1140 Dr Martin Luther King Jr Parkway
Athens, GA 30602
- – beds
- – baths
- – sqft
- ~5 acre lot
- – on site
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.
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Last updated Apr 19, 2024
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MLS# 10266477 —
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Bike Score®
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Soundscore™
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/19/24
Apr 19, 2024
|
Pending | GAMLS | $1,000,000 | |
|
3/14/24
Mar 14, 2024
|
Listed / Active | GAMLS | $1,000,000 | |
|
12/6/21
Dec 6, 2021
|
Listed / Active | GAMLS |