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Land
Tools
Size
4.62 Acres
Exterior
Financial
$1,000,000
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Listing Details
Land
Property type
10793487
Web Id
10266477
MLS ID
84
Days Posted
Description
1140 Dr Martin Luther King Jr Parkway, Athens, GA 30602
Georgia Premier Real Estate Advisors is pleased to offer for sale this +/- 5 acre redevelopment tract ideally located near downtown Athens and the loop for easy access. This tract is zoned RS-8 which allows for a maximum density of 3.8 residential dwellings per acre. There is a pond on site that, according to Athens-Clarke County is NOT a state waters and therefore would not require buffers. The pond could also be drained and filled for increased developable land with proper permitting. The seller has a letter in hand from Athens - Clarke County stating the above. There are two rental homes on the property that are fully leased for a total of $3,400 per month. Use this cash flow to carry the property until ready to redevelop. Leases are in place until November 2024.
This is an Active listing.
Broker Office Phone Number: 706-363-0099
Copyright © 2024Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 706-363-0099
Copyright © 2024Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Price History
| date | Price | variance | type |
|---|---|---|---|
| 3/14/2024 | $1,000,000 | - | Listed |
Listing By: Georgia Premier RE Advisors via Data Source: Georgia Multiple Listing Service
listing agent: Matthew Smith
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