Turn-Key Industrial Building
161 Fritz Mar Lane Athens, GA 30607
161 Fritz Mar Lane, Athens, GA, 30607
$350,000
For Sale
$350,000
COMMERCIAL - Athens, GA
Property Size4,000 SF
Lot Size3.19 Acres
Price / SF$87.50
Days on Market463
Property Features for 161 Fritz Mar Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- I
- Parking
- 11
- Standard status
- Active
- APN
- 112 020
- Lot size
- 3.19 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 877
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2025
Listing Agency
Keller Williams Greater Athens
(706) 316-2900
1361 Jennings Mill Rd,#101, Watkinsville, GA
Listed by
A.J. Purcell · License #394288
(706) 255-4161
Added: Apr 10, 2025 Checked: Jul 16 at 4:06 pm
MLS# CM1024934
Copyright © 2026 Hive MLS. 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.
This offering is a turn-key, permit-ready industrial pad designed for a 4,000-square-foot building (Building 500 in the site plan). The pad is intended to require minimal prep for slab setup. The overall site is zoned I and located within the ACC TAD district, and the developer is offering pads and shell buildings for sale, with build-to-suit and lease options also available through the agent.
The property address is 161 Fritz Mar Lane in Clarke County, Georgia, where multiple buildings in the development are currently underway, including Buildings 200, 300, and 600. The seller has covered the development of the parking lots and roads, supporting the buyer’s ability to move forward with construction as planned.
Utilities are established for practical site readiness, including GA Power readiness for 3-phase 120/208 power with options for 2 x 200 amp service or 1 x 600 amp service for Building 100. ATT fiber internet is listed as ready. The site is also described as including ACC water with a 3/4" meter and sewer service, with county fees paid and additional meters or taps available at buyer cost. For an owner-operator or developer seeking a build-ready industrial site, this pad is positioned to support construction through the end of 2025.
The property address is 161 Fritz Mar Lane in Clarke County, Georgia, where multiple buildings in the development are currently underway, including Buildings 200, 300, and 600. The seller has covered the development of the parking lots and roads, supporting the buyer’s ability to move forward with construction as planned.
Utilities are established for practical site readiness, including GA Power readiness for 3-phase 120/208 power with options for 2 x 200 amp service or 1 x 600 amp service for Building 100. ATT fiber internet is listed as ready. The site is also described as including ACC water with a 3/4" meter and sewer service, with county fees paid and additional meters or taps available at buyer cost. For an owner-operator or developer seeking a build-ready industrial site, this pad is positioned to support construction through the end of 2025.
Key Highlights
- Turn‑key pad ready for a 4000 sq ft building (Building 500), permit ready with minimal prep needed for slab setup, allowing for quick construction.
- Located in the Athens Clarke County TAD district and zoned "I" for industrial use.
- Ga Power ready with 3 phase 120/208 power, offering options for 2QTY 200 amp service or 1QTY 600 amp service (building 100 only).
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 Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Build-ready industrial pad with utility connections and permits prepared for a future 4,000-square-foot facility.
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 (Building 500)**, permit ready with minimal prep needed for slab setup, allowing for quick construction.; Located in the Athens Clarke County TAD district and zoned "I" for industrial use.; Ga Power ready with 3 phase 120/208 power, offering options for 2QTY 200 amp service or 1QTY 600 amp service (building 100 only).
