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$ 900,000
Est. payment /mo
Active
000 Highway 17 Richmond Hill, GA 31324
383,764 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 383,764 sqft
Price per Sqft $2
MLS Listing ID SA359211
HOA Y/N No
Lot Size 8.810 Acres
Acres 8.81
Property Sub-Type Land
Source SAV
Property Description
Richmond Hill, GA 31324 presents a compelling opportunity for investors and developers looking to capitalize on a rapidly growing market characterized by robust demographic trends and a strong economic foundation, 8 acres in dynamic I95 corridor, Exit 87 with multi use, current C3 RH city zoning, impressive population growth rate of 23.54% and a thriving community profile dominated by affluent family segments, this area stands out as a prime location for residential and commercial development. Trade Area Insights Investors and developers will find Richmond Hill's demographic composition attractive, prosperous community, high homeownership rate of 83% and the prevalence of single-family residences underscore the stability and long-term investment potential in this market. Economic indicators: projected median household income stands at $121,098, with an average household income of $125,259, signaling substantial spending power and economic resilience. The area's per capita income of $41,496 and an average disposable income of $93,412 suggest a community with strong financial health, capable of supporting upscale retail and services. The population dynamic & diversity supports varied development opportunities from starter homes to senior living communities. Additionally, Richmond Hill experiences a daytime worker influx of approximately 20,975, which increases the area's economic activity and potential customer base for retail and service businesses. Richmond Hill's median estimated home value of $419,140 suggests a stable housing market that provides a secure environment for real estate investments. As Richmond Hill continues to evolve, its combination of a vibrant, growing population, economic strength, and development-friendly attributes makes it an ideal destination for investors and developers. Survey and past wetland delineation are available.
Location
State GA
County Bryan
Direction Take HWY-17S, turn at the driveway for the Bestwestern Hotel
Exterior
View Panoramic
Present Use Residential,Single Family
Building
Water See Remarks
Structure Type Other
Others
Tax ID 0473010
Acceptable Financing Cash, Conventional, 1031 Exchange, Other
Listing Terms Cash, Conventional, 1031 Exchange, Other
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/sav/SA359211
Listed by Kelly B. Johnson • RE/MAX Accent