Improved Commercial Land for Sale in Athens, Georgia

1140 Dr Martin Luther King Jr Athens, GA 30602

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4.62 Acres of Improved Commercial Land for Sale in Athens, Georgia
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$1,000,000
4.62 acres
Active sale agoEst $5,767/mo

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.

2,500
Sq feet
1965
Built

Location

Street Address
1140 Dr Martin Luther King Jr
County
Clarke County
Elevation
659 feet
Coordinates
33.9763, -83.3782
Land for sale in Georgia

Property details

MLS Number
GAMLS 10266320
Date Posted

Property taxes

2023
$6,622

Parcels

  • 163B1 B001

This 4.62-acre property is located at 1140 Dr Martin Luther King Jr in Athens, GA 30602 with latitude 33.9763 and longitude -83.3782. The property is currently available for sale for $1,000,000. It has a 2,500 sq ft structure built in 1965. Listing data is sourced from Georgia Multiple Listing Service # 10266320.

Verify sale details at the property source or contact Georgia Premier RE Advisors at (706) 340-4724.

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Updated . Checked 2 hours ago. Parcel data by Regrid.

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