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

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$1,000,000
307 Days On Site

1140 Dr Martin Luther King Jr PKWY
Athens, GA 30602

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
2,500
SqFt
$400
/SqFt
1965
Built
Subdivision:
None
County:
Clarke

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1140 Dr Martin Luther King Jr PKWY1140 Dr Martin Luther King Jr PKWY1140 Dr Martin Luther King Jr PKWY1140 Dr Martin Luther King Jr PKWY
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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.

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Listing Snapshot
Price 
$1,000,000
Days On Site 
307 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
4.62 Acres
Year Built 
1965
MLS® Number 
10266320
Status 
Active
Property Tax 
$6,622.25
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
10 months agoListing first seen on site
General Features
Acres 
4.62
Parking 
Other
Sewer 
Public Sewer
SqFt Total 
2500
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater Available
Water Source 
Public
Zoning 
RS-8
Interior Features
Cooling 
Other
Heating 
Other
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Exterior Features
Construction Details 
Brick
Lot Features 
City Lot
Listing courtesy of Georgia Premier RE Advisors



Information deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this office are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Copyright © 2020-present Georgia MLS. All rights reserved.
Data last updated at: 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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