Industrial Pad Ready For
161 Fritz Mar Lane, Athens, GA 30607
- Added:
- Apr 10, 2024
- Days on Market:
- 782
- Last Refresh:
- May 31 at 1:06 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 (706) 389-0771
Listing office Keller Williams Greater Athens 1361 Jennings Mill Rd, Ste 101, Watkinsville, GA (706) 316-2900
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.
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).
- Development includes parking lots and roads, saving the buyer significant upfront infrastructure costs.
- ATT fiber internet, 1QTY ACC water 3/4" meter and sewer service included (county fees paid).
- New construction with estimated completion by the end of 2025, allowing for modern facilities.
Overview
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.
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
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
NOI $67,500 @ 7.0% cap · market cap 19.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Clarke
- State
- Georgia
- Longitude
- -83.399826
- Latitude
- 33.984399
Nearby Similar for Sale
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).
