Highway 17, Richmond Hill, GA 31324
sale
$900,000
|
Other
Courtesy Of RE/MAX Accent
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.
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Property Features
- Legal Description: PIN 0473010
- MLSID: SA359211
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