1938 Lexington Rd, Athens, GA

Listing agent Brian Elrod License ##251606

Listing office NAI Elrod Group b***@naielrod.com Show Phone

Listing date Jul 25, 2023

Source Moodyscre

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Overview

This 7.78-acre commercial parcel presents a development opportunity with 750 feet of frontage on Lexington Road and 370 feet of frontage on Indiana Avenue, offering visibility and accessibility. The property is zoned Commercial General, allowing for a range of commercial uses, and all utilities are available. The site features relatively level terrain and a traffic count of 28,900 cars. Located two miles from downtown Athens and the University of Georgia, it is also less than half a mile from Highway 78 and Loop 10 interchange. The area is experiencing growth, with new multi-family developments including The Haven of Athens and the Atlas Athens development. The new Loop Interchange at Lexington Road is scheduled for completion in 2025. Currently, the property includes an existing 6,600 square foot commercial building, two small residential houses, and an ice machine, generating approximately $5,175 in monthly rent.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Athens

County

Clarke

State

Georgia

Longitude

-83.3449

Latitude

33.9444

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FAQs

What type of property is this?

Commercial land - Prime commercial land near downtown Athens and the University of Georgia.

Where is this commercial land located?

The property is located at 1938 Lexington Rd Athens, GA.

What is the asking price?

The asking price for this property is $2,200,000.

What are key features of this property?

This property features: 7.78‑acre commercial parcel with **750' frontage on Lexington Rd and 370' on Indiana Ave** offering high visibility and accessibility.; Located just two miles from downtown Athens and the University of Georgia.; Zoned Commercial General (C‑G) with all utilities available.