1934 Lexington Rd Athens, GA 30605
Estimated payment $13,754/month
Total Views
26,616
8
Acres
$282,776
Price per Acre
338,897
Sq Ft Lot
About This Lot
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 Agent
NAI Elrod Group Brokerage Phone: (706) 553-1000 License #345850 Listed on: 07/22/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $17,557
Year Built
- 1969
Lot Details
- 7.78 Acre Lot
- Property fronts a highway
- Property fronts an easement
- Level Lot
Utilities
- Underground Utilities
Listing and Financial Details
- Assessor Parcel Number 174B2 A017 & 174B2 A018
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $16,831 | $538,605 | $453,600 | $85,005 |
| 2023 | $16,831 | $538,605 | $453,600 | $85,005 |
| 2022 | $15,773 | $494,454 | $362,880 | $131,574 |
| 2021 | $16,170 | $479,834 | $362,880 | $116,954 |
| 2020 | $16,170 | $479,834 | $362,880 | $116,954 |
| 2019 | $17,965 | $624,111 | $506,266 | $117,845 |
| 2018 | $17,523 | $592,469 | $474,624 | $117,845 |
| 2017 | $17,523 | $592,469 | $474,624 | $117,845 |
| 2016 | $17,523 | $592,469 | $474,624 | $117,845 |
| 2015 | $17,139 | $563,626 | $474,624 | $89,002 |
| 2014 | $17,158 | $563,626 | $474,624 | $89,002 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2023 07/22/23 | For Sale | $2,200,000 | -- | -- |
Source: CLASSIC MLS (Athens Area Association of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Limited Warranty Deed | $980,000 | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $13,212,300 | Commercial |
Source: Public Records
Similar Property in Athens, GA
Source: CLASSIC MLS (Athens Area Association of REALTORS®)
MLS Number: 1008442
APN: 174B2-A-017
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