1140 Dr Martin Luther King Jr Parkway
$1,000,000
201,247 / 4.62
Description
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...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.
- Listed by Matthew Smith • Georgia Premier RE Advisors
Property Details for 1140 Dr Martin Luther King Jr Parkway
Subdivision
none
LISTING UPDATED: 11/15/2024 01:06 AM
Property Details for 1140 Dr Martin Luther King Jr Parkway
Status | Active |
---|---|
MLS # | 10266477 |
Days on Market | 68 |
Taxes | $6,622 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Residential Lot |
Year Built | - |
Lot Size | 4.62 AC |
County | Clarke County |
Building Information for 1140 Dr Martin Luther King Jr Parkway
Lot Size4.62 AC
Property Information for 1140 Dr Martin Luther King Jr Parkway
Property History for 1140 Dr Martin Luther King Jr Parkway
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1140 Dr Martin Luther King Jr Parkway
Taxable ValueLand$77,616Additions$161,295Total$238,911
Tax Record2023$7,466 ($622 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,490 SqFtAbove Grade Finished SqFt1,490 SqFtLot Size201,247 SqFtStyleSingle Family ResidenceYear Built1965Year Renovated2006ZoningRS-8CountyCLARKEAPN16-3-B1 B-001
Schools near 1140 Dr Martin Luther King Jr Parkway
This home is within Clarke County School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Howard B. Stroud Elementary School PublicPK to 5 | ||
Coile Middle School Public6 to 8 | ||
Cedar Shoals High School Public9 to 12 | ||
Classic City High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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