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1106 Druid Park ave - Druid Park Ave - Multi-Family Entitled Parcel

0.39 Acres of Residential Land Offered at £118,422 in Augusta, GA 30904

Investment Highlights

  • Multi-Family Entitled Parcels
  • 11+ Units possible on site
  • All utilities in place
  • Excellent location near AU Summerville, Paine College, and AU/MCG Medical Campus
  • Flat topo
  • Access points from Druid Park Ave and Emmett Street Lane

Executive Summary

Excellent assemblage of Multi-Family entitled parcels near Paine College, Downtown Medical District, Augusta University Summerville, and MCG Wellstar Campus. The parcels total 0.39 Acres and have access from both Druid Park Avenue, and Emmett Lane directly behind them. Per Augusta-Richmond County Zoning ordinance, these parcels are zoned R-3C Multi-Family, with an ability to fit 29 Units Per Acre, allowing for 11 + Units on site. Excellent opportunity for student housing, multi-family rentals, townhomes, condos, or a small apartment development.

Property Facts

Price £118,422
Sale Type Investment or Owner User
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.39 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price £118,422
Price Per AC £303,647
Lot Size 0.39 AC

3 Contiguous Parcels totaling 0.39 Acres. All parcels are zoned R-3C with Entitlement for Multi-Family Development. All utilities are present and on-site. Access Points from Both Druid Park Ave (Front) and Emmett Street Lane (Rear). Flat as a hoecake

Description

Excellent assemblage of Multi-Family entitled parcels near Paine College, Downtown Medical District, Augusta University Summerville, and MCG Wellstar Campus. The parcels total 0.39 Acres and have access from both Druid Park Avenue, and Emmett Lane directly behind them. Per Augusta-Richmond County Zoning ordinance, these parcels are zoned R-3C Multi-Family, with an ability to fit 29 Units Per Acre, allowing for 11 + Units on site. Excellent opportunity for student housing, multi-family rentals, townhomes, condos, or a small apartment development. Parcels Included: 1106 Druid Park Ave: 045-2-203-00-0 1108 Druid Park Ave: 045-2-204-00-0 1118 Druid Park Ave: 045-2-205-00-0 Demolition Quote available for commercial building @ 1108 Druid Park Ave. Seller may undertake demo with acceptable offer.

Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R-3C (Permitted uses:single-family or duplex residential use, plus multi-family residential use at a density not to exceed approximately 29 units per acre.)
R-3C (Permitted uses:single-family or duplex residential use, plus multi-family residential use at a density not to exceed approximately 29 units per acre.)
  • Listing ID: 32922276

  • Date on Market: 22/08/2024

  • Last Updated:

  • Address: 1106 Druid Park ave, Augusta, GA 30904

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