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Investment Highlights
- 2.59-acre parcel zoned for multifamily townhome development.
- Located behind retail and fitness centers and across from a middle school for strong demand drivers.
- Scenic marshfront views offering an attractive residential setting.
- Minutes from Historic Downtown St. Marys and ferry access to Cumberland Island beaches.
Executive Summary
Property Facts
| Price | $150,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.59 AC |
| Property Type | Land | ||
| Zoning | R5 - Multifamily townhomes | ||
| Price | $150,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 2.59 AC |
| Zoning | R5 - Multifamily townhomes |
1 Lot Available
Lot
| Price | $150,000 | Lot Size | 2.59 AC |
| Price Per AC | $57,915.06 |
| Price | $150,000 |
| Price Per AC | $57,915.06 |
| Lot Size | 2.59 AC |
This 2.59-acre parcel offers a prime opportunity for multifamily townhome development in the sought-after coastal community of St. Marys, Georgia. Zoned for multifamily use, the property combines natural beauty with strong market fundamentals.
Description
The property consists of 2.59 acres of land in St. Marys, Georgia, zoned for multifamily townhome development. It is situated behind existing retail and fitness centers and across from a middle school. The site offers marshfront views and is located near Historic Downtown St. Marys and the ferry to Cumberland Island. An adjacent 1.6-acre parcel with similar zoning is available for purchase, which would create a combined 4.1-acre development site. Preliminary concept plans for a 34-unit townhome community have been prepared for both parcels.
Property Taxes
| Parcel Number | 135-037E | Improvements Assessment | $0 |
| Land Assessment | $34,938 | Total Assessment | $34,938 |
Property Taxes
Presented by
1094 1st St
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