1140 Dr Martin Luther King Jr, Athens GA 30602

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$1,000,000

1140 Dr Martin Luther King Jr, Athens, GA 30602

bedrooms

bathrooms

square feet

Acreage

4.62

Open Houses

year built

Full Baths

Half Baths

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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.

Location
Subdivision	none
County	Clarke
Elementary School	Out of Area
Middle School	Other
High School	Out of Area

Driving directions

Open houses

None scheduled.

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MLS number: 10266477

Listing agent: Matthew L. Smith

Listing broker: Georgia Premier Real Estate Advisors (706) 340-4724

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. [source]

Last update: Tuesday, November 12 2024 at 4:27 p.m. EST

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