Athens, GA 30602,1140 Dr Martin Luther King Jr Pkwy
Athens, GA 30602,1140 Dr Martin Luther King Jr Pkwy
Athens, GA 30602,1140 Dr Martin Luther King Jr Pkwy
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$1,000,000
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4.62 Acres Lot
Active Under Contract

1140 Dr Martin Luther King Jr Pkwy Athens, GA 30602

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Nicole Van Den Bergh

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Key Details

Property Type Vacant Land

Sub Type Residential Lot

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 10266477

HOA Y/N No

Originating Board Georgia MLS 2

Annual Tax Amount $6,622

Tax Year 2023

Lot Size 4.620 Acres

Acres 4.62

Lot Dimensions 4.62

Property Sub-Type Residential Lot

Property Description

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.

Location

State GA

County Clarke

Interior

Fireplace No

Exterior

Community Features None

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

View Y/N No

Private Pool No

Building

Lot Description City Lot

Faces Use address in gps

Sewer Other

Water Public

New Construction No

Schools

Elementary Schools Out Of Area

Middle Schools Other

High Schools Out Of Area

Others

Tax ID 163B1 B001


Georgia MLS - GAMLS

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agent

Nicole Van Den Bergh

Broker | License ID: 381292

+1(770) 283-1223

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1140 Dr Martin Luther King Jr Pkwy

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