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Agricultural

$1 Auction – 4 Acre Parcel | Dollar General Adjacent | 4K VPD | LaGrange, GA

adj. to 3836 Greenville Rd, LaGrange, GA 30241

Starting Bid: $1

Lot Size
4.00 acres
Price/Acre
$0
Land Type
Land
Auction Type
Absolute
Auction Start Date
Jun 24, 2024
Auction End Date
Jun 26, 2024

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace

Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±4.12-acre land parcel located adjacent to 3836 Greenville Road (the “Property”) in LaGrange, Georgia. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE!

The Property is a ±4.12-acre parcel situated adjacent to Dollar General with frontage on Greenville Road with traffic counts of ±4,230 vehicles per day. The Property benefits from proximity to a strong commercial node within this affluent residential community. Nearby retailers include Hobby Lobby, Walmart, Harbor Freight, Home Depot, Publix, Kroger, and more. The Property benefits from AGR, Agricultural/Residential zoning that allows for residential uses including duplex. Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside.

The Property is conveniently located 8 miles east of downtown, in the city of LaGrange within Troup County. The Property is easily accessible and is ideally positioned just 5-minutes east of the highly trafficked I-85 with ±33,964 vehicles per day and offers prime visibility and frontage on Greenville Road which carries ±4,230 VPD. The Property is located within an affluent area with an average household income of $94,056 within the immediate 3-mile radius and ±50,307 individuals with an AHHI of ±$59,571 within an expanded 10-mile area. The 3-mile population has experienced 29.94% growth from 2010-2023 with 3.81% growth expected to continue through 2028.

Investment Highlights

  • ABSOLUTE $1 AUCTION | Dollar General Adjacent | 4K VPD | LaGrange, GA | AUCTION JUNE 24-26, 2024
  • ±4.12 Acres of Land Adjacent to Dollar General in LaGrange, GA
  • Attractive Demographics with 3-Mile AHHI of ±$94,056 and 10-Mile Population of ±50,307 Individuals and AHHI of ±$59,571
  • ±29.94% Population Growth from 2010-2023 and ±3.81% Future Growth Anticipated (3-mile radius)
  • Nearby Retail: Hobby Lobby, Walmart, Harbor Freight, Home Depot, Publix, Kroger and many more
  • ±4,230 VPD Traffic Counts on Greenville Road Leading to I-85 Nearby
  • Favorable AGR, Agricultural/Residential Zoning

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Agricultural

$1 Auction – 4 Acre Parcel | Dollar General Adjacent | 4K VPD | LaGrange, GA

Starting Bid: $1

Lot Size
4.00 acres
Price/Acre
$0
Land Type
Land
Auction Type
Absolute
Auction Start Date
Jun 24, 2024
Auction End Date
Jun 26, 2024

Investment Highlights

  • ABSOLUTE $1 AUCTION | Dollar General Adjacent | 4K VPD | LaGrange, GA | AUCTION JUNE 24-26, 2024
  • ±4.12 Acres of Land Adjacent to Dollar General in LaGrange, GA
  • Attractive Demographics with 3-Mile AHHI of ±$94,056 and 10-Mile Population of ±50,307 Individuals and AHHI of ±$59,571
  • ±29.94% Population Growth from 2010-2023 and ±3.81% Future Growth Anticipated (3-mile radius)
  • Nearby Retail: Hobby Lobby, Walmart, Harbor Freight, Home Depot, Publix, Kroger and many more
  • ±4,230 VPD Traffic Counts on Greenville Road Leading to I-85 Nearby
  • Favorable AGR, Agricultural/Residential Zoning

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±4.12-acre land parcel located adjacent to 3836 Greenville Road (the “Property”) in LaGrange, Georgia. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE! The Property is a ±4.12-acre parcel situated adjacent to Dollar General with frontage on Greenville Road with traffic counts of ±4,230 vehicles per day. The Property benefits from proximity to a strong commercial node within this affluent residential community. Nearby retailers include Hobby Lobby, Walmart, Harbor Freight, Home Depot, Publix, Kroger, and more. The Property benefits from AGR, Agricultural/Residential zoning that allows for residential uses including duplex. Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside. The Property is conveniently located 8 miles east of downtown, in the city of LaGrange within Troup County. The Property is easily accessible and is ideally positioned just 5-minutes east of the highly trafficked I-85 with ±33,964 vehicles per day and offers prime visibility and frontage on Greenville Road which carries ±4,230 VPD. The Property is located within an affluent area with an average household income of $94,056 within the immediate 3-mile radius and ±50,307 individuals with an AHHI of ±$59,571 within an expanded 10-mile area. The 3-mile population has experienced 29.94% growth from 2010-2023 with 3.81% growth expected to continue through 2028.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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