1934 Lexington Road Athens, GA $ 2,200,000
1934 Lexington Road
$ 2,200,000
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1934 Lexington Road

Athens, GA, 30605
$ 2,200,000
Baths0.0

Monthly Estimate*

$ 15,368

1934 Lexington Road, Athens, GA 30605 - Image 1
1934 Lexington Road, Athens, GA 30605 - Image 2
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1934 Lexington Road, Athens, GA 30605 - Image 9
Studio

Lots and Land for sale in Athens, GA

for $2,200,000. The lot size is 7.78.

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.

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Lots and Land Active

Price

$ 2,200,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 17,556

Style

Unimproved Land

Lot Size

7.78

Town/City

Athens

County/Region

Clarke

MLS | Web ID

20136394

Features
General
Sewer Public Sewer
Utilities High Speed Internet Sewer Available Phone Available Water Available
Property SubType Unimproved Land
Tax Year 2022
Community Features None
County Clarke
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
Directions From downtown Athens follow Oconee Street out of town. Oconee Street will turn into Oak Street which will turn into Lexington Road. After the Bypass the property will be approximately 1/2 mile on you
High School Cedar Shoals
City Athens
Buyer Agent Compensation 4
View Y/N N
Senior Community Y/N N
Lot Size Square Feet 338896.8
Waterfront Y/N N
Carport Y/N N
Street Name Lexington
Elementary School Gaines
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 17556.87
Home Warranty Y/N N
Middle/Junior High School Hilsman
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Lot Features Level Other Corner Lot
Water Source Public
Lot Size Area 7.78
Spa N
Lot Size Acres 7.78
Lot Size Units Acres
Lot Size Source Public Records
Open Parking Y/N N
Horse Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Road
Electric On Property Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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* Excluded Features
List By
Nai Elrod Group

Broker

brian@naielrod.com

Email

Affordability Calculator

$16,831
Per Month
91%
9%
0%
Monthly Principal & Interest
$15,368
Monthly Property Taxes
$1,463
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4135528 Elementary School
4133266 Middle School
Cedar Shoals High School High School
Pricing History
DatePricePrice ChangeDescription
7/22/2023$2,200,000 Listed Price

Map


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1934 Lexington Road, Athens, GA, 30605 is a Lots and Land for sale at $2,200,000 with a lot size of 7.78. 1934 Lexington Road is a studio with 0.0 baths. The property's zip code is 30605 which is in Athens, GA