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1140 Dr Martin Luther King Jr Parkway Athens, GA $ 1,000,000
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1140 Dr Martin Luther King Jr Parkway
$ 1,000,000
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1140 Dr Martin Luther King Jr Parkway

Athens, GA, 30602
$ 1,000,000
Baths0.0

Monthly Estimate*

$ 6,646

1140 Dr Martin Luther King Jr Parkway, Athens, GA 30602 - Image 1
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1140 Dr Martin Luther King Jr Parkway, Athens, GA 30602 - Image 8
1140 Dr Martin Luther King Jr Parkway, Athens, GA 30602 - Image 9
1140 Dr Martin Luther King Jr Parkway, Athens, GA 30602 - Image 10
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1140 Dr Martin Luther King Jr Parkway, Athens, GA 30602 - Image 13
Studio

Lots and Land for sale in Athens, GA

for $1,000,000. The lot size is 4.62.

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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Lots and Land Pending

Price

$ 1,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 6,622

Style

Residential Lot

Lot Size

4.62

Town/City

Athens

County/Region

Clarke

MLS | Web ID

10266477
Features
General
Sewer Other
Utilities Cable Available Electricity Available High Speed Internet Phone Available Sewer Available Water Available
Property SubType Residential Lot
Tax Year 2023
Community Features None
County Clarke
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Subdivision Name none
Garage Y/N N
Status Under Contract
Directions Use address in gps
High School Other
City Athens
Buyer Agent Compensation 5
View Y/N N
Senior Community Y/N N
Lot Size Square Feet 201247.2
Waterfront Y/N N
Carport Y/N N
Street Name Dr Martin Luther King Jr
Elementary School Other
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 6622.25
Home Warranty Y/N N
Middle/Junior High School Other
Building Area Units Square Feet
Standard Status Pending
Buyer Agent Compensation Type %
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Exterior
Lot Features City Lot
Water Source Public
Lot Size Area 4.62
Spa N
Lot Size Acres 4.62
Lot Size Units Acres
Lot Size Source Public Records
Open Parking Y/N N
Horse Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Parkway
Electric On Property Y/N Y
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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* Excluded Features
List By
Georgia Premier Re Advisors

Broker

matthew.smith@georgiapremierrealestate.com

Email

Affordability Calculator

$7,198
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,646
Monthly Property Taxes
$552
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4136269 Elementary School
4136505 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/14/2024$1,000,000 Listed Price

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1140 Dr Martin Luther King Jr Parkway, Athens, GA, 30602 is a Lots and Land for sale at $1,000,000 with a lot size of 4.62. 1140 Dr Martin Luther King Jr Parkway is a studio with 0.0 baths. The property's zip code is 30602 which is in Athens, GA

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