Excellent 9. 279-acre development tract in city. Zoned r-m for multi-family (up to 18 units/acre) or high-density single-family attached (up to 7. 2 units/acre). City utilities at or near site. Easy access and convenient to mall, i-75, valdosta state university, downtown. See plat and potential m-f development plan attached. Priced based on $49,500/acre. Only $2750/unit land cost for 167 units assuming maximum density. Excellent site for lihtc affordable housing development - located in federal opportunity zone for additional development tax and financial credits and incentives.
Home Size0 sqft
Lot Size9.2790 Acres
Neighborhood4-S Baytree Rd to W Oak St to S Hill Ave (CtyLmts)
The vacancy rate of homes in 31601 is
11.37% with 41.2% of homes being owner-occupied. The median household income in 31601 is $25365 per year with those between 25 and 44 having the highest median income at $31631.