0 Hancock Industrial Way Athens, GA 30601
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.
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
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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.