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    155 Westpark Dr Athens, GA 30606

    For Sale
    Contact for pricing

    Build-ready luxury condo site, 27,000 sq ft.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Exceptional opportunity to acquire a 27,000 square foot build-ready lot ideally situated in Athens, Georgia, at 155 & 305 Westpark Drive. This prime location offers unparalleled convenience, nestled near the intersection of Atlanta Highway and Jennings Mill Road, providing easy access to the loop. The property is zoned for residential development and boasts a county-approved plan for an 18-unit luxury garden-style condo complex. All essential infrastructure is in place, including sewer, water, and community roads, ensuring a seamless construction process. The site is level, simplifying development. To facilitate a smooth transition, complete engineering and architectural plans will be transferred to the new owner. This thriving area is experiencing significant growth, with over $100 million in new developments underway in the immediate vicinity. Its central location offers easy access to Epps Bridge Road, Highway 316, Loop 10, and Atlanta Highway. Nearby amenities include a variety of retail shops and restaurants, enhancing the desirability of this location. A land disturbance permit is already in place. This is a truly exceptional opportunity to capitalize on the burgeoning real estate market in Athens, Georgia.

    Property Features for 155 Westpark Dr

    General Information

    Property type
    Land

    HighLights

    • County‑approved plans for 18 luxury garden‑style apartments totaling 27,000 square feet.
    • Utilities (sewer, water) and roadways are complete; level lot.
    • Approved engineering and architectural plans included in sale.
    • Prime location near Epps Bridge Road, Highway 316, Loop 10, and Atlanta Highway in a rapidly developing area.
    • Surrounded by over $100 million in new development.
    • Land disturbance permit secured.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Daycare Center Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Clarke
    State
    Georgia
    Longitude
    -83.462177317635
    Latitude
    33.935544803583

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    FAQs

    What type of property is this?
    Land - Build-ready luxury condo site, 27,000 sq ft.
    Where is this land located?
    The property is located at 155 Westpark Dr Athens, GA.
    What are key features of this property?
    This property features: County-approved plans for 18 luxury garden-style apartments totaling 27,000 square feet.; Utilities (sewer, water) and roadways are complete; level lot.; Approved engineering and architectural plans included in sale.
    (404) 618-0726
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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
    155 Westpark Dr Athens, GA 30606
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