$1,000,000

201,247

square ft

1140 Dr Martin Luther King Jr Parkway

Athens, Georgia 30602

Pending / MLS #10266477 / Vacant Land / Athens

Listing information updated 4/19/2024 at 2:48pm

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.

Full Features

Water Front:

Square Feet:

201,247

Lot Size:

4.62 Acres

Acreage:

4.62

Taxes & Assessments

Tax Amount:

$6,622

Tax Year:

2023

Location

Zip Code:

30602

City:

Athens

County:

Clarke

Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Water Front:

Square Feet:

201,247

Lot Size:

4.62 Acres

Acreage:

4.62

Tax Amount:

$6,622

Tax Year:

2023

Zip Code:

30602

City:

Athens

County:

Clarke

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Georgia Premier RE Advisors

Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved. Information is deemed reliable but not guaranteed.

Athens, GA

Nicknamed the Classic City, Athens is best known as the home of the University of Georgia, whose football team, the Georgia Bulldogs, won the 2021 & 2022 College Football National Championship. Just 60 miles northeast of Atlanta, Athens consistently ranks as among the nation's best places to live,...

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$381,602

Average Sale Price

Average Days On The Market

97%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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1140 Dr Martin Luther King Jr Parkway is a vacant land which sold for $1,000,000. This vacant land has been listed on Ansley Real Estate since March 14th, 2024.