1140 Dr Martin Luther King Jr Parkway
Athens,
GA
30602
Property Details
List Price: |
$1,000,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
-- |
Agency: |
Georgia Premier Real Estate Advisors |
Description/Comments
Lot Size: |
4 acre(s) |
Property Type: |
Lots And Land |
Year Built: |
-- |
Notes: |
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. |
MlsNumber: |
10266477 |
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Listing Provided By: |
Georgia Premier Real Estate Advisors, original listing |
Name: |
Georgia Premier Real Estate Advisors |
Phone: |
(706) 340-4724 |
Office Name: |
Georgia Premier RE Advisors |
Office Phone: |
(706) 363-0099 |
Agent Name: |
Matthew Smith |
Disclaimer: |
Copyright © 2024 Georgia 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. |