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    Industrial Pad Ready For Development

    161 Fritz Mar Lane Athens, GA 30607

    161 Fritz Mar Lane, Athens, GA, 30607
    $350,000
    For Sale
    Claim this Listing
    $350,000

    COMMERCIAL - Athens, GA

    Property Size4,000 SF
    Lot Size3.19 Acres
    Price / SF$87.50
    AddedApr 10, 2024
    Days on Market827
    Last RefreshJul 15 at 8:06 am

    Property Features for 161 Fritz Mar Lane

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Property condition
    Under Construction
    Parking
    11
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    112 020
    Size
    4,000 SF
    Lot size
    3.19 Acres

    Taxes and HOA fees

    Tax Year
    23
    Tax Annual Amount
    878

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    2025

    Listing agent Brittany D Purcell License #324606

    Listing office Keller Williams Greater Athens 1361 Jennings Mill Rd, Ste 101, Watkinsville, GA

    Listing date Apr 10, 2024

    MLS# 10497271

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    Located in Athens Clarke County, 161 Fritz Mar Lane offers an industrial project zoned "I" within the ACC TAD district. The development includes multiple buildings, with options for sale, build-to-suit, and lease. This listing pertains to a turn-key pad, specifically for a 4000 sq ft building (building 400 in the site plan). The pad is permit-ready, requiring minimal preparation for slab setup. Georgia Power is ready with 3-phase 120/208 power, prepared for 2QTY 200 amp service or 1QTY 600 amp service for building 100 only. ATT fiber internet is available, along with 1QTY ACC water 3/4" meter and sewer service. The seller has completed the development of parking lots and roads. Buildings 200, 300, and 600 are currently under construction. The site spans 3.19 acres. The property is located in Athens, GA, with a postal code of 30607, in Clarke County.

    Key Highlights

    • Turn‑key pad ready for a 4000 sq ft building, minimal prep needed for slab setup, allowing for quick construction.
    • Zoned "I" in the ACC TAD district, offering potential tax advantages and suitable for industrial use.
    • Ga Power ready with 3 phase 120/208 power, offering flexible electrical service options (2QTY 200 amp or 1QTY 600 amp).

    Local Financial Insights For Industrial

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $37.9k $9.48
    − Vacancy −$3.1k −$0.78
    EGI $34.8k $8.70
    − OpEx −$10.4k −$2.61
    NOI $24.4k $6.09
    4,000 SF · lease $9.48/SF/yr · vacancy 8.20% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $348.1K
    $304.6K – $406.1K (±1% cap)
    NOI $24,367 @ 7.0% cap · market cap 6.96%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $964.3K
    $843.8K – $1.13M (±1% cap)
    NOI $67,500 @ 7.0% cap · market cap 19.29%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Auto Repair Shop Garden Center Dental Office Carpet & Flooring Store Restaurant Cafe & Coffee Shop Gym & Fitness Center Grocery & Convenience Store Home Appliance Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Commercial land - Industrial pad available for immediate development in Athens, Georgia.
    Where is this commercial land located?
    The property is located at 161 Fritz Mar Lane Athens, GA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Turn‑key pad ready for a 4000 sq ft building, minimal prep needed for slab setup, allowing for quick construction.; Zoned "I" in the ACC TAD district, offering potential tax advantages and suitable for industrial use.; Ga Power ready with 3 phase 120/208 power, offering flexible electrical service options (2QTY 200 amp or 1QTY 600 amp).
    Contact an agent
    (706) 389-0771
    We can help!
    Contact an agent
    Brittany D Purcell
    Brittany D Purcell
    Real Estate License ID: 324606
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