1608/1610 Lexington Rd, Athens, GA 30605
This exceptional 2.73-acre commercial land parcel presents a prime development opportunity in East Athens, Georgia. Situated on a pin corner lot at a signalized intersection boasting 45,250 vehicles per day, this property offers unparalleled visibility and accessibility. Zoned Commercial-General, it benefits from readily available public water and sewer services. The location is experiencing significant revitalization, with recent developments including a renovated movie theater and a new liquor store nearby. Furthermore, the site's proximity to the Loop 10 interchange (currently undergoing improvements) and the Firefly Trail extension enhances its appeal. The property offers flexibility, with options for delivery as-is, pad-ready, or built-to-suit to meet specific development needs. The area also shows strong growth potential, with the addition of 1,500 new multifamily bedrooms in the immediate vicinity. Additional acreage is also available for larger-scale projects. This is an exceptional opportunity for investors and developers seeking a high-impact location in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.