |
2013 | $12,981 + $2,403 $15,384 | $487 |
2010 | $12,981 + $2,403 $15,384 | $473 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.