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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyClarke
- Taxes$6,622
- HOA/Condo/Coop Fees$0
- Days on Site37 Days
- MLS StatusActive Under Contract
- MLS ID Number10266320
- Home Size Source Appraiser
- Year Built1965
- Lot Size4.62 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Brick
- Parking Other
- Sewer Public Sewer
- Acreage 4.62
- Water Public
- Zoning RS-8
- Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater Available
Interior Features
- Cooling Other
- Heating Other
Exterior Features
- Lot City Lot