1934 Lexington RD, Athens, GA 30605
1934 Lexington RD, Athens, GA 30605
1934 Lexington RD, Athens, GA 30605
$1,047,500
Est. payment /mo
5 Acres Lot

UPDATED:

Key Details

Sold Price $1,047,500

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20136394

Annual Tax Amount $17,556

Tax Year 2022

Lot Size 5.000 Acres

Property Sub-Type Unimproved Land

Property Description

Fantastic 5 development opportunity! This parcel offers incredible exposure and accessibility. Whether you're a developer or an investor, this is an excellent opportunity you don't want to miss. With relatively level terrain, excellent visibility, and a traffic count of 28,900 cars, it's an ideal location for a new commercial/mixed-use development. This property is just two miles from downtown Athens and the University of Georgia and is under half a mile from Highway 78 & Loop 10 interchange. This area continues to grow steadily with several new multi-family developments, including The Haven of Athens and the new 1,000-bedroom Atlas Athens development. This property is zoned Commercial General, allowing for a wide range of commercial uses, and has all utilities available. Currently, on the property, there is an existing 6,600 SF commercial building, two small residential houses, and an ice machine which provide approximately $5,175 rent per month. This parcel is located at the corner of Lexington Road and Indiana Avenue. Just two miles from downtown Athens and the University of Georgia, this property offers easy access to a vibrant community and a thriving student population. Less than a mile from the Bypass/Loop 10 makes it easy to access from anywhere in the Athens area. You can't beat the combination of location, visibility, and traffic count this site has to offer.

Location

State GA

County Clarke

Exterior

Community Features None

Utilities Available High Speed Internet, Sewer Available, Phone Available, Water Available

View Y/N No

Building

Lot Description Level, Other, Corner Lot

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Gaines

Middle Schools Hilsman

High Schools Cedar Shoals

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Mauricio & Paola Bunk

Mauricio & Paola Bunk

+1(786) 521-5214

Real Estate Consultants | License ID: 349449

Real Estate Consultants License ID: 349449

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