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1140 Dr Martin Luther King Jr
Athens GA 30602 US

$1,000,000

Active Listing ID 10266477
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Lot: 4.62 Acres
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Other

$1,000,000

Active Listing ID 10266477
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1140 Dr Martin Luther King Jr 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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Property Features

  • Facts
  • Lot Size: 4.62 Acres
  • Property Type: Land
  • Property Sub-type: Other
  • Features
  • Exterior Finish: City Lot

School Information

  • School
  • Out of Area(Elementary)
  • Other(MiddleSchool)
  • Out of Area(HighSchool)

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 1000000
  • unparsedaddress: 1140 Dr Martin Luther King Jr
  • postalcity: Athens
  • stateorprovince: GA
  • country: US
  • postalcode: 30602
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 4.62
  • lotsizeunits: Acres
  • lotsizearea: 4.62
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.976335
  • longitude: -83.378179
  • listagentfullname: Matthew L. Smith
  • listagentemail: matthew.smith@georgiapremierrealestate.com
  • listagentkey: 3yd-GAMLS-SMITHML
  • listagentmlsid: SMITHML
  • listagentpreferredphone: 7063404724
  • listagentofficephone: 7063630099
  • listofficekey: 3yd-GAMLS-GPAD01
  • listofficemlsid: GPAD01
  • disclaimer: Copyright © 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GAMLS
  • listingcontractdate: 2024-02-27
  • listagenturl: https://georgiapremierrealestate.com/
  • countyorparish: Clarke
  • parcelnumber: 163B1 B001
  • elementaryschool: Out of Area
  • highschool: Out of Area
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • exteriorfeatures: City Lot
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -83.37818, 33.976334
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Georgia Premier Real Estate Advisors", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"matthew.smith@georgiapremierrealestate.com", "ListBrokerageCity":"Madison", "ListBrokerageCountry":"US", "ListBrokerageEmail":"matthew.smith@georgiapremierrealestate.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Georgia Premier Real Estate Advisors", "ListBrokeragePhone":"(706) 340-4724", "ListBrokeragePostalCode":"30650", "ListBrokerageStateOrProvince":"GA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"PO Box 1278", "ListBrokerageWebsiteUrl":"https://georgiapremierrealestate.com/", "ListOfficeAddress1":"N. Main St. Unit C Ste 201 311", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Madison", "ListOfficeCountry":"US", "ListOfficeEmail":"matthew.smith@georgiapremierrealestate.com", "ListOfficePostalCode":"30650", "ListOfficeStateOrProvince":"GA", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Lot - Athens, GA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1140-Dr-Martin-Luther-King-Jr-Pkwy_Athens_GA_30602_M90767-56172?f=listhub&s=GAMLS&m=10266477&c=rexren", "MLSModificationTimestamp":"2024-11-12T09:49:22Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6622.25, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/12/2024 6:21:15 PM GMT
Source Updated Date: 12/12/2024 6:44:23 AM GMT

Courtesy of: Matthew L. Smith, Georgia Premier RE Advisors, matthew.smith@georgiapremierrealestate.com

Copyright © 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.