Athens, GA 30602,1140 Dr Martin Luther King Jr Pkwy
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Athens, GA 30602,1140 Dr Martin Luther King Jr Pkwy
Athens, GA 30602,1140 Dr Martin Luther King Jr Pkwy
Athens, GA 30602,1140 Dr Martin Luther King Jr Pkwy
Athens, GA 30602,1140 Dr Martin Luther King Jr Pkwy
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Listed by Matthew L. Smith • Georgia Premier RE Advisors
$ 1,000,000
Est. payment /mo
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1140 Dr Martin Luther King Jr Pkwy Athens, GA 30602

4.62 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10266320

Construction Status Resale

Year Built 1965

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

Zoning RS-8

Interior

Heating Other

Cooling Other

Exterior

Garage Other

Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Water Available

Building

Sewer Public Sewer

Construction Status Resale


Georgia MLS (GAMLS)

Cheri' Benjamin

+1(404) 965-4080

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1140 Dr Martin Luther King Jr Pkwy