Fantastic 7.78 development opportunity! These two parcels have 750' of frontage on Lexington Rd and 370' of frontage on Indiana Avenue, offering 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. In addition, the new Loop Interchange at Lexington Road is scheduled to be completed in 2025. 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.1. 7.78-Acre Corner Commercial Parcel, 2. Great Visibility With Traffic Count of 28,900 ADT, 3. Approximately 750' Frontage on Lexington Rd, 4. Zoned C- G With All Utilities Available, 5. Open Parcel With Relatively Level Topo
Details
MLS#
1008442
Listing Type
For Sale
Style
Commercial
Sub-Type
Resale
Status
Active
Days On Site
469
Listing Provided By
NAI Elrod Group | Daniel Bennett
Features
Acreage
7.78
Market Activity 30605
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Oct 2024
Sales: 6
Avg $ Per SqFt: $117.89
Min Sale Price: $1,500
Max Sale Price: $563,423
Med Sale Price: $128,200
Date: Sep 2024
Sales: 18
Avg $ Per SqFt: $138.95
Min Sale Price: $1,100
Max Sale Price: $899,000
Med Sale Price: $275,000
Date: Aug 2024
Sales: 10
Avg $ Per SqFt: $166.11
Min Sale Price: $1,500
Max Sale Price: $390,000
Med Sale Price: $290,000
Date: Jul 2024
Sales: 8
Avg $ Per SqFt: $133.27
Min Sale Price: $1,100
Max Sale Price: $401,500
Med Sale Price: $262,860
Date: Jun 2024
Sales: 9
Avg $ Per SqFt: $182.16
Min Sale Price: $1,395
Max Sale Price: $2,025,000
Med Sale Price: $293,000
Date: May 2024
Sales: 4
Avg $ Per SqFt: $205.69
Min Sale Price: $327,000
Max Sale Price: $424,500
Med Sale Price: $374,900
Date: Apr 2024
Sales: 11
Avg $ Per SqFt: $190.83
Min Sale Price: $207,500
Max Sale Price: $384,000
Med Sale Price: $289,900
Date: Mar 2024
Sales: 6
Avg $ Per SqFt: $245.15
Min Sale Price: $172,000
Max Sale Price: $984,000
Med Sale Price: $249,200
Date: Feb 2024
Sales: 3
Avg $ Per SqFt: $212.86
Min Sale Price: $185,000
Max Sale Price: $260,000
Med Sale Price: $220,000
Date: Jan 2024
Sales: 8
Avg $ Per SqFt: $179.76
Min Sale Price: $268,000
Max Sale Price: $590,000
Med Sale Price: $315,500
Date: Dec 2023
Sales: 4
Avg $ Per SqFt: $221.77
Min Sale Price: $233,400
Max Sale Price: $416,500
Med Sale Price: $247,500
Sourced by Back At You
Oct 2024
Sales:
6
Avg $ Per SqFt:
$117.89
Min Sale Price:
$1,500
Max Sale Price:
$563,423
Med Sale Price:
$128,200
Sep 2024
Sales:
18
Avg $ Per SqFt:
$138.95
Min Sale Price:
$1,100
Max Sale Price:
$899,000
Med Sale Price:
$275,000
Aug 2024
Sales:
10
Avg $ Per SqFt:
$166.11
Min Sale Price:
$1,500
Max Sale Price:
$390,000
Med Sale Price:
$290,000
Jul 2024
Sales:
8
Avg $ Per SqFt:
$133.27
Min Sale Price:
$1,100
Max Sale Price:
$401,500
Med Sale Price:
$262,860
Jun 2024
Sales:
9
Avg $ Per SqFt:
$182.16
Min Sale Price:
$1,395
Max Sale Price:
$2,025,000
Med Sale Price:
$293,000
May 2024
Sales:
4
Avg $ Per SqFt:
$205.69
Min Sale Price:
$327,000
Max Sale Price:
$424,500
Med Sale Price:
$374,900
Apr 2024
Sales:
11
Avg $ Per SqFt:
$190.83
Min Sale Price:
$207,500
Max Sale Price:
$384,000
Med Sale Price:
$289,900
Mar 2024
Sales:
6
Avg $ Per SqFt:
$245.15
Min Sale Price:
$172,000
Max Sale Price:
$984,000
Med Sale Price:
$249,200
Feb 2024
Sales:
3
Avg $ Per SqFt:
$212.86
Min Sale Price:
$185,000
Max Sale Price:
$260,000
Med Sale Price:
$220,000
Jan 2024
Sales:
8
Avg $ Per SqFt:
$179.76
Min Sale Price:
$268,000
Max Sale Price:
$590,000
Med Sale Price:
$315,500
Dec 2023
Sales:
4
Avg $ Per SqFt:
$221.77
Min Sale Price:
$233,400
Max Sale Price:
$416,500
Med Sale Price:
$247,500
MLS Number: 1008442
Daniel Bennett – (706) 553-1000 – daniel@naielrod.com
NAI Elrod Group – (706) 553-1000 – brianelrod1@gmail.com
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Athens Area Association of REALTORS®.
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MLS Number: 1008442
Daniel Bennett – (706) 553-1000 – daniel@naielrod.com
NAI Elrod Group – (706) 553-1000 – brianelrod1@gmail.com