1140 Dr Martin Luther King Jr PKWY, Athens, GA, 30602
1140 Dr Martin Luther King Jr PKWYAthens, GA 30602
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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.
2 months ago | Listing updated with changes from the MLS® | |
2 months ago | Status changed to Active | |
10 months ago | Listing first seen on site |
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Data last updated at: 2024-10-30 12:00 AM UTC
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