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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.PROPERTY FEATURES
Utilities : Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Sewer Available,Water Available
Sewer : Public Sewer
Water Source : Public
Lot Features : City Lot
Property Condition : Resale
Zoning Description: RS-8
Construction Materials: Brick
PROPERTY DETAILS
Street Address: 1140 Dr Martin Luther King Jr Parkway
City: Athens
State: Georgia
Postal Code: 30602
County: Clarke
MLS Number: 10266320
Year Built: 1965
Courtesy of Georgia Premier RE Advisors
City: Athens
State: Georgia
Postal Code: 30602
County: Clarke
MLS Number: 10266320
Year Built: 1965
Courtesy of Georgia Premier RE Advisors
Courtesy of Peggy Slappey Properties
Courtesy of Peggy Slappey Properties Inc.