Description
Fantastic 7.78 redevelopment opportunity! these two parcels have 750’ of frontage on lexington rd and 370’ of frontage on indiana avenue, offering incredible exposure and accessibility. whether 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 just two miles from downtown athens and the university of georgia and is under half a mile from highway 78 & 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 $5,025 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.
Property Type
LandCounty
ClarkeStyle
Unimproved LandAD ID
44568485
Sell a home like this and save $131,501 Find Out How
Statistics Bottom Ads 1
Property Details
-
Interior Features
Water/Sewer
- Water Source: Public
- Sewer: Public Sewer
Utilities
- High Speed Internet,Sewer Available,Phone Available,Water Available
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 7.78
- Lot Size Source: Public Records
- Lot Features: Level,Other,Corner Lot
Property Information
- Property Type: Land
- Property Sub Type: Unimproved Land
- Subdivision: None
- City: Athens
- State: GA
- 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.
- Property Status: Active
-
Listing Information
Listing Price Information
- Original List Price: $2,200,000
-
Taxes / Assessments
Tax Information
- Annual Tax: $17556.87
- Tax Year: 2022
-
School, Utilities & Location Details
School Information
- Elementary School: Gaines
- High School: Cedar Shoals
- Middle School: Hilsman
Statistics Bottom Ads 2
Sidebar Ads 1
Learn More about this Property
Sidebar Ads 2
Sidebar Ads 2
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2020 Georgia MLS. All rights reserved.
BuyOwner last updated this listing 04/27/2024 @ 07:18
- MLS: 20136394
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Georgia MLS
Buyer Agency Compensation: 4%
Offer of compensation is made only to participants of the MLS where the listing is filed.
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 8 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Athens , in zip code 30605, this Clarke County Land are nearby neighborhoods.