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Active
1140 Dr Martin Luther King Jr Athens, GA 30602
4.62 Acres Lot
UPDATED:
11/15/2024 06:06 AM
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Active
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 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
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