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    161 Fritz Mar Ln Athens, GA 30607

    For Sale
    $625,000

    Prime Athens retail space, 2 units, new construction.

    Property size:
    7,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 7,200-square-foot retail property in Athens, Clarke County, Georgia, presents a unique investment opportunity. Located at 161 Fritz Mar Ln, 30607, this newly constructed (2024) building offers two units, perfectly suited for various retail businesses. The property sits on a 3.19-acre lot and is zoned "I" within the ACC TAD district. This turnkey pad is permit-ready, minimizing preparation time for slab setup. The building is equipped for robust power needs, featuring Georgia Power readiness for 3-phase 120/208 power, accommodating either two 200-amp services or one 600-amp service. High-speed internet access is provided via AT&T fiber. Water and sewer services are included (county fees paid), with additional meters/taps available at the buyer's expense. The seller is covering development costs, including the parking lot and road infrastructure. This presents a rare chance to acquire a build-ready site, allowing for occupancy by the end of 2024. The asking price for this exceptional retail property is $625,000. Don't miss this opportunity to secure a prime retail location in a thriving Athens market.

    Property Features for 161 Fritz Mar Ln

    General Information

    Property type
    Retail properties
    Square Feet
    7,200 SF
    Lot Size
    138,956 SF

    Building Details

    Year Built
    2024
    Units
    2

    HighLights

    • 7,200 SF newly constructed (2024) retail building in Athens, GA.
    • Located at 161 Fritz Mar Ln, 30607, on a 3.19‑acre lot.
    • Two units available, ideal for various retail uses.
    • Zoned "I" in the ACC TAD district.
    • $625,000 asking price.
    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?
    Retail property - Prime Athens retail space, 2 units, new construction.
    Where is this retail property located?
    The property is located at 161 Fritz Mar Ln Athens, GA.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: 7,200 SF newly constructed (2024) retail building in Athens, GA.; Located at 161 Fritz Mar Ln, 30607, on a 3.19-acre lot.; Two units available, ideal for various retail uses.
    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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