1934 Lexington Rd, Athens, GA 30605
For Sale
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This exceptional 7.78-acre commercial and industrial land parcel presents a remarkable development opportunity in Athens, Georgia. Located at the corner of Lexington Road and Indiana Avenue, this property boasts 750 feet of frontage on Lexington Road and 370 feet on Indiana Avenue, ensuring exceptional visibility and accessibility. The site benefits from a high daily traffic count of 28,900 vehicles, making it ideal for a variety of commercial or mixed-use developments. The relatively level terrain simplifies construction, and all utilities are readily available. Zoned C-G (Commercial General), the property allows for a wide range of uses. Currently, the site includes a 6,600 square-foot commercial building, two small residential houses, and an ice machine, generating approximately $5,175 in monthly rental income. Its strategic location, just two miles from downtown Athens and the University of Georgia, and less than half a mile from the Highway 78 & Loop 10 interchange, provides unparalleled access to a vibrant community and thriving student population. The upcoming completion of the Loop Interchange at Lexington Road in 2025 further enhances the property's long-term value. This prime location, combined with its high visibility and substantial traffic count, makes this a truly exceptional investment opportunity. The property's APN is 174B2 A017 & 174B2 A018. The asking price is $2,200,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-G · Athens, GAAthens. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.