$2,200,000 Price Analysis    ♡   Athens, GA 30605 Unknown bed 0 bath unknown SqFt ($0/SqFt) 7.78 acre lot. Listed 2023-07-22, Taxes $15,773 | Ⓧ USDA Ineligible due to property near Athens |
Fantastic 7.78 development opportunity!
These two parcels have 750' of frontage on Lexington Rd and 370' of frontage on Indiana Avenue, offering incredible exposure and accessibility. W hether you're a developer or an investor, this is an excellent opportunity you don't want to miss. With relatively level terrain, excellent visibility and a traffic count of 28, 900 cars, it's an ideal location for a new commercial/mixed-use development. This property is two miles from downtown Athens and the University of Georgia and is under half a mile from Highwy 78 and Loop 10 interchange. This area continues to grow steadily with several new multi-family developments, including The Haven of Athens and the new 1, 000-bedroom Atlas Athens development.
In addition, the new Loop Interchange at Lexington Road is scheduled to be completed in 2025. This property is zoned Commercial General, allowing for a wide range of commercial uses and has all utilities available. Currently, on the property, there is an existing 6, 600 SF commercial building, two small residential houses and an ice machine which provide approximately $5, 175 rent per month. This parcel is located at the corner of Lexington Road and Indiana Avenue. Just two miles from downtown Athens and the University of Georgia, this property offers easy access to a vibrant community and a thriving student population. Less than a mile from the Bypass/Loop 10 makes it easy to access from anywhere in the Athens area. You can't beat the combination of location, visibility and traffic count this site has to offer.
Presented by BRIAN ELROD at
Nai Elrod Group.
Property MLS #20136394 from GeorgiaMLS
Lot Size Acres: 7.78
Lot Size Square Feet: 338897
Calculated Total Monthly Association Fees: 0
High School: Cedar Shoals
Middle School: Hilsman
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Clarke
Directions: From downtown Athens, follow Oconee Street out of town. Oconee Street will turn into Oak Street, which will turn into Lexington Road. After the Bypass, the property will be approximately 1/2 mile on your right at the corner of Indiana Avenue and Lexington Road.
Tax Year: 2022
Source Property Type: Land
Property Subtype: Unimproved Land
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $131,574 + $362,880 $494,454 | $15,773 |
| 2021 | $116,954 + $362,880 $479,834 | $16,170 |
| 2020 | $116,954 + $362,880 $479,834 | $16,170 |
| 2019 | $117,845 + $506,266 $624,111 | $17,964 |
| 2018 | $117,845 + $474,624 $592,469 | $17,523 |
| 2017 | $117,845 + $474,624 $592,469 | $17,523 |
| 2016 | $117,845 + $474,624 $592,469 | $17,523 |
| 2015 | $89,002 + $474,624 $563,626 | $17,139 |
| 2014 | $89,002 + $474,624 $563,626 | $17,157 |
| 2013 | $89,002 + $474,624 $563,626 | $17,175 |
| 2012 | $89,002 + $487,296 $576,298 | $17,231 |
| 2011 | $17,718 + $414,936 $432,654 | $16,248 |
| 2010 | $89,002 + $414,936 $503,938 | $16,248 |
| 2009 | $89,002 + $414,936 $503,938 | $16,001 |
| 2008 | $89,002 + $414,936 $503,938 | $15,612 |
| 2007 | $89,002 + $396,030 $485,032 | $14,985 |
$0
ClassicMLS
Listed 2023-07-22
$2,200,000
ClassicMLS
Listed 2023-07-22
$2,200,000
GeorgiaMLS
Sold 2019-08-19
$980,000
Public Record
High Speed Internet
Sewer Available
Phone Available
Water Available
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.