Active

1934 Lexington Road

Athens GA, 30605

$2,200,000


$6.49 per sqft

Active

338,897 sqft

Commercial

Listed by Daniel Bennett with NAI Elrod Group (706) 553-1000

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 $5,025 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

1008442

MLS ID

July 17, 2023

Listed

February 16, 2024

Updated

Map

1934 Lexington Road
Athens GA, 30605

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

7.78 Acres


Lot Features

Level, Easement


Sewer

Public Sewer

Other Property Details

Taxes

$17,557


Tax Frequency

Annually


Days on Market

80


Garage

No


View

No


County

Clarke Co.


Water Source

Public


Pool

No


Buyer Agency Compensation

4%

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Gena Knox shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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