$265,000
SOLD MAY 8, 2024

00 W Highway 72 Colbert, GA 30628

9 Acres
$28,403 Price per Acre
406,415 Sq Ft Lot

Recently Sold

5% Below List Price

63 Days on Market

About This Lot

As of May 2025

Property Description: Explore the potential of this 9.33-acre commercial tract in Colbert, GA, prominently located on US Hwy 72. Offering superb visibility, it's an ideal spot for businesses seeking high exposure. Zoned C-2, inclusive of C-1, R-1, and R-2 uses, this property is perfect for various commercial projects. Its proximity to Athens and the University of Georgia enhances its appeal, leveraging the area's vibrant economy and educational influence. This corner lot is development-ready with approximately 1,000' frontage on Highway 72 W. It also features a great rectangular shape, rolling topography, and a median break. Situated in a region known for its historical charm and community growth, it represents an excellent opportunity for investment in a dynamic and growing area. This tract is not just a piece of land; it's a gateway to endless possibilities in a commercially promising and culturally rich part of Georgia. Location Description: This 9.33-acre property in Colbert, GA, boasts a prime location, combining natural beauty with strategic accessibility. Just 12 miles northeast of Athens and the University of Georgia, it offers visibility on US Hwy 72. The area is characterized by rolling hills, lush woodlands, and a serene atmosphere, enhancing its appeal. This property represents a unique opportunity to invest in a region that balances the tranquility of a rural setting with the convenience of nearby urban amenities.1. High Visibility with a High Traffic Count, 2. Zoned Commercial C-2 General Business, 3. Located Just 12 Miles from Athens and the University of Georgia, 4. Madison County & the Colbert Area Continue to See Steady Growth, 5. Corner Lot on Hwy 72 with Median Break, 6. Approximately 1,000' Frontage on Hwy 72

Last Agent to Sell the Property

Daniel Bennett

NAI Elrod Group Brokerage Phone: (706) 553-1000 License #345850 Listed on: 12/28/2023

NAI Elrod Group

Last Buyer's Agent

Daniel Bennett

NAI Elrod Group Brokerage Phone: (706) 553-1000 License #345850 Listed on: 12/28/2023

NAI Elrod Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,407

Lot Details

  • 9.33 Acre Lot
  • Property fronts a highway
  • Property fronts an easement
  • Lot Has A Rolling Slope

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 0058 142 03

Property Details

Property Type

Land

Est. Annual Taxes

$1,407

Lot Details

0

Listing Details

  • Attribution Contact: (706) 553-1000
  • Directions: From the Athens area, take US-129 N/US-29 N/US-441 N out of town. Past Athens Tech and turn right onto Hull Road. Follow Hull Rd/GA-72 E/Hull Colbert Rd for 8.1 miles. Make a U-turn, and the property will be on the right in about 295 feet.
  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Lot Size Acres: 9.33
  • Road Frontage Type: County Road, Highway
  • Road Surface Type: Paved
  • Subdivision Name: No Recorded Subdivision
  • Property Sub Type Additional: Commercial,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rolling Slope, Easement
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Other, Sewer Available, See Remarks, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Current Use: Unimproved
  • Parcel #: 0058 142 03
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1406.67

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Sold $200,000 -7.0% --
04/06/2025 04/06/25 Pending -- -- --
05/10/2024 05/10/24 Price Changed $215,000 -18.9% --
05/08/2024 05/08/24 Sold $265,000 +47.2% --
03/11/2024 03/11/24 For Sale $180,000 -35.7% --
03/01/2024 03/01/24 Pending -- -- --
03/01/2024 03/01/24 Pending -- -- --
12/28/2023 12/28/23 For Sale $280,000 +55.6% --
12/27/2023 12/27/23 For Sale $180,000 -- --
Source: CLASSIC MLS (Athens Area Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: CLASSIC MLS (Athens Area Association of REALTORS®)

MLS Number: 1012604

CLASSIC MLS (Athens Area Association of REALTORS®)