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  • Price$1,000,000
  • Acres4.62
  • Built1965

1140 Dr Martin Luther King Jr Parkway, Athens

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.

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Essential Information

  • MLS® #10266320
  • Price$1,000,000
  • Bathrooms0.00
  • Acres4.62
  • Year Built1965
  • TypeCommercial Sale
  • StatusUnder Contract

Amenities

  • UtilitiesCable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Water Available
  • ParkingOther

Exterior

  • Lot DescriptionCity Lot
  • ConstructionBrick

Listing Details

  • Listing Provided Courtesy Of Georgia Premier Re Advisors

Community Information

  • Address1140 Dr Martin Luther King Jr Parkway
  • SubdivisionNone
  • CityAthens
  • CountyClarke
  • StateGA
  • Zip Code30602

Interior

  • HeatingOther
  • CoolingOther

Additional Information

  • Days on Market32
  • ZoningRS-8

Price Change History for 1140 Dr Martin Luther King Jr Parkway, Athens, GA (MLS® #10266320)

Date Details Price Change
Under Contract – –
Active (from New) – –
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Listing information last updated on May 6th, 2024 at 6:30am CDT.