$1,000,000

1140 Dr Martin Luther King Jr, Athens, GA 30602, US

Summary

Style: Commercial
Sq Ft: 2500
Year Built: 1965

Moving Quotes

primary photo for 1140 Dr Martin Luther King Jr, Athens, GA 30602, US

Remarks

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.

Details

MLS#: 10266320
Price: $1,000,000

Style: Commercial
Sq Ft: 2500
Year Built: 1965

County: Clarke
Tax Fee: 6622.25

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Broker Contact

Georgia Premier RE Advisors
N. Main St. Unit C Ste 201 311
Madison, GA, 30650
US
Matthew Smith
! 706-363-0099
! matthew.smith@georgiapremierrealestate.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Georgia Multiple Listing Service
Last updated: 2024-11-12T09:49:39.000-05:00.
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