Technical
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Property profile

0 Hancock Industrial Way Athens, GA 30601

OFF-MARKET
Land
41.68 ac lot
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Property summary

AI-generated overview

This exceptional 41.68-acre industrial land parcel presents a compelling investment opportunity in Athens, Georgia's thriving Athena Industrial Park. Strategically located at the intersection of Olympic Drive and Hancock Industrial Way, this property boasts convenient access to major highways, including Loop 10 (Hwy 441), situated approximately one mile east of the new interchange. The site is zoned E-I (Employment-Industrial), allowing for a variety of industrial uses. The land is partially wooded, featuring a small creek traversing the northern portion. This area comprises roughly 12.5 acres, while approximately 29 acres lie to the south of the creek and wetlands. The property offers significant development potential, with the possibility of subdivision. All essential utilities are readily available, ensuring seamless infrastructure for any future development plans. Priced at $2,084,000, or $50,000 per acre, this offering represents a rare chance to acquire prime industrial land in a rapidly growing area. The property's location within the established Athena Industrial Park provides immediate access to existing infrastructure and a strong business community.

Property profile

Verified
Property type Land
Lot 41.68 ac (1,815,581 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hancock Industrial Way Athens, GA 30601
Athens metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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