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    161 Fritz Mar Ln Athens, GA 30607

    For Sale
    $355,000

    3.19-acre build-ready commercial lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 3.19-acre commercial land parcel in Athens, Clarke County, Georgia (zip code 30607) is perfectly situated within the ACC TAD district and zoned "I". Priced at $355,000, this turnkey pad is ready for immediate development. Specifically designed for a 4,000 sq ft building (Building 500), it's permit-ready, requiring minimal preparation for slab installation. Infrastructure is complete, including Georgia Power connection for 3-phase 120/208 power (options for 2 x 200 amp or 1 x 600 amp service), AT&T fiber internet access, a 3/4" water meter, and sewer service (county fees paid). The seller has covered development costs, including the parking lot and road infrastructure. This exceptional opportunity allows for a new building completion by the end of 2024. This is a ready-to-build site, minimizing delays and maximizing your return on investment.

    Property Features for 161 Fritz Mar Ln

    General Information

    Property type
    Land
    Lot Size
    138,956 SF

    HighLights

    • 3.19‑acre commercial land parcel in Athens, GA (30607), located in the ACC TAD district.
    • Zoned "I" and priced at $355,000.
    • Permit‑ready for a 4,000 sq ft building (Building 500), with minimal site prep needed for slab installation.
    • Complete infrastructure includes 3‑phase 120/208 power, AT&T fiber, water & sewer (county fees paid).
    • Seller‑paid development costs include parking lot and road infrastructure; potential for completion by end of 2024.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Clarke
    State
    Georgia
    Longitude
    -83.399845
    Latitude
    33.984401

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    FAQs

    What type of property is this?
    Land - 3.19-acre build-ready commercial lot
    Where is this land located?
    The property is located at 161 Fritz Mar Ln Athens, GA.
    What is the asking price?
    The asking price for this property is $355,000.
    What are key features of this property?
    This property features: 3.19-acre commercial land parcel in Athens, GA (30607), located in the ACC TAD district.; Zoned "I" and priced at $355,000.; Permit-ready for a 4,000 sq ft building (Building 500), with minimal site prep needed for slab installation.
    Request Owner's contact information
    161 Fritz Mar Ln Athens, GA 30607
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    Athens, GA 30607
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    161 Fritz Mar Ln Athens, GA 30607
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