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1711 Hicks st - Multifamily Development Site

0.52 Acres of Commercial Land Offered at £79,001 in Augusta, GA 30904

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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.

Multifamily Development Site

Property Facts

Price	£79,001	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Multifamily
No. Lots	1	Total Lot Size	0.52 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£79,001
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily
Total Lot Size	0.52 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	£79,001	Lot Size	0.52 AC
Price Per AC	£151,925

Price	£79,001
Price Per AC	£151,925
Lot Size	0.52 AC

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PROPERTY TAXES

Parcel Number	0352391000	Improvements Assessment	£0
Land Assessment	£5,288	Total Assessment	£5,288

PROPERTY TAXES

Parcel Number

0352391000

Land Assessment

£5,288

Improvements Assessment

£0

Total Assessment

£5,288

zoning

Zoning Code	R-3C (Residential)
R-3C (Residential)

Listing ID: 33677666
Date on Market: 29/10/2024
Last Updated:
Address: 1711 Hicks st, Augusta, GA 30904

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1711 Hicks st, Augusta, GA for sale Primary Photo- Image 1 of 2 — Screenshot 2024-10-23 150416

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