$ 1,000,000
1140 Dr Martin Luther King Jr Pkwy Athens, GA 30602
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Listed by Matthew L. Smith • Georgia Premier RE Advisors
$ 1,000,000
Est. payment /mo
Active
1140 Dr Martin Luther King Jr Pkwy Athens, GA 30602
4.62 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10266477
HOA Y/N No
Annual Tax Amount $6,622
Tax Year 2023
Lot Size 4.620 Acres
Property Description
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.
Location
State GA
County Clarke
Exterior
Community Features None
Utilities Available Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available
Building
Sewer Other
Schools
Elementary Schools Out Of Area
Middle Schools Other
High Schools Out Of Area
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