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Executive Summary

This development site is zoned R-3C and is a rare opportunity to acquire a small development site with zoning already in place. The site is ideal for a small multifamily development in an area with high demand for housing and increase rents. Site consists of two parcels separated by a duplex. The two parcels complement one another and have the same zoning in place which is already approved for multifamily development in the county. Site has all utilities and zoning in place.
Site is located on Hicks Street between 15th street and Crawford Avenue. The property borders Calhoun Expressway on the North side. Area has seen substantial redevelopment in the last decade and that trend is expected to continue.

Property Facts

Price $93,646 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.52 AC
Opportunity Zone Yes
Zoning R-3C - Residential

1 Lot Available

Lot

Price $93,646 CAD
Price Per AC $180,089.13 CAD
Lot Size 0.52 AC

This development site is zoned R-3C and is a rare opportunity to acquire a small development site with zoning already in place. The site is ideal for a small multifamily development in an area with high demand for housing and increase rents.

Moderately walkable
60/100
Moderately drivable
60/100
Moderately bikeable
60/100
  • Listing ID: 33677666

  • Date on Market: 2024-10-29

  • Last Updated:

  • Address: 1711 Hicks st, Augusta, GA 30904

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