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    Olympic Dr Athens, GA 30601

    For Sale
    $1,890,000

    37.8 Acres, Heavy Industrial Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 37.8-acre industrial land parcel presents a compelling investment opportunity in Athens, Georgia. Located within the Athena Industrial Park, this property boasts a highly desirable I-Industrial zoning designation, the most intensive industrial zoning permitted in Athens-Clarke County. The strategic location on Olympic Drive provides convenient access to major thoroughfares, including Athena Drive and Loop 10 (Athens Perimeter), offering seamless connectivity for logistics and transportation. The site is situated approximately 0.7 miles east of the recently completed Loop 10 (Highway 441) interchange, further enhancing its accessibility. A portion of the land is wooded, and a lake is situated in the northeast section, adding to its unique character. Detailed Phase I environmental and wetlands delineation reports are readily available for review, facilitating a streamlined due diligence process. This prime industrial land is ideally suited for a variety of heavy industrial uses, making it an exceptional opportunity for developers and businesses seeking a strategic location with excellent infrastructure and access. The asking price is $1,890,000, translating to $50,000 per acre. The property's address is Olympic Drive, Athens, GA 30601, in Clarke County.

    Property Features for 0 Olympic Dr

    General Information

    Property type
    Land
    Lot Size
    1,646,568 SF

    HighLights

    • Heavy Industrial (I‑Industrial) zoning in Athens‑Clarke County.
    • Located in the Athena Industrial Park.
    • Excellent access to major thoroughfares including Olympic Drive, Athena Drive, and Loop 10.
    • Phase I environmental and wetlands delineation reports available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Athens
    County
    Clarke
    State
    Georgia
    Longitude
    -83.3321029
    Latitude
    33.9822178

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    FAQs

    What type of property is this?
    Land - 37.8 Acres, Heavy Industrial Zoning, Prime Location
    Where is this land located?
    The property is located at Olympic Dr Athens, GA.
    What is the asking price?
    The asking price for this property is $1,890,000.
    What are key features of this property?
    This property features: Heavy Industrial (I-Industrial) zoning in Athens-Clarke County.; Located in the Athena Industrial Park.; Excellent access to major thoroughfares including Olympic Drive, Athena Drive, and Loop 10.
    Request Owner's contact information
    Olympic Dr Athens, GA 30601
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    Athens, GA 30601
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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
    Olympic Dr Athens, GA 30601
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