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Rich Sullivan

rich.sullivan@evatlanta.com +1(404) 988-7428

$ 2,200,000

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1934 Lexington Athens, GA 30605

7.78 Acres Lot

UPDATED:

07/10/2024 06:24 PM

Key Details

Property Type Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type Land

MLS Listing ID 20136394

HOA Y/N No

Originating Board Georgia MLS 2

Annual Tax Amount $17,556

Tax Year 2022

Lot Size 7.780 Acres

Acres 7.78

Lot Dimensions 7.78

Property 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 $5,175 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

Interior

Fireplace No

Exterior

Community Features None

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

View Y/N No

Private Pool No

Building

Lot Description Level, Other, Corner Lot

Faces From downtown Athens, follow Oconee Street out of town. Oconee Street will turn into Oak Street, which will turn into Lexington Road. After the Bypass, the property will be approximately 1/2 mile on your right at the corner of Indiana Avenue and Lexington Road.

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Gaines

Middle Schools Hilsman

High Schools Cedar Shoals

Others

Tax ID 174B2 A017

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Rich Sullivan

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+1(404) 988-7428

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Rich Sullivan

1934 Lexington Athens, GA 30605

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