1. Georgia
  2. Athens
  3. 1934 Lexington Road
$2,200,000

1934 Lexington Road, Athens, GA 30605

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7.78acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 years ago

Property Description

Fantastic 7.78 development opportunity! These two parcels have 750’ of frontage on Lexington Rd and 370’ of frontage on Indiana Avenue, offering incredible exposure and accessibility. Whether you're a developer or an investor, this is an excellent opportunity you don't want to miss. With relatively level terrain, excellent visibility, and a traffic count of 28,900 cars, it’s an ideal location for a new commercial/mixed-use development. This property is just two miles from downtown Athens and the University of Georgia and is under half a mile from Highway 78 & Loop 10 interchange. This area continues to grow steadily with several new multi-family developments, including The Haven of Athens and the new 1,000-bedroom Atlas Athens development. In addition, the new Loop Interchange at Lexington Road is scheduled to be completed in 2025. This property is zoned Commercial General, allowing for a wide range of commercial uses, and has all utilities available. Currently, on the property, there is an existing 6,600 SF commercial building, two small residential houses, and an ice machine which provide approximately $5,175 rent per month. This parcel is located at the corner of Lexington Road and Indiana Avenue. Just two miles from downtown Athens and the University of Georgia, this property offers easy access to a vibrant community and a thriving student population. Less than a mile from the Bypass/Loop 10 makes it easy to access from anywhere in the Athens area. You can’t beat the combination of location, visibility, and traffic count this site has to offer.1. 7.78-Acre Corner Commercial Parcel, 2. Great Visibility With Traffic Count of 28,900 ADT, 3. Approximately 750’ Frontage on Lexington Rd, 4. Zoned C- G With All Utilities Available, 5. Open Parcel With Relatively Level Topo

Listing Status:
Active
Date Added:
July 22, 2023 at 05:00AM
Listing Office:
NAI Elrod Group : (706) 553-1000
Listing Agent:
Daniel Bennett : (706) 340-6066
MLS ID:
CM1008442
  • General: Other
  • Other Structures: Other

This listing courtesy of Daniel Bennett, NAI Elrod Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gaines Elementary School

900 Gaines School Rd, Athens, GA, 30605

Grades PK-5

1.11 miles away

H

Hilsman Middle School

870 Gaines School Rd, Athens, GA, 30605

Grades 6-8

1.06 miles away

C

Cedar Shoals High School

1300 Cedar Shoals Dr, Athens, GA, 30605

Grades 9-12

1.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.