4.6 Acres of Residential Land for Sale in Athens, Georgia

1140 Dr Martin Luther King Jr Pkwy, Athens, GA 30602

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4.6 Acres of Residential Land for Sale in Athens, Georgia
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$1,000,000
4.62 acres
pending saleUnder contract
Buildable lot
Homes starting at $488,000

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 details

County
Clarke County
Coordinates
33.9763, -83.3782
Elevation
659 feet
MLS Number
GAMLS 10266477
Date Listed

Parcels

  • 163B1 B001

This 4.62-acre property is located at 1140 Dr Martin Luther King Jr Pkwy in Athens, GA 30602 with latitude 33.9763 and longitude -83.3782. The property is currently pending sale for $1,000,000 with a price per acre of $216,450. Listing data is sourced from Georgia Multiple Listing Service # 10266477.

Verify sale details at the property source or contact Georgia Premier RE Advisors at (706) 340-4724.

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Listing checked and updated . Parcel data by Regrid.

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Land for sale in Athens, GA