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    161 Fritz Mar Ln Athens, GA 30607

    For Sale
    $355,000

    7,200 SF Retail Building, 2 Units

    Property size:
    7,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 7,200 square foot retail property in Athens, Georgia, presents a unique investment opportunity. Located at 161 Fritz Mar Ln, in Clarke County (zip code 30607), this 2024-built building sits on a generous 3.19-acre lot and is zoned "I" within the ACC TAD district. The property is divided into two 3,600 square foot units, ideal for multiple businesses or a single large tenant. It's a turnkey pad, permit-ready, minimizing preparation for slab setup. Utilities are largely in place, including Georgia Power (3-phase 120/208 power, options for 200 amp or 600 amp service), AT&T fiber internet, and a 3/4" water meter and sewer service (county fees paid). The seller is covering development costs, parking lot construction, and road improvements. This build-ready site offers the potential for occupancy by the end of 2024, making it an attractive proposition for immediate development and occupancy. The asking price is $355,000.

    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 retail building in Athens, GA (30607).
    • Located at 161 Fritz Mar Ln, Clarke County, on a 3.19‑acre lot.
    • 2024 construction, zoned "I" in the ACC TAD district.
    • Divided into two 3,600 SF units.
    • Turnkey pad, permit‑ready, utilities largely in place (including 3‑phase power & fiber internet).
    • Seller covers development costs, parking, and road improvements.
    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 - 7,200 SF Retail Building, 2 Units
    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 $355,000.
    What are key features of this property?
    This property features: 7,200 SF retail building in Athens, GA (30607).; Located at 161 Fritz Mar Ln, Clarke County, on a 3.19-acre lot.; 2024 construction, zoned "I" in the ACC TAD district.
    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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