$2,200,000 $11,810 est/mo Sourced by Back At You

1934 Lexington Road,Athens, GA 30605

Athens GA, 30605

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Description

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 $5,025 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 TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site275
Listing Provided ByNAI Elrod Group | Daniel Bennett

Features

Acreage7.78

Market Activity 30605

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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Learn More About This Property

StateGA
CountyClarke Co.
CityAthens
Zip Code30605
Community NameNo Recorded Subdivision
Listing VS Median (in No Recorded Subdivision)
Price:
$2,200,000
low | high
Med:
$399,900
100% of Average
On Site:
275
low | high
Med:
7.000000
100% of Average
Sourced by Back At You
Listing Updated: March 6, 2024 at 8:24:54 AM PST
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