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1140 Dr Martin Luther King Jr Parkway
Athens, GA 30602

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Property Details


List Price: $1,000,000
Beds: --
Baths: --
Status: Active
SqFt: --
Agency: Georgia Premier Real Estate Advisors

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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


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.


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