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Listed by Matthew L. Smith • Georgia Premier RE Advisors

$1,000,000

Est. payment - /mo

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4.62 Acres Lot

Under Contract

1140 Dr Martin Luther King Jr Pkwy Athens, GA 30602

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Quillie Williams

sold@quillie.com +1(678) 573-6100

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Key Details

Property Type Vacant Land

Sub Type Residential Lot

Listing Status Under Contract

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 Other

Middle Schools Other

High Schools Other

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Quillie Williams

Broker Associate | License ID: 204690

+1(678) 573-6100

Quillie Williams

1140 Dr Martin Luther King Jr Pkwy Athens, GA 30602

Quillie Williams

Key Details

Location

Exterior

Building

Schools

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1140 Dr Martin Luther King Jr Pkwy