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  • Price$1,000,000
  • Acres4.62

1140 Dr Martin Luther King Jr Parkway, Athens

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.

Essential Information

  • MLS® #10266477
  • Price$1,000,000
  • Bathrooms0.00
  • Acres4.62
  • TypeLand
  • Sub-TypeResidential Lot
  • StatusActive

Amenities

  • UtilitiesCable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available

School Information

  • ElementaryOther
  • MiddleOther
  • HighOther

Listing Details

  • Listing Provided Courtesy Of Georgia Premier Re Advisors

Community Information

  • Address1140 Dr Martin Luther King Jr Parkway
  • Subdivisionnone
  • CityAthens
  • CountyClarke
  • StateGA
  • Zip Code30602

Exterior

  • Lot DescriptionCity Lot

Additional Information

  • Days on Market75

Price Change History for 1140 Dr Martin Luther King Jr Parkway, Athens, GA (MLS® #10266477)

Date Details Price Change
Active
Back On Market
Under Contract
Active (from New)
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Listing information last updated on December 26th, 2024 at 1:16pm CST.